RICHARD P. ADELSTEIN S.B., M.I.T.; M.A.T., Harvard; J.D. & Ph.D., University of Pennsylvania. Admitted to Connecticut Bar, May 1978. Faculty Affiliate, Center for American Political Studies, Department of Government, Harvard University, 2003-04. Book Review Editor, Constitutional Political Economy, 1997-2001. Member, School of Social Science, Institute for Advanced Study, Princeton, NJ, 1994-95. Winner of the first Wesleyan University Award for Excellence in Teaching, 1993. Fulbright Senior Research Professor in Economic History, University of Munich, 1986-87. Visiting Fellow, Centre for Socio-Legal Studies, Wolfson College, Oxford, 1979-80. Visiting Fellow, Institution for Social and Policy Studies, Yale University, 1976-78.<o:p</o:p SELECTED PUBLICATIONS: "An Economic Model of Fair Use," with Thomas J. Miceli, Information Economics and Policy 2006; "Knowledge and Power in the Mechanical Firm: Planning for Profit in Austrian Perspective," Review of Austrian Economics 2005; "Equity and Efficiency in Markets for Ideas," Connecticut Journal of International Law 2002; "Toward a Comparative Economics of Plea Bargaining," with Thomas J. Miceli, European Journal of Law and Economics 2001; "Victims as Cost Bearers," Buffalo Criminal Law Review 1999; "Language Orders," Constitutional Political Economy 1996; "Charles E. Lindblom," in W. J. Samuels, ed., New Horizons in Economic Thought 1992. "`The Nation as an Economic Unit': Keynes, Roosevelt, and the Managerial Ideal," J. of Am. History 1991; "`Islands of Conscious Power': Louis D. Brandeis and the Modern Corporation," Business History Review 1989; "Mind and Hand: Economics and Engineering at M.I.T.," in W.J. Barber, ed., Breaking the Academic Mould 1988; The Negotiated Guilty Plea: An Economic and Empirical Analysis, Univ. of Pennsylvania 1975 (Published by the Garland Publishing Company in their series "Outstanding Dissertations in Economics," 1984).

  JOHN P. BONIN B.A., Boston College; M.A. and Ph.D., University of Rochester. Chester D. Hubbard Professor of Economics and the Social Sciences. Editor, Journal of Comparative Economics; Faculty Affiliate and Research Fellow, The Centre for Euro-Asian Studies at the University of Reading; Research Fellow, William Davidson Institute of the University of Michigan Business School. SELECTED PUBLICATIONS: "Bank Performance, Efficiency, and Ownership in Transition Countries," with Iftekhar Hasan and Paul Wachtel, Journal of Business and Finance 2005; "Banking in the Balkans: The Structure of Banking Sectors in Southeast Europe," Economic Systems 2004; "Foreign Entry into Chinese Banking: Does WTO Membership Threaten Domestic Banks?" with Yiping Huang, World Economy 2002; Banking in Transition Economies: Developing Market Oriented Banking Sectors in Eastern Europe, with Kálmán Mizsei, István Székely, and Paul Wachtel, Edward Elgar 1998; "Polish Bank Consolidation and Foreign Competition: Creating a Market-Oriented Banking Sector," with Bozena Leven, Journal of Comparative Economics 1996; "Theoretical and Empirical Studies of Producer Cooperatives: Will Ever the Twain Meet?" with Derek Jones and Louis Putterman, Journal of Economic Literature 1993; "Incentives and Monitoring with Labor-Proportionate Sharing Schemes," with Louis Putterman, Journal of Comparative Economics, 1993; "Controlling a Risk-Averse, Effort-Selecting Manager in the Soviet Incentive Model," with Wataru Fukuda, Journal of Comparative Economics 1987; "Membership and Employment in an Egalitarian Cooperative," Economica 1984; "On the Design of Managerial Incentives Structures in a Decentralized Planning Environment," American Economic Review 1976.

