Prompts winter weather advisories as cold air moves in Friday night

MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all. 

Turn Up Your Support

MPR News reporter Annie Baxter writes how 

 at the Federal Reserve Bank of Minneapolis that ousted two economists -- both 

 professors -- may have implications for the U.

She writes that critics are questioning the future of the special relationship between the regional bank and the U's economics department:

 by economist Stephen Williamson, which I ran across in a 

 by U of M chemistry professor Bill Gleason:

So would such a decades-long relationship really tank over two firings?

I called Christopher Phelan, chair of the U's economics department -- who also does some work for the Fed -- to ask how the affair has affected the partnership.

(As many as 20 U grad students and a handful of professors work for the Fed, he says.)

Phelan wouldn't talk about the ouster of the two economists or comment on whether tensions existed between the two bodies. Nor would he say whether there were potential threats to the relationship.

He did say the two bodies still have a "good relationship," and that he expects it to continue with no significant change in the number of people the U shares with the Fed:

Education News

On Campus Blog

Alex Friedrich

Author

MPR News reporter Annie Baxter writes how a shakeup in the research department at the Federal Reserve Bank of Minneapolis that ousted two economists — both University of Minnesota professors — may have implications for the U. She writes that critics are questioning the future of the special relationship between the regional bank and the U’s 

MPR News reporter Annie Baxter writes how a shakeup in the research department at the Federal Reserve Bank of Minneapolis that ousted two economists — both University of Minnesota professors — may have implications for the U. She writes that critics are questioning the future of the special relationship between the regional bank and the U’s Read more →


How will the Federal Reserve Bank ruckus affect the U?

Go Deeper.

Like this?