Board: Michael J. Boskin

Michael J. Boskin

Koret President Michael J. Boskin is the Tully M. Friedman Professor of Economics at Stanford University, Senior Fellow of the Hoover Institution, and research associate at the National Bureau of Economic Research.

An adviser to governments and global businesses, he sits on several corporate and philanthropic boards of directors. He served as Chairman of the President’s Council of Economic Advisers (CEA) from 1989 to 1993, rated by the independent Council for Excellence in Government as one of the five most respected agencies in the federal government. Dr. Boskin chaired the highly influential blue-ribbon Consumer Price Index Commission, which has transformed the way government statistical agencies around the world measure inflation, gross domestic product, and productivity.

Dr. Boskin received his B.A. with highest honors in economics in 1967 from the University of California, Berkeley, where he also received his M.A. in 1968 and his Ph.D. in 1971. He was awarded the Chancellor’s Award for Outstanding Undergraduate in 1967. In addition to Stanford and the University of California, he has taught at Harvard and Yale. The author of more than 150 books and articles, he is internationally recognized for his research on world economic growth, tax and budget theory and policy; U.S. saving and consumption patterns; and the implications of changing technology and demography on capital, labor, and product markets.

Dr. Boskin has received numerous professional awards and citations, including Stanford’s Distinguished Teaching Award in 1988 and the National Association for Business Economists’ Abramson Award for outstanding research as well as its Distinguished Fellow Award. He was honored with the Medal of the President of the Italian Republic in 1991 for his contributions to global economic understanding and the 1998 Adam Smith Prize for outstanding contributions to economics.