 RICHARD S. GROSSMAN  A.B., Harvard University; M.Sc.Econ., London School of Economics and Political Science, University of London; A.M. and Ph.D., Harvard University.  Visiting Scholar, Institute for Quantitative Social Sciences, Harvard University, 2003-present. Editorial Boards, Explorations in Economic History (2003-present), Journal of Economic History (2001-04). Principal Investigator, National Science Foundation Grants: "The Pre-World War I Stock Market and British Industrial Decline" (1995-99), “The Economics and Politics of Banking Regulation in the Industrialized World, 1850-2000: A Pilot Study on Germany" (2004-07).  German Marshall Fund of the United States Research Fellowships (1993-94, 2005-06).  Visiting Professor, Hebrew University of Jerusalem (1994), Visiting Assistant Professor of Economics, Yale University (1993), Visiting Economist, U.S. Department of State (1988-90).  SELECTED PUBLICATIONS: “Fear and Greed: The Evolution of Double Liability in American Banking, 1865-1930,” Explorations in Economic History, 2007; “Other People’s Money: The Evolution of Bank Capital in the Industrialized World,” in The New Comparative Economic History: Essays in Honor of Jeffrey G. Williamson, 2007; “The Cross Section of Asset Returns Before World War I” (with Stephen Shore), Journal of Financial and Quantitative Analysis, 2006;  “Paying for Privilege: The Political Economy of Bank of England Charters, 1694-1843” (with Lawrence Broz), Explorations in Economic History 2004; "New Indices of British Equity Prices, 1870-1913," Journal of Economic History 2002; "Double Liability and Bank Risk-Taking," Journal of Money, Credit, and Banking 2001; "Who Needs Glass-Steagall?  Evidence from Israel's Bank Shares Crisis and the Great Depression," with Asher Blass, Contemporary Economic Policy 1998; "The Shoe that Didn't Drop: Explaining Banking Stability During the Great Depression," Journal of Economic History 1994; "Deposit Insurance, Regulation, and Moral Hazard in the Thrift Industry: Evidence from the 1930s," American Economic Review 1992.

  MICHAEL S. HANSON B.A., University of Pennsylvania; B.S.E. Wharton School, University of Pennsylvania; M.S. New York University; M.A., and Ph D University of Michigan; Visiting Scholar, Federal Reserve Bank of New York, 2003-04. PUBLICATIONS: “Varying Monetary Policy Regimes: A Vector Autoregressive Investigation,” Journal of Economics and Business, 2006; "The Price Puzzle Reconsidered,” Journal of Monetary Economics, 2004.

  CHRISTIAAN P. HOGENDORN  B.A., Swarthmore; Ph.D. Wharton School, University of Pennsylvania. Sloan Industry Center Fellowship, Columbia Institute for Tele-Information, 2004-05. NET Institute summer research grant, 2003. Adjunct Assistant Professor, Public Policy and Management Department, Wharton School, University of Pennsylvania 2000-2001. Member of technical staff, Bell Laboratories 1999-2001.  SELECTED PUBLICATIONS: "Tacit Collusion in Capacity Investment: The Role of Capacity Exchanges," B.E. Journal of Theoretical Economics 2007; "Regulating Vertical Integration in Broadband: Open Access versus Common Carriage," Review of Network Economics 2005; "Collusive Long-Run Investments Under Transmission Price Caps," Journal of Regulatory Economics 2003; "The Market Structure of Broadband Telecommunications," with Gerald Faulhaber, Journal of Industrial Economics 2000.

  ABIGAIL HORNSTEIN A.B., Bryn Mawr; M.Phil., and Ph.D. Stern School, New York University. RESEARCH IN PROGRESS:  "Multinationals do it better: Evidence on capital budgeting decisions", "Do corporate expenditures reflect information sharing? Multi-unit firms, inter-unit coordination, and corporate capital budgeting decisions", "Corporate capital budgeting decisions and corporate governance"

 MASAMI IMAI B.A., University of Wisconsin-Eau Claire; M.A., and Ph.D. University of California-Davis.  Visiting Scholar, World Bank, 2005.  SELECTED PUBLICATIONS: “Market Discipline and Deposit Insurance Reform in Japan,” Journal of Banking and Finance 2006; “Mixing Family Business with Politics in Thailand,” Asian Economic Journal 2006; “Emergence of Market Monitoring in Japanese Banks: Evidence from Subordinated Debt Market,” Journal of Banking and Finance 2007; “Soft Related Lending: a Tale of Two Korean Banks,” with John Bonin, Journal of Banking and Finance 2007;        “The Evolution of a National Banking Market in Pre-War Japan,” with Richard Grossman, Explorations in Economic History (forthcoming).

