Dr. William Poole, economic expert and financial scholar, and former President and CEO of the Federal Reserve Bank of St. Louis from March 1998 until he retired in March 2008, will deliver the 26th Annual Rev. Thomas J. Furphy Lecture at 7:30 p.m., Tuesday, November 10, in Billera Hall at DeSales. Poole will speak on “The Crisis After the Financial Crisis.” The public talk will be followed by an audience Q & A. (Please note: The event is open to the public free of charge, but tickets are required. For ticket reservations, please call 610-282-1100, ext. 1364.)
Earlier in his career, Poole was senior economist at the Board of Governors of the Federal Reserve System in Washington and a member of the Council of Economic Advisers in the first Reagan administration. Currently, he is the Senior Fellow at the Cato Institute, Senior Advisor to Merk Investments, and Distinguished Scholar in Residence at the University of Delaware.
Established in 1983, this year marks the 26th anniversary of the prestigious Furphy Lecture Series, which is named in memory of Father Thomas J. Furphy, O.S.F.S., 1912-1982. Rev. Furphy distinguished himself as a teacher of “National Problems,” during a career in education that spanned 38 years, and included schools in the Philadelphia, Wilmington and Allentown areas. The theme of the series is “National and International Problems.” Poole joins an illustrious group of previous speakers that includes John Cardinal O’Connor, Jeanne Kirkpatrick, William Colby, Abba Eban, Lee Iacocca, Antonin Scalia, George F. Will, Vladmir Posner, William J. Bennett, Shimon Peres, Zbiniew Brzezinski, George Mitchell, Louis Freeh, Benazir Bhutto, Gen. Barry McCaffrey, William S. Cohen, Richard Armitage, John Ashcroft, and former U.S. Senator Trent Lott.
As President and CEO of the Federal Reserve Bank of St. Louis, Poole directed the main office in St. Louis and its three branches in Little Rock, Ark., Louisville, Ky., and Memphis, Tenn., and served on the Federal Open Market Committee, the Federal Reserve’s chief monetary policymaking body.
Prior to joining the Federal Reserve in St. Louis, Poole was Herbert H. Goldberger Professor of Economics at Brown University. He served on the Brown faculty from 1974 to 1998, and the faculty of The Johns Hopkins University from 1963 to 1969. Between these two university positions, he was senior economist at the Board of Governors of the Federal Reserve System in Washington and a member of the Council of Economic Advisers in the first Reagan administration, from 1982 to 1985.
Earlier in the day, before the public talk, Poole will take part in a student discussion session in the Gerald White Pavilion of the DeSales University Center. The student-only session is not open to the public, but media is welcome to attend. (Please note: Any members of the media who wish to attend the special session should contact Penny Savakis, director of public relations at DeSales, at 610-282-1100, ext. 1477, or at Penny.Savakis@DeSales.edu.)
Poole has published numerous papers in professional journals and two books, Money and the Economy: A Monetarist View, in 1978, and Principles of Economics, in 1991. During his 10 years at the St. Louis Federal Reserve, he gave over 150 speeches on a variety of topics.
In 1980-81, he was a visiting economist at the Reserve Bank of Australia and in 1991, Bank Mees and Hope Visiting Professor of Economics at Erasmus University in Rotterdam. At various times, he served on advisory boards of the Federal Reserve Banks of Boston and New York, and the Congressional Budget Office.
Poole earned an A.B. degree from Swarthmore College, and an MBA and Ph.D. degree from the University of Chicago. He was honored with a Doctor of Laws degree from Swarthmore in 1989. Born and raised in Wilmington, Del., Poole and his wife, Geraldine, have four sons.
Press Release: Economic Expert and Financial Scholar William Poole to Deliver 26th Annual Rev. Thomas J. Furphy Lecture | Posted on: 10/7/2009
For more info:
Tom McNamara, Executive Director of Communications
DeSales University | 2255 Station Avenue | Center Valley, PA 18034
610.282.1100 x1219 | Tom.McNamara@desales.edu