Members

Michael D. Bordo
Michael D. Bordo is Professor of Economics and Director of the Center for Monetary and Financial History at Rutgers University, New Brunswick, New Jersey. He has held previous academic positions at the University of South Carolina and Carleton University in Ottawa, Canada. He has been a visiting Professor at the University of California Los Angeles, Carnegie Mellon University, Princeton University, Harvard University, Cambridge University where he was Pitt Professor of American History and Institutions, and a Visiting Scholar at the IMF, Federal Reserve Banks of St. Louis and Cleveland, the Federal Reserve Board of Governors the Bank of Canada, the Bank of England and the Bank for International Settlement. He also is a Research Associate of the National Bureau of Economic Research, Cambridge, Massachusetts. He has a B.A. degree from McGill University, a M.Sc.(Econ) from the London School of Economics and he received his Ph.D. at the University of Chicago in 1972. He has published many articles in leading journals and ten books in monetary economics and monetary history. He is editor of a series of books for Cambridge University Press: Studies in Macroeconomic History. Recent publications include: with with Barry Eichengreen, A Retrospective on the Bretton Woods International Monetary System, University of Chicago Press, 1993; with Claudia Goldin and Eugene White, The Defining Moment: The Great Depression and the American Economy in the Twentieth Century, University of Chicago Press, 1998; Essays on the Gold Standard and Related Regimes, Cambridge University Press, 1999; with Alan Taylor and Jeffery Williamson. Globalization in Historical Perspective. University of Chicago Press, 2003.

Charles W. Calomiris
Charles W. Calomiris is Henry Kaufman Professor of Financial Institutions at the Columbia University Graduate School of Business and a Professor at Columbia’s School of International and Public Affairs. He is a member of the Shadow Financial Regulatory Committee, the Shadow Open Market Committee, and the Financial Economists Roundtable, and a Research Associate of the National Bureau of Economic Research. Professor Calomiris was a Senior Fellow at the Council on Foreign Relations, is a member of the Task Force on Property Rights at the Hoover Institution, and the Pew Trusts Project on Financial Reform. He co-directed the Project on Financial Deregulation at the American Enterprise Institute for over a decade. Professor Calomiris served on the International Financial Institution Advisory Commission, a Congressional commission to advise the U.S. government on the reform of the IMF, the World Bank, the regional development banks, and the WTO. His research spans several areas, including banking, corporate finance, financial history, monetary economics, and economic development. He received a B.A. in economics from Yale University in 1979 and a Ph.D. in economics from Stanford University in 1985.

Marvin Goodfriend
Marvin Goodfriend holds the Friends of Allan Meltzer Professorship at Carnegie Mellon’s Tepper School of Business. Before coming to Carnegie Mellon he was Director of Research and Policy Advisor at the Federal Reserve Bank of Richmond, regularly attending meetings of the Federal Open Market Committee from 1993 to 2005. Dr. Goodfriend is a research associate of the National Bureau of Economic Research. He is a member of the Economic Advisory Panel of the Federal Reserve Bank of New York, and an Honorary Advisor of the Institute for Monetary and Economic Studies at the Bank of Japan. He is also a member of the Shadow Open Market Committee. Dr. Goodfriend is co-editor of the Carnegie Rochester Conference Series on Public Policy. He served as a senior staff economist for the President’s Council of Economic Advisors at the White House in 1984-5. Dr. Goodfriend holds a Ph.D. in economics from Brown University and a B.S. in mathematics from Union College.

Gregory D. Hess
Gregory D. Hess is the President of Wabash College, a liberal arts college for men in Crawfordsville, Indiana. Hess is a graduate of the University of California, Davis, and earned master’s and doctorate degrees at The Johns Hopkins University. Prior to Wabash, he was Boswell Professor of Economics and Dean of the Faculty at Claremont McKenna College, the Danforth-Lewis Professor of Economics at Oberlin College and a University lecturer at Cambridge University and fellow of St. John’s College. He has served as an economist at the Federal Reserve Board in Washington, D.C., and has been a visiting scholar at the Bank of Japan, the International Monetary Fund, and the Federal Reserve Banks of Cleveland, Kansas City and St. Louis. His teaching and research interests include macroeconomics, public finance, monetary policy, and political economy.

Peter Ireland
Peter Ireland is the Murray and Monti Professor of Economics at Boston College, a Research Associate at the National Bureau of Economic Research, and an Editor of the Berkeley Electronic Journal of Macroeconomics. Before joining the faculty at Boston College, Professor Ireland held positions at Rutgers University and at the Federal Reserve Bank of Richmond; he received his Ph.D. in economics from the University of Chicago in 1991. Professor Ireland’s teaching and research focus on macroeconomics and monetary economics, particularly Federal Reserve policy and its effects on the United States economy.

Mickey D. Levy
Mickey D. Levy is Chief Economist of Blenheim Capital Management, a global money manager. He analyzes and forecasts US and global economic performance and financial market behavior and conducts research on monetary and fiscal policies. Dr. Levy is an advisor to several Federal Reserve Banks and has testified before US Congressional committees on topics concerning the Federal Reserve and monetary policy, fiscal and budget policies, economic and credit conditions and the banking industry. Prior to his current position, Dr. Levy was Chief Economist of Bank of America. He has also conducted research at the American Enterprise Institute and the Congressional Budget Office.

Bennett T. McCallum
Bennett McCallum is the H.J. Heinz Professor of Economics in the Tepper School of Business (formerly the Graduate School of Industrial Administration) at Carnegie Mellon University. His other activities include those of a research associate of the National Bureau of Economic Research, a Fellow of the Econometric Society, a member of the Shadow Open Market Committee, and an Honorary Advisor to the Institute for Monetary and Economic Studies of the Bank of Japan. Professor McCallum has been a consultant to the Federal Reserve Board and a visiting scholar at the Federal Reserve Banks of Richmond and St. Louis, the International Monetary Fund, the Bank of Japan, and the Reserve Bank of New Zealand. He is the author of Monetary Economics: Theory and Policy (Macmillan, 1989) and International Monetary Economics (Oxford Univ. Press, 1996) and has published over 190 papers on a variety of topics in monetary economics, macroeconomics, and econometrics. He currently serves on the editorial boards of the Journal of Money, Credit, and Banking and Economics Letters. He is a former co-editor of the American Economic Review and since 1995 has been co-editor of the Carnegie-Rochester Conference Series on Public Policy.

Athanasios Orphanides
Athanasios Orphanides is a Professor of the Practice of Global Economics and Management at the MIT Sloan School of Management. His research interests are on central banking, finance, and political economy and he has published extensively on these topics. Dr. Orphanides served as governor of the Central Bank of Cyprus from May 2007 to May 2012. Dr. Orphanides obtained his undergraduate degrees in mathematics and economics as well as a PhD in economics from MIT.

Anna Schwartz (1915-2012)
Anna Schwartz was an economist at the National Bureau of Economic Research in New York City, and was widely recognized as one of the world’s greatest monetary scholars. She was known in part for her collaboration with Milton Friedman on A Monetary History of the United States, 1867-1960. She was a past president of the Western Economic Association and was a distinguished fellow of the American Economic Association.