Simpson GS '60 donates funds for new macroeconomics center
Louis Simpson GS ’60 donated $10 million to the University to establish the Louis A. Simpson Center for the Study of Macroeconomics, the University announced on Monday. The center will be formally dedicated in October with a lecture featuring Ben Bernanke, former chair of the Federal Reserve, who chaired the University’s economics department from 1996-2002. “We already have an excellent [macroeconomics] program," economics professor Gene Grossman, chair of the economics department and director of the International Economics Section, said.