Professors Emeriti and Retired Faculty

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Lawrence Boland

PhD, Illinois.


In 1966 Lawrence Boland joined the Department of Economics to teach methodology and mathematical economics. He had taught the previous year at the University of Wisconsin-Milwaukee. He received a B.Sc. in economics from Bradley University in 1962. From the University of Illinois he received a M.Sc. in 1963 and a Ph.D. in 1966. In 1968 he was a visitor at the Department of Economics of Boston University. He has taught introductory sociology at Capilano College and Vancouver Community College.

Professor Boland's primary teaching area has been microeconomic theory and methodology at both the undergraduate and graduate levels. He has been teaching the pre-principles history of thought course (Econ 100 or Econ 110) for more than forty years. He also teaches fourth-year seminars in the methodology of economics and the history of economic thought. His current research concerns the knowledge and learning assumptions commonly used in economic models.

He has published eight books including:

  • Equilibrium Models in Economics: Purposes and Critical Limitations, Oxford, 2017
  • Model Bulding in Economics: Its Purpose and Limitations, Cambridge, 2014.
  • The Foundations of Economic Method: A Popperian Perspective, London: Routledge, 2003.
  • The Principles of Economics: Some Lies my Teachers Told Me, Routledge, 1992.

and over eighty articles on theory and methodology, including:

  • "A critique of Friedman's critics", Journal of Economic Literature 17, 1979.
  • "On the futility of criticizing the neoclassical maximization hypothesis", American Economic Review 71, 1981.

John Chant

Room WMX 2688

604 985 1443

BA (Br Col), PhD (Duke)


John Chant received his education at UBC and Duke and taught at Queen's and Carleton before coming to SFU in 1979. He was the Chair of the department at both SFU and Carleton. He has been the editor of Economic Inquiry and acting editor of Canadian Public Policy. While on leave from SFU, he served from 1996 to 1998 as the Research Director of the Task Force for the Future of the Financial Services Sector. Earlier he had also been the Director of the Financial Markets Group at the Economic Council of Canada. During 2001-02 he was Special Adviser at the Bank of Canada and is currently a Director of the Canadian Payments Association.

John taught mainly in the areas of monetary theory, and money and banking. His main research interest has been the study of the form and functions of institutions. Much of this work has been directed toward the study of financial institutions and their regulation. In other work John has used the theory of bureaucracy to analyze the features and activities of the Bank of Canada. His current research explores the organization and activities of universities and the Canadian experience with counterfeiting. Recent publications in the area of financial institution regulation include:

  • "The Canadian Financial Sector in an Information Age," in T. Courchene, Room to Manoeuvre? Globalization and Policy Convergence.
  • "New directions in Canadian financial policy," in T. Courchene and E. Neave, Reforming the Canadian Financial Sector: Canada in a Global Perspective.
  • "Main Street or Bay Street: The Only Choices," Commentary (C.D. Howe Institute, 2001).

James Dean

BSc (Car), MA, PhD (Harv)

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James W Dean holds B.Sc., M.A. and Ph.D. degrees from Carleton and Harvard Universities, where he studied mathematics and then economics. In addition to his appointment at Simon Fraser, he has held visiting appointments at about 25 universities and research institutions world-wide. He regularly taught short graduate courses at a World Bank sponsored MA program in Kiev, and over the years brought several outstanding Ukrainian students into our PhD program.  At SFU, he supervised dozens of MA and PhD students, many of whom have distinguished themselves in academia and elsewhere. Since retirement he has held visiting positions at Western Washington University, the College of William and Mary, the Economics University of Bratislava, and American University in Washington DC, the latter as a Fulbright Professor. In 2010 he was appointed Senior Advisor to the central bank of South Sudan in Juba, installing a new currency preparatory to their independence in 2011.  

Professor Dean specializes in international macroeconomics and finance, as well as developing and transition economies. He has published about 130 articles, books and monographs. Throughout the 1990s, his research focussed on debt, currency and banking crises and their resolution. Some of this work is summarized in his monograph, "Has the Market Solved the Sovereign Debt Crisis?" Princeton Studies in International Finance, 1997. He then turned his attention to currency regimes, resulting in The Dollarization Debate, Oxford University Press, 2003. He is now publishing on crisis in the Eurozone: most recently, "How Slovakia Avoided the Confidence Fairy," Journal of Policy Modeling, June 2013.  

