New directors elected to NBER Board.

• Position: NBER News

The NBER's Board of Directors has elected two new members:

Edward Foster is a Professor of Economics (Emeritus) and past department chair (2000-6) at the University of Minnesota, which he represents on the NBER Board. He received his Ph.D. from MIT in 1961 and joined the Minnesota faculty that year. In addition to teaching, he has served as Associate and Acting Dean of the School of Management, and as the University's Associate Vice President for Academic Affairs. An expert on public finance and cost-benefit analysis, with a particular focus on health and safety issues, Foster currently serves on the Minnesota Council of Economic Advisers. He is also a past president of the National Association of Forensic Economics.

Peter L. Rousseau is Professor of Economics, and Professor...