Albert Rees
Website	[<span%20class="url">.duke.edu/rubenstein/findingaids/rees/ library.duke.edu/rubenstein/findingaids/rees/%20library<wbr/>.duke<wbr/>.edu<wbr/>/rubenstein<wbr/>/findingaids<wbr/>/rees<wbr/>/]</span>]

Academic background
Alma mater	University of Chicago (Ph.D.) Oberlin College
Thesis title	"The effect of collective bargaining on wage and price levels in the basic steel and bituminous coal industries, 1945-1948"
Thesis year	1950
Academic work
Doctoral students	James Heckman
Notable works	Landmark labor study with George P. Shultz Economics of Work and Pay

Albert Rees
Website	[<span%20class="url">.duke.edu/rubenstein/findingaids/rees/ library.duke.edu/rubenstein/findingaids/rees/%20library<wbr/>.duke<wbr/>.edu<wbr/>/rubenstein<wbr/>/findingaids<wbr/>/rees<wbr/>/]</span>]

Academic background
Alma mater	University of Chicago (Ph.D.) Oberlin College
Thesis title	"The effect of collective bargaining on wage and price levels in the basic steel and bituminous coal industries, 1945-1948"
Thesis year	1950
Academic work
Doctoral students	James Heckman
Notable works	Landmark labor study with George P. Shultz Economics of Work and Pay

**Council on Wage and Price Stability**
Agency overview
CoWPS
Formed	1974
Preceding agency	Pay Board and Price Commission
Dissolved	1981
Superseding agencies	Office of Information and Regulatory Affairs Council of Economic Advisors National Labor Relations Board
Headquarters	Washington, D.C.
Agency executives	Albert Rees Alfred E. Kahn
Parent agency	Executive Office of the President

Albert E. Rees (August 21, 1921 – September 5, 1992) was an American economist and noted author. An influential labor economist, Rees taught at Princeton University from 1966 to 1979, while also being an advisor to President Gerald Ford. He was also a former Provost of Princeton and former president of the Alfred P. Sloan Foundation. He was also the first head of the Council on Wage and Price Stability, a short-lived federal agency.

Born in New York City, Rees earned his bachelor's degree from Oberlin College in 1943. He later received his master's degree and his doctorate in economics from the University of Chicago. After obtaining his Ph.D. in 1950, he would go on to chair the economics department at Chicago from 1962-1966 before moving to Princeton as economics chair there. He would later co-author a landmark labor study with George P. Shultz. Another notable book, The Economics of Work and Pay, remained in print for two decades over at least six editions at Harper Collins. Notable doctoral students at Princeton would include the future Nobel Laureate James Heckman. He won many awards, including a Guggenheim Fellowship in 1969 and election to the American Academy of Arts and Sciences in 1971. Rees died on September 5, 1992, at University Medical Center of Princeton.

Since 1997, Princeton University awards the “Albert Rees Prize” for an outstanding dissertation in labor economics.Oberlin College has also established multiple Albert Rees prizes, including a Fellowship and an Assistantship.

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