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Thomas McCraw


Thomas Kincaid McCraw (September 11, 1940 Corinth, Mississippi – November 3, 2012 in Cambridge, Massachusetts) was an American business historian and Isidor Straus Professor of Business History, Emeritus at Harvard Business School, who won the 1985 Pulitzer Prize for History for Prophets of Regulation: Charles Francis Adams, Louis D. Brandeis, James M. Landis, Alfred E. Kahn (1984), which "used biography to explore thorny issues in economics." (The New York Times)

McCraw was born in Corinth, Mississippi near where his father John, a civil engineer for the Tennessee Valley Authority was helping to build a dam. The family moved frequently, and McCraw graduated from high school in Florence, Alabama.

McCraw attended the University of Mississippi on an ROTC scholarship, and graduated with a BA degree in 1962. He was an officer of the United States Navy in 1962–66, then went to the University of Wisconsin–Madison for his graduate studies, completing a PhD degree in 1970. He worked as a teaching assistant at the University of Wisconsin from 1967–1969.

McCraw was assistant professor of history (1970–74) and associate professor of history (1974–78) at the University of Texas at Austin before joining Harvard Business School in 1978, becoming a director of research in 1984-1986. At Harvard he created a standard first-year course for M.B.A. students, “Creating Modern Capitalism,” which enhanced the profile and popularity of business history at the school; its syllabus became a textbook that is widely used.

Throughout his academic career, McCraw served in various positions. He served as a member of the council of the Massachusetts Historical Society, and was on the advisory board of the Nomura School of Advanced Management in Tokyo, Japan.


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