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 is Professor of Economics and Chairman of the Gailliot Center for Public Policy at the Tepper School of Business, Carnegie Mellon University. He holds an M.A. and a Ph.D. in economics from Brown University and a B.S. in mathematics from Union College. He was Senior Vice President and Policy Advisor at the Federal Reserve Bank of Richmond from 1993 to 2005 where he regularly attended meetings of the Federal Open Market Committee in Washington, D.C. In 1984-5 he served as a senior staff economist for the President’s Council of Economic Advisors at the White House. He was a visiting professor of business economics at the Graduate School of Business of the University of Chicago from September 1988 to June 1990. He has been a visiting scholar at the Board of Governors of the Federal Reserve System, the European Central Bank, the Institute for International Economic Studies at the University of Stockholm, the International Monetary Fund, the Swiss National Bank, and the Federal Reserve Banks of Atlanta, Cleveland, Kansas City, and New York. He served on external review panels to evaluate research and policy advice at the European Central Bank, Norges Bank, the Swedish Riksbank, and the Swiss National Bank. Dr. Goodfriend has served on the editorial boards of the Carnegie-Rochester Conference Series on Public Policy, the Journal of Money, Credit, and Banking, the International Journal of Central Banking, and the Journal of Monetary Economics. He is a member of the Economic Advisory Panel of the Federal Reserve Bank of New York, and a Research Associate of the National Bureau of Economic Research. His research and teaching interests are in macroeconomics, monetary policy, money and banking, international trade and finance, and economic development.

Gregory D. Hess
Gregory D. Hess, the James G. Boswell Professor of Economics and George R. Roberts Fellow, is currently the Dean of Faculty and Vice President for Academic Affairs at Claremont McKenna College. Hess is a graduate of the University of California, Davis, and earned master’s and doctorate degrees at The Johns Hopkins University. Prior to CMC, he was 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.