Williams Professor Named 'Top Wonk' on Economy

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Gerard Caprio Jr.
WILLIAMSTOWN, Mass. — Gerard Caprio Jr., William Brough Professor of Economics at Williams College, has been named a "Top Wonk" on the economy.

Top Wonks is a group of experts in a broad range of public policy issues. The directory of Top Wonks is widely used by journalists, researchers, and public officials to enlist the help of policy experts.

Caprio was selected by a committee of his peers as one of the country's best thinkers on financial economics and has been included in the Top Wonks volume and site. Other Top Wonks include Joseph Stiglitz, former chairman of the Council on Economic Advisers; Simon Johnson, professor at Massachusetts Institute of Technology and former director of research at the International Monetary Fund; Brooksley Born, chairman of the U.S. Commodity Futures Trading Commission; Nouriel Roubini, former senior economist for the White House Council of Economic Advisers; and Jeffrey Sachs, director of the Earth Institute at Columbia University.

Caprio's interests include financial regulation and financial crises, developing economies, and financial history. Prior to joining the Williams College faculty in 2006, he worked at the World Bank for 17 years. His most recent book, "The Guardians of Finance: Making Regulators Work for Us" (MIT Press, 2012), argues regulatory officials' failures are a neglected factor in the recent global financial crisis and makes proposals for how to hold regulators accountable and to increase the pressure on them to defend taxpayers’ interests.

Caprio received his bachelor's degree from Williams College in 1972 and his doctorate from the University of Michigan in 1976.

Tags: economics,   experts,   

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Williamstown Board Opts to Negotiate with College on Water St. Lot

By Stephen DravisiBerkshires Staff

Newly elected board member Nate Budington, far left, participates in his first in-person meeting along with, from left, Matt Neely, Stephanie Boyd, Peter Beck, Shana Dixon and Town Manager Robert Menicocci.
WILLIAMSTOWN, Mass. — The Select Board on Monday decided to enter into negotiations with Williams College on the sale of the vacant town-owned lot at 59 Water St.
 
But the board members made it clear that the college's proposal to acquire the lot is a starting point, not a final deal that the elected officials would accept.
 
"For the sake of continued conversation, I'm in favor of [awarding Williams the site], but if this process wasn't continued with the opportunity for further negotiation, I wouldn't vote to continue this," Peter Beck said. "I think that next step is necessary for us to get to a yes on this."
 
"I think there's wide agreement on that," Matthew Neely said just before the 5-0 vote to enter talks with the college.
 
Williams was the sole respondent to a town-issued request for proposals to develop the former town garage site, currently a dirt lot.
 
The college's stated intent is to build a new Facilities office and create up to 170 parking spaces at 59 Water Street. That use will allow the college to redevelop the current Facilities building site and parking lot as part of a reconception of the school's indoor athletic and recreation facilities.
 
Under the terms of the RFP, the college's proposal was subjected to review by an ad hoc advisory committee to the town manager, who brought the question to the Select Board. That board will have the final say on any purchase and sales agreement.
 
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