Thomas D. Hopkins is Professor Emeritus of Economics at Rochester Institute of Technology, where he taught from 1988 to 2012. During the Ford, Carter, and Reagan administrations he was on the staff of the Council on Wage and Price Stability. In 1981, as the council’s acting director, Hopkins managed the agency’s closure and the transfer of its regulatory oversight functions and staff to the Office of Management and Budget. He then served from 1981 to 1984 as deputy administrator of the Office of Information and Regulatory Affairs within the Office of Management and Budget. Hopkins also has taught at American University, the University of Maryland, and the US Business School in Prague, and from 1998 to 2005 served as dean of Rochester Institute of Technology’s College of Business. He received his PhD in economics from Yale University and his BA from Oberlin College.