NEWS RELEASE
Contact: David West (west@alpha.nsula.edu
)
News Bureau
Northwestern State University
Natchitoches, LA 71497
(318) 357-6466
4/16/2001
FOR IMMEDIATE RELEASE
NATCHITOCHES - The College of Business at Northwestern State University will hold the 35th Annual J. Walter Porter Forum Wednesday, April 18th beginning at 10 a.m. in the David Morgan Auditorium (Room 107) of Russell Hall. The featured speaker will be Dr. Harvey Rosenblum, vice president of the Federal Reserve Bank of Dallas.
After Rosenblum's speech, the College of Business will award approximately 40 scholarships to top students.
Rosenblum serves as an economic policy advisor to the president
of the Federal Reserve Bank of Dallas and as an associate economist
for the Federal Open Market Committee which formulates the nation's
monetary policy.
A widely recognized expert on both the national and Texas economies,
Rosenblum has written articles for The Journal of Finance, New
York Times, The Southwest Economy and The Handbook of Banking
Strategy.
Active in economics education, Rosenblum is a visiting professor
of finance and economics at Southern Methodist University, teaching
courses in contemporary issues in monetary policy and financial
institutions and markets. He is vice president of the National
Association of Business Economists.
Rosenblum received a bachelor's in economics from the University
of Connecticut and a Ph.D. in economics from the University of
California, Santa Barbara.
He began his career with the Federal Reserve in 1970 as an economist
with the Federal Reserve Bank of Chicago, advancing through the
ranks to vice president and associate director of research in
1983. He was also a visiting professor of finance with DePaul
University from 1973 until 1985. In 1985, he joined the Dallas
Federal Reserve Bank as senior vice president and director of
research.
His current research interests focus on monetary policy, electronic
money, social security reform, international trade, and dollarization
in Latin America.
The J. Walter Porter Forum is sponsored by the College of Business
and made
possible by the endowment established by the family and friends
of the late J. Walter Porter in recognition of his interest in
improving the image of business as a career field for college
students and of his concern for moral and ethical standards as
expressed in his philosophy of business. The forum is an effort
to translate the textbook into practice by bringing capable, successful
business executives to the campus to speak on selected topics
in their area of expertise.
Porter was a native of Kaufman County, Texas. He graduated from Texas A&M and earned a Master's in Civil Engineering from Harvard. In 1931, he helped organize the Gifford-Hill Pipe Company at Grand Prairie, Texas. Porter saw the need to sell business to the college and to bridge the gap between the college campus and industry. He felt many people in the academic, professional, governmental and even in the business world, fail to understand the workings of the competitive system and the motivating force behind it.
Porter was determined to contribute to a better understanding of that system among his own employees, associates, and, where he could, on college campuses. His death came on the eve of a scheduled three-day lecture program at Southwestern College in Winfield, Kan. The J. Walter Porter Forum is a continuation of that effort.