Academic Council meeting

Friday, May 1, 2009
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In his annual address to the Academic Council on Thursday, April 30, at Kresge Auditorium, Stanford president John Hennessy discussed “The State of the University and the Economy.” All staff, faculty, and students were invited to attend.

Hennessy reviewed the accomplishments of the past year and addressed the university’s financial situation. Given that the speed of the university’s financial recovery will be determined almost entirely by the economy's recovery, Hennessy asked several colleagues to discuss the economic outlook.

John Shoven, the Buzz and Barbara McCoy Senior Fellow at the Hoover Institution and the Charles Schwab Professor of Economics at Stanford, made a few comments and then moderated a panel that included

  • John Taylor, the Bowen H. and Janice Arthur McCoy Senior Fellow at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford

  • Darrell Duffie, the Dean Witter Distinguished Professor in Finance at Stanford

  • Kathryn Hall, MBA '84 from Stanford, chief executive officer and chief investment officer, Hall Capital Partners

Members of the panel offered their expert opinions on the national and global economic downturn and recovery.