The Department of Economics is deeply saddened by the sudden death of
Professor Ronald Ian McKinnon on October 1, 2014.
Ron joined the department in 1961 and was promoted to the rank of Full Professor in 1969. He became emeritus in 2005, but continued teaching a popular undergraduate class on International Finance and Exchange Rates for several years. He was highly respected for his many insightful contributions to our understanding of international trade, money and finance, economic development, and East Asian economies. He was a longtime pillar of our department, a devoted mentor for innumerable students, an inspiration for a generation of young scholars, and a good friend. The Stanford community is fortunate to have benefited from his intellectual leadership, research, sense of humor, and kindness for 53 years.
We will miss him.
The Department welcomes five new faculty members:
Associate Professor Dave Donaldson from MIT
Professor Mark Duggan from Wharton School at University of Pennsylvania
Assistant Professor Brad Larsen from MIT
Assistant Professor Melanie Morten from Yale University
Assistant Professor Petra Persson from Columbia University