  JOYCE P. JACOBSEN A.B., Harvard; M.Sc., London School of Economics; Ph.D., Stanford. Andrews Professor of Economics. Co-editor, Eastern Economic Journal, 2005-.  Associate Editor, Feminist Economics, 2004--.  Editorial Board, Social Science Quarterly, 1997-. Consultant, World Bank, 2002-04. Visiting Professor of Economics and Jantina Tammes Chair in Gender Studies, University of Groningen, 2002. Visiting Asst. Prof. of Economics and Women’s Studies, Northwestern, 1991. Visiting Asst. Prof. of Economics, Harvard, Summers 1989, 1992, 1994. Asst. Prof. of Economics and Business Admin., Rhodes College, 1988-93. SELECTED PUBLICATIONS: The Economics of Gender, Third Edition, Blackwell, 2007; "A Human Capital-Based Theory of Postmarital Residence Rules," with Matthew Baker Wes '90, Journal of Law, Economics, and Organization, 2007; “Timing Constraints and the Allocation of Time: The Effects of Changing Shopping Hours Regulations in the Netherlands,” with Peter Kooreman,

European Economic Review, 2005; Labor Markets and Employment Relationships, with Gilbert Skillman, Blackwell, 2004; "Exploring the Relationship between Price and Quality for Hand-Rolled Cigars," with David Freccia Wes '98 and Peter Kilby, Quarterly Review of Economics and Finance

2003; "The Rate of Return on Investment in Wine," with Ben Burton, Wes '98, Economic Inquiry 2001; "The Effects of Child-Bearing on Married Women’s Labor Supply and Earnings: Using Twin Births as a Natural Experiment," with James Pearce, Wes '98, and Joshua Rosenbloom, Journal of Human Resources 1999; "Do Men Whose Wives Work Really Earn Less?" with Wendy Rayack, American Economic Review 1996; "Effects of Intermittent Labor Force Attachment on Women’s Earnings," with Larry Levin, Monthly Labor Review 1995; "Trends in Work Force Sex Segregation 1960-1990," Social Science Quarterly 1994; "Employee Response to Compulsory Short-Time Work," with Victor Fuchs, Industrial Relations 1991.

  PETER KILBY B.A., Harvard; M.A., Johns Hopkins; D.Phil., Oxford. Editorial Board, Journal of Entrepreneurship 1991-, World Development 1990-, Small Enterprise Development 1990-. Guggenheim Fellowship 1995-96. Fellow, Smithsonian, Woodrow Wilson Center, 1986-87. Visiting Professor, Michigan State University, 1980-81. Member Ciskei Commission, Republic of South Africa, 1979-80. Senior Advisor ILO, Geneva, 1975-76. Senior Fellow at East West Centre 1973. Consultant to the ILO, FAO, AID, and the World Bank. Fulbright Research Fellow at Nigeria. SELECTED PUBLICATIONS: "The Heffalump Revisited," Journal of International Entrepreneurship 2003; "Exploring the Relationship between Price and Quality for Hand-Rolled Cigars," with David Freccia Wes '98 and Joyce Jacobsen, Quarterly Review of Economics and Finance 2003; Transforming Agrarian Economies, Cornell University Press, with Tomich and Johnston, 1995; editor, Quantity and Quiddity, Wesleyan University Press, 1987; Industrialization in an Open Economy, Cambridge Univ. Press 1969; "Small-Scale Manufacturing in Kenya," MSU Rural Development Working Paper, 1982; also in World Bank, Kenya: Growth and Structural Change 1983; Agriculture and Structural Transformation, with B. Johnston, Oxford University Press 1975; editor,  Entrepreneurship and Economic Development, Free Press 1971;  "Organization and Productivity in Backward Economies," Quarterly Journal of Economics 1962; "African Labour Productivity Reconsidered," Economic Journal 1961.