Professor Dean frequently consults, lectures and  travels  internationally. In 2013 he visited New Zealand, Thailand, Laos, Borneo, France, Uganda, Sri Lanka, Myanmar and Finland. When home in Vancouver, he plays jazz tenor saxophone with the James Dean Trio.

Don DeVoretz

BA, MA, PhD (Wisconsin)


Don DeVoretz retired in 2010 after a distinguished 42 year career at SFU. Don graduated from the University of Wisconsin (Madison) with his PhD in economics in 1969. His recent teaching interests are in the fields of development economics and the economics of immigration. His recent primary research interest is an assessment of the economics of immigration. He has held visiting appointments at Duke University, University of Ibadan (Nigeria), University of the Philippines, University of Wisconsin, the Norwegian School of Economics, and to IZA, at the University of Bonn. These visits are amongst a larger set of honours which include being chosen; the Willy Brandt Guest Professor at Malmo University, an Adjunct Professor at the C.D Howe Institute, a IZA Senior Research Fellow and giving the Julian Simon Keynote Address there, a Senior Research Fellow of the Asia Pacific Institute, and to the Board of Editors of the Journal of Comparative Policy Analysis and the Journal of Immigration and Integration. Over his career he was senior supervisor to over 50 MA students and 7 PhDs. He was instrumental in facilitating employment for many students with provincial and federal government agencies.

A big moment in Don's career and in the history of the economics department was Don's leadership in the successful application for a multi-million dollar Social Sciences and Humanities Research Council strategic research grant to establish a national Center of Excellence to study immigration and integration in 1996. Don spent a decade as the co-director of the Vancouver center of excellence, Research on Immigration and Integration in the Metropolis (RIIM). It has gone through a number of renewals and is now funded from federal, provincial, and university resources. This highly successful center of excellence owes its existence and success to Don's long stewardship.

Don has over a hundred publications. Recent representative publications include:

  • Immigration Policy: Methods of Economic Assessment. International Migration Review, 2006.
  • The Economics of Citizenship: A Common Intellectual Ground for Social Scientists. Journal of Ethnic and Migration Studies, 2007
  • An Auction Model of Canadian Temporary Immigration for the 21st Century. International Migration, 2007.

Herbert Grubel

BA (Rutgers), PhD (Yale)


I joined Simon Fraser University in 1972 and retired as Emeritus Professor in 1999 at age 65.  I am a Senior Fellow at the Fraser Institute in Vancouver and serve as a trustee for a family of mutual funds operated by Saturna Capital of Bellingham, Washington.

 I was born and educated to the Abitur level in Germany and moved to the United States in 1956 to attend Rutgers University, where I received a BA degree in business and economics in 1958.  Between 1958 and 1962 I studied at Yale University and was awarded a PhD in economics in 1963.

 I had full-time teaching positions at Yale University, Stanford University, the University of Chicago, and the University of Pennsylvania before accepting a professorship at Simon Fraser University in 1972.  Temporary teaching and research position brought me to the US Treasury, and universities in Berlin, Singapore, Cape Town, Nairobi, Oxford, Canberra and Bologna. 

 I spent the years 1993 to 1997 as an elected Reform Party Member of Parliament in Ottawa, serving as the Finance Critic from 1995 to 1997. 

 I enjoyed much luck studying at one of Yale’s Golden Ages when the faculty included Nobel laureates James Tobin and Tjalling Koopmans and others like Robert Triffin and Henry Wallich (who served as my thesis advisers), William Fellner and Arthur Okun, who were among the most distinguished economists of their generation.  I was similarly lucky to spend my three years as an Assistant Professor at the University of Chicago during its golden age when its faculty included six Nobel laureates including Milton Friedman, George Schultz, Robert Mundell, Robert Fogel, Merton Miller and George Stigler.  During these years I held the position as Research Associate for Harry Johnson.

 The association with these outstanding economists encouraged me to pursue research for the rest of my life.  This research led to the publication of 28 books serving as author, co-author, editor or co-editor and over 200 articles in professional journals and conference volumes.  My research focused on current economic policy issues, which I studied with the help of relevant theory and empirical evidence.  For many years the focus of this work was on international trade and finance.   Recent research interests include capital gains taxation, monetary union and immigration policy.  Several of these recent studies can be accessed at the website of the Social Science Research Network.

