March 2004

Arthur Rolnick

Arthur J. Rolnick is not only Senior Vice President and Director of Research at the Federal Reserve Bank of Minneapolis, but also an Associate Economist with the Federal Open Market Committee and an Adjunct Professor of Economics, MBA Program, Lingnan College, Guangzhou, China and the University of Minnesota's Carlson School of Management.

As a top official of the Federal Reserve Bank, Art Rolnick attends the meetings of the Federal Open Market Committee, the Federal Reserve's principal body responsible for establishing national money and credit policies.

Art has become nationally-known for his essays on public policy issues, most recently, “The Economics of Early Childhood Development.” His research interests include banking and financial economics, monetary policy, monetary history, the economics of federalism, and the economics of education.

As Delaware considers implementing full-day kindergarten for all eligible children, and continues to study what it might do in early-childhood education, Art Rolnick's research on the economics of education will provide the business community with another perspective on this issue.

Arthur J. Rolnick has been a visiting professor of economics at Boston College, the University of Chicago, and the University of Minnesota. He is past president of the Minnesota Economic Association and serves on the boards of the Minnesota Council on Economic Education, the Center for Economic Progress, and Ready 4 K, an advocacy organization for early childhood development.

Beverley Baxter