  WENDY L. RAYACK B.A., Oberlin College;  M.A., University of Wisconsin, Madison; Ph.D., University of Wisconsin, Madison.  Participant, Mellon-8 Workshop “The Future of Statistics Consultation, Training and Curriculum across the Liberal Arts College,” 2007.   Participant, Association for Public Policy Analysis and Management Conference, “Tax and Spend:  Designing, Implementing, Managing and Evaluating Effective Redistributional Policies,” 2006.   Recipient, Pedagogical Grant, “Mastering New Technologies to Support Upper-Level Students,” 2006.   Visiting Associate Professor, Yale University, Economics Department, Spring 2002.   Visiting Position, Yale University, School of Organization & Management, Spring 1993.   Recipient of Ford Foundation Grant for Multicultural Perspectives in the Curriculum, 1991.   Dana Fellow at Yale University, Fall 1991.   Visiting Fellow, at Yale University, Spring 1986.   Researcher, “Section-8 Low-Income Housing,” Institute for Research on Poverty, Madison, Wisconsin 1980.   Recipient of Fellowship Award for Research in Employment and Training, U.S. Department of Labor, 1981.  Research position, Macroeconomic Analysis Division, U.S. Senate Committee on the Budget, U.S. House of Representatives, 1976-78.   Internship, Budget Analysis Division, Congressional Budget Office, summer, 1976.  SELECTED PUBLICATIONS: "Do Men Whose Wives Work Really Earn Less?" with J. Jacobsen, American Economic Review 1996;   "Fixed and Flexible Nominal Wages: Evidence from Panel Data," Industrial and Labor Relations Review 1991;   "False Fears of Wage-led Inflation,"  Economic Policy Institute Briefing Paper, Economic Policy Institute, Washington, D.C. 1988, also printed in Challenge:  The Magazine of Economic Affairs, 1988, and printed in Annual Editions: Macroeconomics 90/91, Dushkin Publishing Group, 1990;   "The Impact of Recessions on Two-Parent Families: An Analysis of Earnings-Sensitivity by Family Income Class," Public Finance Quarterly 1988;   "Sources and Centers of Cyclical Movement in Real Wages: Evidence from Panel Data," Journal of Post Keynesian Economics 1987.   “Chronology of Major Fiscal and Monetary Policies, 1960-1977,” U.S. Senate Budget Committee Print, Committee on the Budget, U.S. House of Representatives, 1978. 

  FRANCISCO R. RODRIGUEZ Economista, Universidad Católica Andrés Bello; M.A. and Ph.D., Harvard University. Economic Affairs Officer, Department of Economic and Social Affairs, United Nations, 2005.  VIsiting Fellow, Helen Kellogg Institute for International Studies, University of Notre Dame, 2005. Associate Professor, Instituto de Estudios Superiores de Administración, 2004-05. Chief Economist, Economic and Financial Advisory Office to the National Assembly of Venezuela, 2000-04. Assistant Professor, University of Maryland, 1998-2000. SELECTED PUBLICATIONS: "The Political Economy of Investment in Human Capital," with Jose Pineda, Economics of Governance 2006; "Inequality, Redistribution and Rent-Seeking," Economics and Politics 2004; "Trade Policy and Economic Growth: A Skeptic's Guide to the Cross-National Evidence," with Dani Rodrik, 2000 NBER Macroeconomics Annual; "Why Do Resource-Abundant Economies Grow more Slowly?" with Jeffrey Sachs, Journal of Economic Growth 1999; "Does Distributional Skewness Lead to Redistribution? Evidence from the United States," Economics and Politics 1999.