 My studies of Intra-industry Trade, co-authored with Peter Lloyd, represent a non-mathematical version of Paul Krugman’s New Trade Theory and were published before he finished his work.  The Swedish Academy credits some of our empirical studies for having provided the basis for his theoretical work.

 My textbook on International Economics sold well throughout the world in two editions in the 1970s and attracted many outstanding foreign students to Simon Fraser University, eight of whom finished their doctoral dissertation under my supervision.

 I live in Vancouver, enjoying tennis and the great skiing available there.  My wife Dr. Helene Bertrand and I together from earlier marriages have five children and nine grand-children.  We enjoy their company and watching them grow up.  We continue to attend several economic and medical conferences every year.    

Richard Holmes

BA, MA (Sask), PhD (Indiana)

Robert Jones  

PhD, Brown 

Research Fields: Monetary Theory, Macroeconomics, Finance.

Room WMX 2662


Robert Jones joined SFU in 1985.  He received his BSc and MA from the University of British Columbia, and PhD from Brown University.  Before joining SFU he was assistant professor at UCLA (economics) and associate professor at UBC (finance).  He served as consultant to Wells Fargo Bank on interest rate derivatives and risk management from 1983-2001, and as managing director, research, at Chubb Financial Solutions from 2001-03.

Professor Jones' primary teaching areas are monetary theory, applied option pricing, mathematical economics and macroeconomics. Current research interests are in the areas of financial intermediation, the default risk structure of interest rates and the economics of uncertainty.

Research papers include:

  • The Origin and Development of Media Exchange. Journal of Political Economy, 1976.
  • Flexibility and Uncertainty (with J. Ostroy). Review of Economic Studies, 1984.
  • Adaptive Capital, Information Depreciation and Schumpeterian Growth (with G. Newman). Economic Journal, 1995.
  • Exact Yield Curve Fitting of Markov Term Structure Models. 1999 (working paper).

Mahmood Khan

BSc, MA (Sind), MSocSc (Inst Soc Stud), PhD (Wageningen)

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Mahmood Hasan Khan joined the Department of Economics in April 1966. He completed his college and university education in Pakistan (B.Sc. and M.A. degrees in 1957 and 1960) and the Netherlands (M.Soc.Sc. and Ph.D. degrees in 1963 and 1966). Professor Khan has been a visiting scholar/professor at universities in the USA, Turkey and Pakistan. He has also worked for several national and international organizations on different aspects of economic development in Egypt, Pakistan and Turkey.

Professor Khan has taught basic economics - principles and comparative systems - to undergraduate students and courses in economic development to both undergraduate and graduate students.  His research interests are in the general areas of agricultural economics and economic development with particular focus on agricultural and rural development in Pakistan and Egypt.

Professor Khan has published ten books and numerous papers in international journals. Publications include: 

  • Climbing the Development Ladder (1998).
  • Public Policy and the Rural Economy of Pakistan (1998).
  • Economic Performance, Structural Reforms and Government Budgets in Pakistan, Canadian Journal of Development Economics (1997).
  • A Survey of Agricultural Taxation in Underdeveloped Countries, Agricultural Economics (1999).

Jack Knetsch

BS, MS, MPA (Harvard), PhD (Harvard)

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Mike Lebowitz

BS (NYU), MA (Wisconsin)

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Michael Lebowitz joined SFU at its beginning in 1965 to teach economic history and economic thought. Subsequently, he developed a growing interest in Marxian economics, and his main teaching areas at SFU became Marxian Economics, Comparative Economic Systems, History of Economic Thought and Twentieth Century Political Economy. Since retiring as Professor Emeritus in 2000, his focus has been upon Marxian theory and the theory of socialist economies. From 2004-2011, he was an advisor in Venezuela and headed a programme, ‘Transformative Practice and Human Development’ at Centro Internacional Miranda in Caracas, Venezuela. As of 2016, he had published 11 books and numerous articles; among countries where editions of his books have been published are Cuba, Venezuela, Chile, China, India (several languages), South Korea, Spain, Turkey, Greece and Norway. His current projects include a programme in Cuba on 'Socialism for the 21st Century' and studies on 'the second product' (the human product of human activity).

