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Current Positions

Director, Introductory Economics Center, Stanford University
Raymond Professor of Economics, Stanford University
Senior Fellow, Hoover Institution
Research Associate, National Bureau of Economic Research
Member, Committee on Economic Education, American Economic Association
Member, Congressional Budget Office's Panel of Economic Advisers
Member, Governor Pete Wilson's Council of Economic Advisers
Member, Board of Trustees, Dodge and Cox Mutual Funds
Chair, Stanford University Committee on Undergraduate Studies

Previous Positions

Director, Center for Economic Policy Research, Stanford University, 1994-97
Senior Economic Advisor to Robert Dole during 1996 election
Member, President Bush's Council of Economic Advisers, 1989-91
Member, Executive Committee, American Economic Association, 1992-95
Senior Member, U.S. Delegation, Uruguay Round & Japan Trade talks 1989-91
Senior Staff Economist, President Ford's Council of Economic Advisers, 1976
Economic Consultant, Townsend-Greenspan, 1977-81
Chair, Committee 2000, Palo Alto School District, California, 1987-88
Professor of Economics and Public Affairs, Princeton University, 1980-84
Professor of Economics, Columbia University, 1973-80
Officer, United States Navy, 1969-70

Education

B.A., summa cum laude, Princeton University, 1968
Ph.D., Stanford University, 1973

Awards

Awarded Rhoades Prize for excellence in introductory economics teaching at Stanford, 1997
Rated as one of the Top 10 teachers at Stanford by the Stanford Review, 1994-97
Elected Fellow of the National Academy of Arts and Sciences, 1993
Awarded Hoagland Prize for excellence in undergraduate teaching at Stanford, 1992
Guggenheim Fellowship, 1983
Distinguished Naval Graduate, Officer Candidate School, Newport, 1969
Balleisen Prize for the best senior thesis in economics, Princeton, 1968

Recent Books and Articles

Economics, 2nd edition, Houghton-Mifflin, Boston, 1998
Macroeconomic Policy in a World Economy, W.W. Norton, New York, 1993
Macroeconomics, 5th edition, W.W. Norton, New York, 1997
"Policy Rules as a Means to a More Effective Monetary Policy," in Towards a More Effective Monetary Policy, Macmillan, 1997
"A Core of Practical Macroeconomics," in American Economic Review, May 1997
"How Should Monetary Policy Respond to Shocks while Maintaining Long Run Price Stability," Federal Reserve Bank of Kansas City, 1996

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