From the hallways of John F. Ross high school to the world stage, one graduate is now a Nobel Prize winner in economic sciences.
David Card, who was born in Guelph and graduated from John F. Ross in 1974, recently received the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021. Card split the Nobel Prize with Joshua D. Angrist from the Massachusetts Institute of Technology and Guido W. Imbens, a Dutch-born professor from Stanford University.
An economics professor at the University of California, Berkeley and labour economist, a release from the university explains Card is most known for pioneering studies in the 1990s with Alan Krueger, which questioned the prevailing assumptions about the impact of immigration on native-born U.S. workers and the effect of minimum wage increases on domestic job growth.
Along with being a Nobel Prize winner, Card is also a recipient of the John F. Ross C.V.I Hall of Fame, where he was one of the first six alumnus to be inducted in 2017. His plaque within the hall of fame says Card was president of student council and 'instrumental in creating the business model for the purchase of the cafeteria.'
Iain Durk, John F. Ross C.V.I Hall of Fame Committee Chair, said Card was a 'very easy pick' for the school's hall of fame, and recalls Card flying in from California to attend the ceremony.
"It's obviously great for him, but it's also great for our school, our city, and for our country that he got this award," said Durk.
Durk recalls first hearing the news while watching Card's reaction on TV.
"He was shocked, he was completely surprised with the honour, and obviously when it makes national news, it's a huge deal," said Durk, "and the Nobel Prize is one of the most prestigious awards you can get.
"It's amazing news and pretty astonishing for a John F. Ross grad to have that honour."
After John F. Ross, Card graduated from Queen's University with a bachelor of arts in 1978, and then went on to obtain a Ph.D degree in economics from Princeton University. The plaque at John F. Ross adds Card has made significant contributions to research in the areas of minimum wage, welfare reform and education.