Among representative publications are: 

  • Beyond Capital: Marx’s Political Economy of the Working Class (Palgrave Macmillan, 2003), winner of the 2004 Isaac and Tamara Deutscher Memorial Prize for best work in the Marxian tradition.
  • Build it Now: Socialism for the 21st Century (Monthly Review Press, 2006).
  • Following Marx: Method, Critique and Crisis (Brill Academic Press,  2009)
  • The Socialist Alternative: Real Human Development (Monthly Review Press, 2010).
  • Contradictions of ‘Real Socialism’: the Conductor and the Conducted (Monthly Review Press, 2012).
  • The Socialist Imperative: from Gotha to Now (Monthly Review Press, 2015).
  • Que es Socialismo del Siglo XXI? (Havana: MEPLA, 2016).

Recent video talks available online include:

Richard Lipsey

BA (Br Col), MA (Tor), PhD (LSE)

Dennis Maki

BA (Minn), PhD (Iowa State)

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John Munro

BCom (Br Col), MBA, DBA (Indiana)

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Clyde Reed

BA, MA, PhD (Washington)

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Professor Clyde Reed retired in 2009 after a distinguished career at SFU. Clyde is a Washington State native who joined Simon Fraser University in 1972 after completing his undergraduate, graduate and Phd work at the University of Washington. He was quite impressed with the faculty in the Department of Economics as they were engaged in “interesting research”. After a career that has spanned 37 years Professor Reed still feels the same way. “SFU has always had an environment in which it was easy to interact with people, that is what I like … I have made some of my best friends here”. As a teacher he took a strong interest in his students - “those I have connected with have become friends”, and “the best students at SFU would be excellent students anywhere”. As for interests, he came to British Columbia as an avid jazz musician who over the years has embedded himself in the jazz community, in fact he still plays, records, and performs with some of the same musicians he started off with when he first arrived. As for his professional achievements Professor Reed believes that some of his best work has been completed post retirement and notes the following publications:

  • Dow, G., C. Reed, and N. Olewiler (2009). “The transition to agriculture: climate reversals, population density, and technical change.” Journal of Economic Growth 14 (1), pp. 27-53.Dow, Gregory K. and Clyde G. Reed (2011), “Stagnation and innovation before agriculture,” Journal of Economic Behavior and Organization 77 (3), 339-350.
  • Dow, Gregory K. and Clyde G. Reed (2013), “The origins of inequality: “Insiders, outsiders, elites, and commoners,” Journal of Political Economy 121 (3), pp. 609-641.
  • Bekar, Cliff T. and Clyde G. Reed (2013), “Land markets and inequality: evidence from Medieval England,” European Review of Economic History 17 (3), pp. 294-317

In retirement Clyde Reed plans to spend more time with his wife Sherrill sailing and traveling and more time recording and playing music. He will not abandon his love for economics and will continue his research with Greg Dow on the economics of prehistory.

Richard Schwindt

BA, PhD (Calif)

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Professor Schwindt retired in 2009 after a distinguished 37 year career at SFU. In 1972, after doing his undergraduate and graduate work during the tumultuous 1960s at the University of California at Berkeley, Richard Schwindt joined what was then the Department of Economics and Commerce at the almost brand-new Simon Fraser University. His training was in industrial organization and anti-trust policy and he was attracted by the interdisciplinary nature of the department with its mix of business administration and economics students and the need, particularly at the undergraduate level, to make courses relevant to both groups. When the department split he opted for a joint appointment which he held until retirement.

Interest in farming and an affinity for the outdoors led him to an emphasis in his research on the industrial economics of, and public policy towards agriculture, forestry and the Pacific salmon fishery. It also led him to supply staff and colleagues with eggs, beef, raspberries, tree fruit and daffodils over the years. He maintained his interest in anti-trust economics and policy by teaching micro-economic policy courses and providing litigation support both for anti-trust authorities and private sector stake-holders. He observed, interpreted for his students, and played a modest part in the evolution of Canadian competition policy from an ineffectual to a world-class antitrust regime.

Professor Schwindt made a strong contribution to teaching economics and business administration at SFU. His efforts were recognized in 1991 when he was presented with SFU’s Excellence in Teaching Award. When asked about teaching he replied “I think it just came easy. When I looked at the clock during lecture it was because I feared I was running out of time, not out of steam.” He was able to make theory more relevant and understandable by weaving real-world experiences, both from the farm and from the court-room, into his lectures.

Kenneth Strand

BA (Wash State), MS, PhD (Wis)

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