 TANYA SOLIE ROSENBLAT B.A., Northwestern University; M.A. and Ph.D., Massachusetts Institute of Technology. Visiting Member, Institute for Advanced Study, 2005-06. Visiting Scholar, Center for Behavioral economics and Decision-Making, Federal Reserve Bank of Boston, 2006-. Visiting Scholar, Institute for Quantitative Social Science, Harvard University, 2005-. Visiting Scholar, Center for Basic Research in the Social Sciences, Harvard University, 2003-. Visiting Scholar, National Bureau of Economic Research, 2003. Principal Investigator, "Trust and Social Networks," Russell Sage Foundation Grant 2003. PUBLICATIONS: “Why Beauty Matters,” with Markus Mobius, American Economic Review, 2006; “Getting Closer or Drifting Apart," with Markus Mobius, Quarterly Journal of Economics 1994; “Cooperation and Indirect Exchange: An Experimental Investigation,” with Benjamin Landis, Markus Mobius, and Ethan Scherer, Proceedings of the 2002 North American Summer Meetings of the Econometric Society.

  CAMERON A. SHELTON A.B. and B.S., Stanford University; Ph.D., Stanford University. Postdoctoral Fellow, International Policy Studies, Stanford University, 2005-06.PUBLICATIONS: "The Size and Composition of Government Expenditure”, Journal of Public Economics, forthcoming.  RESEARCH IN PROGRESS: “Electoral Surprise and the Economy;” “Why is There So Little Tactical Redistribution?” “The Aging Population and the Size of the Welfare State: Is There a Puzzle?”

GILBERT L. SKILLMAN B.A., University of Kentucky; M.A. and Ph.D., University of Michigan. Co-Editor, Eastern Economic Journal; Editorial Board, Review of Radical Political Economics 1992-94, 1995-, Journal of Comparative Economics 2000-03. Visiting Fellow, Swedish Collegium for Advanced Study in the Social Sciences, Fall 1992. Assistant Professor, Brown University, 1984-1993. Visiting Assistant Professor, Wesleyan University, 1988-1990. SELECTED PUBLICATIONS: “Value Theory vs. History in Marx’s Account of Capitalist Exploitation,” Science & Society 2007; Collective Choice and Control Rights in Firms (with Gregory Dow), Journal of Public Economic Theory 2007; Labor Markets and Employment Relationships (with Joyce Jacobsen), Blackwell 2004; "Marx's Value-Theoretic Account of Capitalist Exploitation: Non Sequitur or Tautology?" Science & Society 1999; "Technical Change and the Equilibrium Profit Rate in a Market with Sequential Bargaining," Metroeconomica 1997; "Marxian Value Theory and the Labor-Labor Power Distinction," Science & Society 1996-7; "Ne Hic Saltaveris: The Marxian Theory of Exploitation after Roemer," Economics and Philosophy 1995, reprinted in Kai Nielsen and Robert Ware, eds, Exploitation, Humanities Press 1997; "Collectivization and China's Agricultural Crisis" (with Louis Putterman), Journal of Comparative Economics 1993; "Wage Bargaining and the Choice of Production Technique in Capitalist Firms" (with Harl E. Ryder), Microfoundations of Political Economy: Problems of Participation, Accountability, and Efficiency, 1993; "The Role of Exit Costs in the Theory of Cooperative Teams" (with Louis Putterman), Journal of Comparative Economics 1992.

  GARY W. YOHE is the Woodhouse/Sysco Professor of Economics at Wesleyan University.  He was educated at the University of Pennsylvania, and received his PhD in Economics from Yale University in 1975.  Most of his work has focused attention on both the mitigation and adaptation/impacts sides of the climate issue.  It has lead him to visualize both policies as tools with which to try to manage the risk of climate change in an uncertain world; noteworthy in this effort are “To hedge or not against an uncertainty climate future” that appeared in Science in 2004 and “A globally coherent fingerprint of climate change impacts across natural systems” that appeared in Nature in 2003.  He served as a Lead Author for four different chapters in the Third Assessment Report of the Intergovernmental Panel on Climate Change that was published in 2001.  More recently, Dr. Yohe served as Convening Lead Author for one chapter in the Response Options Technical Volume of the Millennium Ecosystem Assessment; it focused on uncertainty and the evaluation of response options.  He also served as Convening Lead Author for the last chapter of the contribution of Working Group II to the Fourth Assessment Report of the Intergovernmental Panel on Climate Change and on the Core Writing Team for the Synthesis Report; there, the focus is on bringing perspectives of sustainable development to the discussion of adaptation and mitigation in the face of climate-induced risk.  Dr. Yohe also recently served as one of five editors of Avoiding Dangerous Climate Change, and he testified before the Senate Foreign Relations Committee on the “Hidden (climate change) Cost of Oil” on March 30, 2006 and to the Senate Energy Committee on the Stern Review on February 14, 2007.

