Herschel I. Grossman was born in Philadelphia on 6 March 1939. After receiving his B.A. from the University of Virginia and B. Phil from Oxford, he pursued a Ph.D. from Johns Hopkins University. In 1964, Grossman joined Brown University's economics faculty. He was appointed Merton P. Stoltz Professor in the Social Sciences in 1980. Grossman was a Guggenheim Fellow and a Visiting Scholar at the Russell Sage Foundation. He served on the editorial boards of several journals, including the American Economic Review, the Journal of Monetary Economics, the European Journal of Political Economy, and Economics of Governance, and was a Research Associate of the National Bureau of Economic Research. He died suddenly at the age of 65 on 9 October 2004, while in Marseilles, France, where he was attending a conference.
From the guide to the Herschel Grossman papers, Grossman (Herschel) Papers, 1957-2003, (John Hay Library Special Collections)