Professional Activities

Visiting Honors Examiner in Economic Theory, Swarthmore College, 1986.

Faculty Research Fellow, National Bureau of Economic Research, Program in Financial Markets and Monetary Economics, 1985 – 1989.

Faculty Research Fellow, National Bureau of Economic Research, Program in Economic Fluctuations, 1988 – 1989.

Research Associate, National Bureau of Economic Research, 1989 – present.

Committee Member, National Academy of Sciences Committee on Drug Use and the Workplace, 1992 – 1993.

Associate Editor, Journal of Money, Credit and Banking, 1992 – 1995.

Board of Academic Advisors, Pioneer Institute for Public Policy Research, May, 1995 – present.

President, Bastiat Institute, April, 1999 – June, 2005.

Reviewer, National Academies of Sciences‟ Report on Improving Research Information and Data on Firearms, July, 2003.

Rogge Memorial Lecture, Wabash College, Why Thoughtful Conservatives Should be Libertarians: The Pitfalls of Fixing Bad Government with More Government, March 2005.

Editorial Board, Cato Journal, February, 2009 – present.

Senior Fellow, Cato Institute, May, 2009 – present.