   
 EMERITI
 
 WILLIAM J. BARBER B.A., Harvard; D.Phil., Oxford. Andrews Professor of Economics Emeritus. Editorial Board, Journal of the History of Economic Thought 1990-96, History of Political Economy 1985-89, World Development 1972-93. President, History of Economics Society, 1989-1990. Acting President, Wesleyan University, Aug.-Oct., 1988. American Secretary of the Rhodes Trust, 1970-80. SELECTED PUBLICATIONS: Gunnar Myrdal: An Intellectual Biography, Palgrave Macmillan 2007; "Economists and Professional Organizations in Pre-World War I America," in The Spread of Political Economy and the Professionalization of Economists, Marco Guidi and Massimo M. Augello eds., Routledge 2001; "Sweet are the Uses of Adversity: Federal Patronage of the Arts in the Great Depression," and "International Commerce in the Fine Arts and American Political Economy, 1789-1913," in Economic Engagements with Art, Craufurd D. Goodwin and Neil De Marchi eds., Duke University 1999; General Editor, The Works of Irving Fisher; 14 Vols., Pickering and Chatto 1997; Designs Within Disorder: Franklin D. Roosevelt, the Economists, and the Shaping of American Economic Policy, 1933-1945, Cambridge University Press 1996; Perspectives on the History of Economic Thought, Volume V: Themes in Pre-Classical, Classical, and Marxian Economics, and Volume VI: Themes in Keynesian Criticism and Supplementary Modern Topics, editor, Edward Elgar 1991; Breaking the Academic Mould: Economists and American Higher Learning in the Nineteenth Century, editor and principal author, Wesleyan University Press 1988; From New Era to New Deal: Herbert Hoover, the Economists, and American Economic Policy, 1921-1933, Cambridge University Press 1985; British Economic Thought and India, 1600-1858: A Study in the History of Development Economics, Clarendon Press 1975; A History of Economic Thought, Penguin and Praeger, 1967, 11th Printing 1988; Asian Drama: An Inquiry into the Poverty of Nations, Twentieth Century Fund, 1968; with Gunnar Myrdal and others; The Economy of British Central Africa: A Case Study of Economic Development in a Dualistic Society, Oxford University Press and Stanford University Press 1961.

 STANLEY LEBERGOTT B.A. and M.A., University of Michigan. University Professor Emeritus. Fellow, American Statistical Association. President, Economic History Association. Editorial Board, American Economic Review. Center for Advanced Study, Stanford 1980-81. Institute for Advanced Study, Princeton, 1973-74. U.S. Bureau of the Budget, 1940-62.  SELECTED PUBLICATIONS: Consumer Expenditures: New Measures and Old Motives, Princeton 1996; Pursuing Happiness: American Consumers in the Twentieth Century, Princeton 1993; "The Demand for Land in the U.S. 1820-1860," Journal of Economic History 1985; The Americans: An Economic Record, 1984; "Why the South Lost: Commercial Purpose in the Confederacy, 1861-1865," Journal of American History 1983; Wealth and Want, 1976; "Migration Within the U.S., 1800-1960: Some New Estimates," Journal of Economic History 1970; "U.S. Transport Advance and Externalities," Journal of Economic History 1966; Manpower in Economic Growth, 1964; "Measurement for Economic Models," Journal of the American Statistical Association 1954.

