Thomas K. McCraw

• Born: 1940

Thomas K. McCraw is the Isidor Straus Professor of Business History at the Harvard Business School and co-editor of the Business History Review. He is also editor of the book series Harvard Studies in Business History, published by Harvard University Press. McCraw's book Morgan Versus Lilienthal won the William P. Lyons Award in 1970, and in 1985 his book Prophets of Regulation won both that year's Pulitzer Prize in History and the Thomas Newcomen Award for 1986 (which is given for the best book on the history of business published over a three-year period). His latest book is titled Schumpeter's Engine: Creative Destruction and the Power of Capitalism, combining biography, business and economic history, entrepreneurial history, and the history of economic thought.

At the Harvard Business School McCraw has served as a Director of Research (1984-86), chair and co-chair of the Business, Government, and the International Economy Unit (1986-97). He was associate editor of The Encyclopedia of the United States in the Twentieth Century (1996), and has been a member of the Council of the Massachusetts Historical Society, the advisory board of the Nomura School of Advanced Management (Tokyo), the editorial board of Reviews in American History, and the Board of Syndics of Harvard University Press. He has also served as President and Trustee of the Business History Conference.

Most Famous Works

• Morgan Versus Lilienthal (1970)
• Prophets of Regulation (1984)
• The Essential Alfred Chandler (1988)
• American Business, 1920-2000: How It Worked (2000)