For release: March 6, 2001
Contact: Joe Elstner, (314) 444-8902; Charles B. Henderson, (314) 444-8311; Gerry Everding, (314) 935-6375

Media Advisory

WHAT:

Laurence H. Meyer, a member of the Board of Governors of the Federal Reserve System, will present the 2001 Homer Jones Memorial Lecture, "Does Money Matter?"

WHEN:

4 p.m. CST, Wednesday, March 28, 2001

WHERE:

Washington University in St. Louis, Missouri Business School (corner of Forsyth Boulevard and Olympian Way) May Auditorium, Simon Hall

WHO:

The sponsors of the lecture series are the Federal Reserve Bank of St. Louis, Washington University in St. Louis, the St. Louis Gateway Chapter of the National Association for Business Economics, St. Louis University, Southern Illinois University at Edwardsville, and the University of Missouri at St. Louis. Additional sponsors are Washington University's College of Arts and Sciences, Department of Economics, the John M. Olin School of Business, and the Weidenbaum Center on the Economy, Government and Public Policy.

WHY:

The Homer Jones Memorial Lecture series honors a man who exemplified leadership in economics and public policy. Homer Jones served at the Federal Reserve Bank of St. Louis from 1958 to 1971, first as research director and later as senior vice president, and played a major role in developing the St. Louis Fed as a leader in monetary research and statistics. During his tenure, the St. Louis Fed earned its reputation as a "maverick" in the Federal Reserve System. In time, however, many of the tenets that Jones and his successors at the St. Louis Fed helped to formulate were adopted as conventional wisdom among mainstream economists.

Laurence H. Meyer was a member of the economics faculty at Washington University in St. Louis from 1969 to 1996. He was also a research associate of the university's Center for the Study of American Business, and a former chairman of the Economics Department. In 1982, Gov. Meyer co-founded Laurence H. Meyer and Associates, a St. Louis-based consulting firm specializing in macroeconomic forecasting and policy analysis. He was honored in 1986 as the economic forecaster of the year by Business Week, and was similarly recognized in 1993 and 1996 with the prestigious Annual Forecast Award, presented to the most accurate forecaster on the Blue Chip Economic Indicators panel. Gov. Meyer took office on the Board of Governors of the Federal Reserve System on June 20, 1996.

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