 MICHAEL C. LOVELL B.A., Reed College; M.A., Stanford University; Ph.D., Harvard University. Chester D. Hubbard Professor of Economics Emeritus. Econometric Society Fellow. President, International Society for Inventory Research, 1992-94. Service on Editorial Boards of Econometrica, Review of Economic Studies, Review of Economics and Statistics, The Journal of Economic and Business, Journal of the Amer. Stat. Association, Journal of Econ. Behavior and Organization, and Social Science Computer Review. Visiting Professor, Yale School of Organization and Management, 1981-82, 1986, 1988. Senior Advisor of Brookings Panel on Economic Activity, 1974-90. Professor of Economics at Carnegie Mellon University, 1963-69. Assistant Professor, Yale University (Cowles Foundation) 1958-63. Board of Directors: NEED, l968‑69. Dwelling House Building and Loan Association, l969‑70. SELECTED PUBLICATIONS: “A Simple Proof of the Frisch-Waugh-Lovell Theorem,” Journal of Economic Education, forthcoming;  Economics with Calculus, Singapore: World Scientific 2004; "Optimal Lot Size, Prices and Inventories Under Monopolistic Competition," International Journal of Production Economics 2003; “Inequality Within and Among Nations,” Journal of Income Distribution 1998; "Economic Discomfort and Consumer Sentiment," with Pao-Lin Tien, Eastern Economic Journal 2000; "Inequality Within and Among Nations," Journal of Income Distribution 1998; "Researching Inventories; Why Haven’t We Learned More," International Journal of Production Economics 1994; "Simulating the Inventory Cycle," Journal of Economic Behavior and Organization 1993; "Sponsoring Public Goods - The Case of CAI on the PC," Journal of Economic Education 1991; “The Pension Subsidy of Educational Inequality” (with Cheryl  Duncan), Economics of Education Review 1989; Econolab  National Collegiate Software Clearing House, Duke University Press 1987; "Tests of the Rational Expectations Hypothesis," American Economic Review 1986; "Data Mining," Review of Economics and Statistics 1983; "Spending for Education: The Exercise of Public Choice," Review of Economics and Statistics 1978; "The Production of Economic Literature: An Interpretation," Journal of Economic Literature 1973; “Product Differentiation and Market Structure,” Western Economic Journal, 1970; “Multiple Regression with Inequality Constraints: Pretesting Bias, Hypothesis Testing, and Efficiency,” (with Edward Prescott) Journal of the American Statistical Association l970; “A Keynesian Analysis of Forced Saving,” International Economic Review l963; “Seasonal Adjustment of Economic Time Series and Multiple Regression Analysis,” Journal of the American Statistical Association 1963; “Buffer Stocks, Sales Expectations, and Stability: A Multi-Sector Analysis of the Inventory Cycle,” Econometrica l962;“The Role of the Bank of England as Lender of Last Resort in the Crises of the l8th Century,” Explorations in Entrepreneurial History l957.

  RICHARD A. MILLER B.A., Oberlin; M.A. and Ph.D., Yale University. Woodhouse/Sysco Professor of Economics Emeritus. Editorial Board, Review of Industrial Organization 1987-90, Industrial Organization Review 1973-77. Fulbright Fellowships to New Zealand, 1986, 1988. Visiting Professor at Yale, University of Adelaide, and University of California, Berkeley. Economist, Antitrust Division, U.S. Dept. of Justice, 1973-74. National Science Foundation Fellowships, 1964-65, 1966-69. SELECTED PUBLICATIONS: "Firms’ Cost Functions: A Reconsideration," The Review of Industrial Organization 2001; "Ten Cheaper Spades: Production Theory and Cost Curves in the Short Run," The Journal of Economic Education 2000; "The Australian Merger Guidelines: A Comparison with the U.S. Merger Guidelines," with David K. Round, Review of Industrial Organization 1993; "How to Discriminate by Sex: Federal Regulation of the Insurance Industry," Connecticut Law Review 1985; "The Herfindahl-Hirschman Index as a Market Structure Variable: An Exposition for Antitrust Practitioners," The Antitrust Bulletin 1982; "Price Fixing, Price Leadership or `Ordinary Commercial Considerations:’ The Economist's Perspective on Establishing Guilt Under Section 45 of the Trade Practices Act," with David K. Round, Australian Business Law Review 1982; "Advertising and Competition: Some Neglected Aspects," Antitrust Bulletin 1972; "Marginal Concentration Ratios as Market Structure Variables" Review of Economics and Statistics 1971; "Market Structure and Industrial Performance: Relation of Profit Rates to Concentration, Advertising Intensity, and Diversity," Journal of Industrial Economics 1969; "Marginal Concentration Ratios and Industrial Profit Rates: Some Empirical Results of Oligopoly Behavior," Southern Economic Journal 1967.

