I like to advise students that of the three requirements for happiness - something to look forward to, someone to be with, and something you like to do - I can help them with the "like to do" choices based on experience. Since college I have been a highway department engineer, a high school coach and commandant of cadets, an army artillery officer, a banker, a research director, a dean, a teacher, and a writer. Students need to know that it is okay to change majors or change careers until they find what they most like to do.
Education
- Ph.D., University of Virginia
- B.S., Virginia Miitary Institute
Selected Publications
- The Federal Reserve and the Bull Markets:From Benjamin Strong to Alan Greenspan (with John Huston), Edwin Mellen Press, Lewiston, New York, 2006.
- “Federal Reserve Policy and the Natural Rate of Unemployment,” (with John Huston), International Journal of Economic Issues, Vol. 1, No.1, June 2008.
- “Speculative Excess and the Federal Reserve’s Response,” Studies in Economics and Finance, No. 1, 2009 (with John Huston).
- Influential Macromonetary Publications and Economists,” The American Economist, Vol. 53 No.2 (Fall 2009), with John Huston and R. Branyan.
- “The Taylor Rule and Volatile Economic Conditions,” with J. Huston and D. Walz, International Journal of Economic Issues, January-June, 2012.
- “The Evolution of Federal Reserve Transparency Under Greenspan and Bernanke,” with J. Huston and E. Hsie, Eastern Economic Journal, 38, 2012.
- “A New Fable: Lost Frank Baum?” Posted on website of Economist Yoram Bauman (non-refereed).
- “Are U.S. Equities Undervalued? New Evidence From a Federal Reserve Model.” Seeking Alpha (Finance website), with J. Huston.
- “Monetary Policy Effectiveness and The Housing Market,” with J. Huston, Studies in Economics and Finance, Vol. 3, No. 3, 2013.
- “Comparative Housing Market Trends: A Tale of 3 Bubbles,” with J. Huston, Seeking Alpha (Finance website), August 14, 2013.
- “Housing and Behavioral Factors,” with J. Huston, Applied Economics Letters, Vol. 21, No. 3, 2014.
- Lives of the Laureates, 6th Edition, 2014, MIT Press, Editor (with David Macpherson).
- “The Wealth Effects of Quantitative Easing,” with John Huston, Atlantic Economic Journal, Vol. 44, Issue 4, December 2016.
- “Quantitative Easing and Asset Bubbles,” with John Huston, Applied Economics Letters, Volume 25, No. 6, 2018
- “Using Network Centrality to Inform our View of Nobel Economists,” with John Huston, Eastern Economic Journal 44(4), 2018.
- Review of The Nobel Factor: the Prize in Economics, Social Democracy and the Market Turn, The Journal of the History of Economic Thought, March 2019.
- Lives of the Laureates, 7th Edition, Editor (With David Macpherson), MIT Press, Forthcoming.
Subjects Taught
- The American Corporation
- Intermediate Macroeconomics
- Principles of Macroeconomics
- Principles of Microeconomics