The Benjamin H. Griswold III, Class of 1933, Center for Economic Policy Studies fosters communication among members of the academic, business, and government communities. The Non-Resident Fellows program in the Griswold Center for Economic Policy Studies (GCEPS) supports distinguished visitors who can enhance the intellectual and academic life in the Department of Economics through their research and collaboration with faculty and students.
Non-Resident Fellows, 2025-2026
Michael Bordo is a Board of Governors Professor of Economics and director of the Center for Monetary and Financial History at Rutgers University. He has held previous academic positions at the University of South Carolina and Carleton University. Bordo has been a visiting professor at the University of California, Los Angeles, Carnegie Mellon University, Princeton University, Harvard University, and Cambridge University, where he was Pitt Professor of American History and Institutions. He is currently a Distinguished Visiting Fellow at the Hoover Institution, Stanford University. He has been a visiting scholar at the International Monetary Fund, the Federal Reserve Banks of St. Louis, Cleveland, and Dallas, the Federal Reserve Board of Governors, the Bank of Canada, the Bank of England, and the Bank for International Settlement. He is a research associate of the National Bureau of Economic Research. He is also a member of the Shadow Open Market Committee. He has a BA degree from McGill University, an MSc in economics from the London School of Economics, and PhD from the University of Chicago. He has published many articles in leading journals and eighteen books on monetary economics and monetary history. His latest book is The Historical Performance of the Federal Reserve: The Importance of Rules (2019). He is editor of a series of books for Cambridge University Press: Studies in Macroeconomic History.
Michael R. Schmidt is a distinguished visitor at the Griswold Center for Economic Policy Studies, and the former inaugural director of the CHIPS Program Office at the U.S. Department of Commerce. In 2022, Congress passed the bipartisan CHIPS and Science Act, a historic public investment in private industry designed to increase the manufacture of semiconductors in the United States. Previously, Schmidt served as senior advisor at the U.S. Department of the Treasury, responsible for the implementation of the Child Tax Credit program in the American Rescue Plan, which provided monthly payments to more than 37 million families and lifted more than 3 million children out of poverty. Schmidt served as commissioner of the New York State Department of Taxation and Finance, which oversees the state’s tax system and collects more than $100 billion in revenue annually. Schmidt served as deputy secretary for economic development in New York, where he oversaw policy and operations for 12 state agencies and authorities covering economic development, housing, and tax. Schmidt also served in the Office of Domestic Finance at the U.S. Department of the Treasury, and as a financial analyst at the Yale Investments Office. Schmidt holds a BA in history and a JD, both from Yale University.