Terry Babcock-Lumish

Terry Babcock-Lumish
Born
Terry Lumish
Alma materCarnegie Mellon University (BS)
Indiana University School of Public and Environmental Affairs (MPA)
Oxford University (DPhil)
OccupationsProfessor, Entrepreneur, Policymaker
Notable credit(s)Islay Consulting LLC, President & Founder Economic, policy, and political consultancy firm (2005-present)
United States Military Academy, Assistant professor of economics and senior scholarship adviser (2012–2014)
Roosevelt House Public Policy Institute at Hunter College, Founding director of public policy (2011-2012)
Harry S. Truman Scholarship, winner, (1996)
SpouseBrian Babcock-Lumish
Websitewww.consultislay.com

Terry Babcock-Lumish (née Lumish) is an American professor, entrepreneur, and policymaker. She is the Executive Secretary of the Harry S. Truman Scholarship Foundation.[1]

Early life

Babcock-Lumish grew up in Pittsburgh, Pennsylvania, and attended Upper St. Clair High School. She received a Bachelor of Science from Carnegie Mellon University.[2] While there, she won a Harry S. Truman Scholarship. She later earned a master's degree in public affairs from Indiana University School of Public and Environmental Affairs and a Doctor of Philosophy from University of Oxford, St. John's College.[3]

Her father, Dr. Robert Lumish, was an infectious disease specialist and Chief of Infectious Diseases at UPMC Mercy Hospital.[4]

Career

From 1999 to 2001, Babcock-Lumish worked for the United States Government as a fellow in the Presidential Management Fellows Program in the President's Council of Economic Advisers.[1] Upon leaving the White House in 2001, she served as a researcher for two books by the Honorable Vice President Al Gore and Tipper Gore.[1]

From 2002 to 2004, Babcock-Lumish was an associate fellow and research associate at the Rothermere American Institute.[5]

From 2005 to 2008, Babcock-Lumish was a senior research associate at Harvard Law School.[6] From there, she went on to serve as a visiting research associate at the Oxford University Centre for the Environment.[7]

In January 2011, Babcock-Lumish was appointed as a Distinguished Lecturer and the first Newman Director of Public Policy at the Roosevelt House Public Policy Institute at Hunter College.[8] In this position, Babcock-Lumish directed the public policy program.

From 2012 to 2014, Babcock-Lumish was an assistant professor of economics at the United States Military Academy.[1]

In 2019, Babcock-Lumish was named the first female Executive Secretary of the Harry S. Truman Scholarship Foundation.[9]

Awards

Babcock-Lumish was named a Harry S. Truman Scholarship winner in 1996.[10] She went on to earn the Harry S. Truman Scholarship Foundation's Elmer B. Staats Award, the Foundation's highest honor granted to one Truman Scholar annually.[10]

Babcock-Lumish served as a Clarendon Scholarship recipient from 2002 to 2004 while reading her DPhil at Oxford.[11]

In 2007, Babcock-Lumish received the young alumni award from Carnegie Mellon University.[12]

In 2010, she won the Mexico International Film Festival Silver Palm Award as the consulting producer for the documentary Women on the Edge: The Mexican Immigrant Experience.[13]

The American Swiss Foundation, the National Committee on US-China Relations' Young Leaders Forum, the Council for the US and Italy, and the British-American Project have all recognized Babcock-Lumish as a young leader.[14]

Published works

In this publication, Babcock-Lumish coined the term "trust network sclerosis," describing the phenomenon in which excessive reliance on trustworthiness results in a form of decision-making lock-in.

  • Pricing the Economic Landscape: Global Financial Markets and the Communities and Institutions of Risk Management, ('Political Economies of Landscape'; 2008; ISBN 9781402058493).]

Media appearances

Babcock-Lumish appeared on NBC's TODAY Show in 2014 in a segment titled Cadets, chefs break down barriers,[15]

References

  1. 1 2 3 4 "DisplayBio.aspx".
  2. ↑ "Terry Babcock-Lumish (DC 1997) | Engage with CMU". www.cmu.edu. 2025-07-22. Retrieved 2026-06-25.
  3. ↑ "Terry Babcock-Lumish (DC 1997) | Engage with CMU". www.cmu.edu. 2025-07-22. Retrieved 2026-06-25.
  4. ↑ "Obituary: Robert M. Lumish / Chief of Infectious Diseases at UPMC Mercy Hospital". Pittsburgh Post-Gazette. Retrieved 2015-12-13.
  5. ↑ "Former Fellows | The Rothermere American Institute". www.rai.ox.ac.uk. Archived from the original on 2015-12-22. Retrieved 2015-12-13.
  6. ↑ "Terry Babcock-Lumish". www.shesource.org. Retrieved 2015-12-13.
  7. ↑ "Terry Babcock-Lumish". IMDb. Retrieved 2015-12-13.
  8. ↑ "Terry Babcock-Lumish". Revisiting The Great Society: the Role of Government from FDR and LBJ to Today. 2012-03-13. Retrieved 2015-12-13.
  9. ↑ "Staff | The Harry S. Truman Scholarship Foundation". www.truman.gov. Retrieved 2026-06-25.
  10. 1 2 "Elmer B. Staats Award | The Harry S. Truman Scholarship Foundation". www.truman.gov. Archived from the original on 2015-10-29. Retrieved 2015-12-13.
  11. ↑ "Terry Babcock-Lumish (DC 1997) | Engage with CMU". www.cmu.edu. 2025-07-22. Retrieved 2026-06-25.
  12. ↑ "Archived copy" (PDF). Archived from the original (PDF) on 2015-09-07. Retrieved 2015-12-13.{{cite web}}: CS1 maint: archived copy as title (link)
  13. ↑ "Mexico International Film Festival | Mexico Film Festivals - 2010 Winners". www.mexicofilmfestival.com. Archived from the original on 2013-12-10. Retrieved 2015-12-13.
  14. ↑ Oxford, University of. "Clarendon Fund Scholarships". www.clarendon.ox.ac.uk. Archived from the original on 2015-12-22. Retrieved 2015-12-13.
  15. ↑ "Cadets, chefs break down barriers". TODAY.com. 2014-07-06. Retrieved 2015-12-13.
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