    BASIL J. MOORE B.A. Toronto; Ph.D. Johns Hopkins University. Visiting Professor: Cambridge, British Columbia, Simon Fraser, Stanford, Yale, Sains Malaysia, Jawaharlal Nehru, Center for Development Studies Trivandrum, Stellenbosch, Cape Town and National University of Singapore. Economic Consultant to the U.S. Bureau of the Budget, A.I.D., Government of Morocco, and Asian Development Bank. Academic Visitor: Bank of England; Sir John Cass Fellow: City of London Polytechnic. Korea Development Institution (KDI). Editorial Board, Journal of Post Keynesian Economics. SELECTED PUBLICATIONS:  Shaking the Invisible Hand: Complexity, Endogenous Money and Exogenous Interest Rates, Edgard Elgar, forthcoming. "Does Saving Determine Investment in a Monetary Production Economy?" Review of Political Economy 1998; "Reconciliation of the Supply and Demand for Endogenous Money," Journal of Post Keynesian Economics 1997; "The Demise of the Keynesian Multiplier," Journal of Post Keynesian Economics 1994; "Money Supply Endogeneity: ‘Reserve Price Setting' or ‘Reserve Quantity Setting’?" Journal of Post Keynesian Economics 1991; "Marx, Keynes, Kalecki and Kaldor on the Rate of Interest as a Monetary Phenomenon," in Nicholas Kaldor and Mainstream Economics: Confrontation or Convergence 1991; "Effective Demand and Income Distribution: Issues in Alternative Economic Theory," Journal of Post Keynesian Economics 1991; Horizontalists and Verticalists: The Macroeconomics of Credit Money, Cambridge U. Press, 1988; An Introduction to Modern Economic Theory, 1973; An Introduction to the Theory of Finance: Assetholder Behavior Under Uncertainty, 1968.

 THOMSON M. WHITIN B.A., M.A. and Ph.D., Princeton. Chester D. Hubbard Professor of Economics Emeritus. Taught at Princeton, M.I.T., and as Professor of Economics at University of California Berkeley prior to Wesleyan. Former Chief Economist, U.S. Atomic Energy Commission. Econometric Society Fellow. Consultant to RAND, Mathematica, TEMPO, and United Research. SELECTED PUBLICATIONS: "Optimal Stockage Timing in a Dynamic Model with Full Backordering" and "Welfare Maximization and Monopoly: Counter Examples to the Classical Solution," Inventory in Theory and Practice, ed. A. Chikán, Budapest, 1986; "Planned Shortages and Price Theory," in Modelling for Government and Business, Martinius Nijhoff 1977; "The Marginalist Principle in a Discrete Production Model Under Uncertain Demand: Comment," Quarterly Journal of Economics 1974; "Optimal Plant Under Conditions of Risk," J. of Ind. Econ. 1969; "Dynamic Programming Extensions to the Theory of the Firm," J. of Ind. Econ. 1968; "Inventory Control Theory," International Encyclopedia of Social Sciences, MacMillan 1968; "The Role of Economics in Management Science," Chapter 20 in Essays in Mathematical Economics, M. Shubik (ed.), Princeton 1967; Analysis of Inventory Systems, with G. Hadley, 1963; Theory of Inventory Management, Princeton 1953.