Michael J. Boskin is the Tully M. Friedman Professor of Economics and Senior
Fellow, Hoover Institution. He is also Research Associate, National Bureau of Economic
Research. He served as Chairman of President George H.W. Bush’s Council of Economic
Advisers (CEA) from 1989 to 1993, when he helped resolve the Third World Debt and
Saving and Loan financial crises, expand regional and global trade and place the first
effective controls on government spending while protecting the defense budget. His CEA
was rated by the Council for Excellence in Government as one of the five most respected
agencies in the federal government. Earlier, on Presidential Candidate Reagan’s Tax Policy
Task Force, he helped develop the policies that substantially lowered marginal tax rates,
indexed tax brackets for inflation, accelerated depreciation, and created IRAs and 401ks,
the economic rationale for which was predicated on his research on the effects of taxes on
saving. He later chaired the highly influential blue-ribbon Commission on the Consumer
Price Index, whose report has transformed the way government statistical agencies around
the world measure inflation, GDP and productivity.
Dr. Boskin advises governments and businesses globally. He also serves on several
corporate and philanthropic boards. He is frequently sought as a public speaker on the
economic outlook and evolving trends significant to business, national and international
economic policy and the intersection of economics and geopolitics. He writes regularly on
economic policy in the Wall Street Journal and on global economics in a bi-monthly column
syndicated in 145 countries.
Dr. Boskin received his B.A. with highest honors and the Chancellor’s award as
outstanding undergraduate from the University of California, Berkeley, where he also
received his M.A. and his Ph.D., all in economics. In addition to Stanford, he has taught at
Harvard and Yale. Author of more than one hundred fifty books and articles, he is
internationally recognized for his research on world economic growth, tax and budget
theory and policy, Social Security, U.S. saving and consumption patterns, and the
implications of changing technology and demography on capital, labor and product
markets. His current research focuses on the effects of public policies on economic growth
and income distribution. Recent publications include Defense Budgeting for a Safer World
and American Federalism Today. He is working with colleagues on a book on California.
Dr. Boskin has received numerous professional awards and citations, including
Stanford’s Distinguished Teaching Award, the National Association of Business Economists’
Abramson Award for outstanding research and their Distinguished Fellow Award, the
Medal of the President of the Italian Republic for his contributions to global economic
understanding, and the Adam Smith Prize for outstanding contributions to economics.