ɪn nˈaɪntiːnhˈʌndɹɪd sˈɪksti fˈaɪv, hiː wʌzðə fˈɜːst ɹᵻsˈɪpiənt ʌvðə dʒˈɑːn ˈɑːɹ. kˈɑːmənz ɐwˈɔːɹd, ɡˈɪvən baɪ ðɪ ˌiːkənˈɑːmɪks ˈɑːnɚ səsˈaɪəɾi ˈɑːmɪkɹˌɑːn dˈɛltə ˈɛpsɪlˌɑːn.
In 1965, he was the first recipient of the John R. Commons Award, given by the economics honor society Omicron Delta Epsilon.