Lawrence Minard

Lawrence Minard was born in Seattle, Washington, to Nancy and Everett Lawrence Minard Jr., on November 19, 1949. He had two brothers, Frank and Michael, and spent part of his childhood in Juneau, Alaska. Minard earned a B.A. in economics from Trinity College in Hartford, Connecticut, and studied political economics at The New School in New York City. ==Career==

Minard joined Forbes magazine in 1974 as a researcher and reporter. He soon forged a friendship with Steve Forbes, then a fellow rookie reporter, that lasted the rest of his life. in which they argue that inflation is made worse by higher taxes forcing merchants to raise their prices, and that economists fail to take historical factors into account. Minard was a special correspondent in Asia in 1978. Minard responded that advertisers were shown articles critical of them in case they wanted to pull their ads from the issues containing those articles, but they did not affect editorial decisions at the magazine. Forbes had been licensing its name to various international publications, but decided to launch its own international business magazine to compete with The Economist and the international editions of Business Week, Fortune, and The Wall Street Journal. ==Personal life==

Minard married Elizabeth Bailey, and they had two children, Sara and Julia. He enjoyed travel, skiing, sailing, and mountain climbing. On August 2, 2001, Minard and his daughter Julia went on a guided climb to the top of Mount Rainier in Washington. While ascending Disappointment Cleaver, he stopped at 12,000 feet elevation complaining of difficulty breathing, then stopped breathing altogether after a few minutes. A guide administered CPR to no avail. The coroner ruled he died from a heart attack caused by coronary artery disease. ==Honors==

The Minard Editor Award was created in Minard's honor after his death by the UCLA Anderson School of Management as part of the Gerald Loeb Awards to recognize business editors whose work does not receive a byline or whose face does not appear on air for the work covered. Minard received the first award posthumously in 2002. The trophy was presented to his wife Elizabeth by his longtime friend Steve Forbes at the awards ceremony. ==References==