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ROBERT J. BARRO is a senior fellow at the Hoover Institution and the Robert C. Waggoner professor of economics at Harvard University. His expertise is in the areas of macroeconomics, economic growth, and monetary theory. Current research interests include the determinants of economic growth, with special emphasis on the role of political institutions. His books include Determinants of Economic Growth: A Cross-Country Empirical Study, Getting It Right: Markets and Choices in a Free Society, and Economic Growth (coauthor). He is on the executive committee of the American Economic Association, is a fellow of the American Academy of Arts and Sciences and the Econometric Society, an associate of the National Bureau of Economic Research, and a member of the Mont Pelerin Society. Barro received a Ph.D. in economics from Harvard University and a B.S. in physics from Caltech. GARY S. BECKER is the Rose-Marie and Jack R. Anderson senior fellow at the Hoover Institution and professor of economics and sociology at the University of Chicago. A recipient of the Nobel Memorial Prize in economic sciences in 1992, he was named a recipient of the National Medal of 179

180 Science in November of 2000 for his work in social policy. His current research focuses on habits and addictions, formation of preferences, human capital, and population growth. His most recent publications include The Economics of Life (with Guity Nashat) and Accounting for Tastes. He is a featured monthly columnist for Business Week. He holds honorary degrees from a dozen universities, including Hebrew University in Jerusalem, Knox College, Princeton University, Columbia University, and the University of Chicago. Becker received an A.B. (summa cum laude) from Princeton University, and a Ph.D. and A.M. from the University of Chicago. ANDREW J. COULSON is a senior research associate of the Social Philosophy and Policy Center and author of the book Market Education: The Unknown History. He has written numerous articles and essays for academic journals and for newspapers such as the Wall Street Journal and the Seattle Times. His research aims, by comparing how well various systems have worked across time and around the world, to identify the sort of school system best able to fulfill the public s goals and ideals. ROBERT E. HALL is the Robert and Carole McNeil joint professor in the Department of Economics at Stanford University and a senior fellow at the Hoover Institution. His research interests include levels of activity in market economics and the economics of high technology. He is coauthor of Macroeconomics: Theory, Performance and Policy with John Taylor and Economics: Principles and Applications with Marc Lieberman. Hall serves the National Bureau of Economic Research as director of the research program on economic fluctuations and growth and chair of the bureau s Committee on Business Cycle Dating. He is a fellow of the American Academy of Arts and Sciences and the Econometric Society. Hall received his B.A. from the Univer-

181 sity of California at Berkeley and his Ph.D. from the Massachusetts Institute of Technology. EDWARD P. LAZEAR is the Jack Steele Parker professor of human resources at Stanford University s Graduate School of Business and a senior fellow at the Hoover Institution. He is the founding and present editor of the Journal of Labor Economics and a fellow of the American Academy of Arts and Sciences, the Econometric Society, and the National Bureau of Economic Research. He is former president of the Society of Labor Economics. His book Personnel Economics reflects his extensive work on labor markets and personnel issues. He has published eight books and over one hundred papers. He has advised the governments of Czechoslovakia, Romania, Russia, and Ukraine, and received the Leo Melamed Biennial Prize for outstanding research. He received A.B. and A.M. degrees from the University of California at Los Angeles and his Ph.D. in economics from Harvard University. JENNIFER ROBACK MORSE is a research fellow at the Hoover Institution. Her research interests focus on the family and the free society. She is a columnist for Forbes Magazine and the National Catholic Register and was a founding member of the academic advisory boards of the Acton Institute for the Study of Religion. Her recently published book, Love and Economics: Why the Laissez-Faire Family Doesn t Work, discusses the issue of the family as a necessary building block for a free society. Morse received her Ph.D. in economics from the University of Rochester and spent a postdoctoral year at the University of Chicago. PAUL M. ROMER is the STANCO 25 professor of economics in the Graduate School of Business at Stanford University and a senior fellow of the Hoover Institution. He was the lead developer of new growth theory, which provides a foundation for business- and government-thinking about the

182 dynamics of wealth creation. In 1997, Romer was named one of America s twenty-five most influential people by Time Magazine. He is a fellow of the American Academy of Arts and Sciences and the Econometric Society and a research associate with the National Bureau of Economic Research. Romer holds a Ph.D. in economics from the University of Chicago. GEORGE P. SHULTZ, sixtieth secretary of state of the United States, is the first Thomas W. and Susan B. Ford distinguished fellow at the Hoover Institution and Jack Steele Parker professor of international economics at the Graduate School of Business at Stanford University. He has received the Medal of Freedom, the Seoul Peace Prize, and the Koret Prize for Contributions to Economic Reform and Development in Israel. He headed the Reagan Economic Policy Advisory Board and serves on a number of corporate boards. Among his publications are Economic Policy Beyond the Headlines; Turmoil and Triumph: My Years as Secretary of State; and a recent monograph, Economics in Action: Ideas, Institutions, Policies. Shultz holds honorary degrees from the universities of Notre Dame, Loyola, Pennsylvania, Rochester, Princeton, Carnegie-Mellon, City University of New York, Yeshiva, Northwestern, Tel Aviv, Weizmann Institute, Baruch College, Hebrew University of Jerusalem, Tbilisi State, and Keio University in Tokyo. He received a B.A. from Princeton and a Ph.D. in industrial economics from the Massachusetts Institute of Technology. THOMAS SOWELL is the Rose and Milton Friedman senior fellow in public policy at the Hoover Institution. He writes on economics, history, social policy, ethnicity, and the history of ideas. His most recent books are A Personal Odyssey, Barbarians Inside the Gates, and The Quest for Cosmic Justice, and his writings have appeared in scholarly journals in economics, law, and other fields. His current research focuses on cultural history in a world perspective. His nationally

183 syndicated column appears in more than 170 newspapers from Boston to Honolulu. He received a B.A. in economics (magna cum laude) at Harvard, an M.A. from Columbia University, and a Ph.D. in economics from the University of Chicago in 1968. SHELBY STEELE is a research fellow at the Hoover Institution who specializes in the study of race relations, multiculturalism, and affirmative action. He received the National Book Critics Circle Award in the general nonfiction category for his book The Content of Our Character: A New Vision of Race in America. He writes for the New York Times, the Wall Street Journal, and Harper s Magazine. His documentary Seven Days in Bensonhurst received an Emmy Award, the Writer s Guild Award, and the San Francisco Film Festival Award for television documentary writing. Steele holds a B.A. in political science from Coe College, an M.A. in sociology from Southern Illinois University, and a Ph.D. in English from the University of Utah.