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WILLIAMSTOWN, Mass., May 23, 2012 – Gerard Caprio Jr. ’72, 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 distinguished 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 MIT and former Director of Research at the IMF; Brooksley Born, chair 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. Caprio’s 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 B.A. from Williams College in 1972 and his Ph.D. from the University of Michigan in 1976.
Founded in 1793, Williams College is the second-oldest institution of higher learning in Massachusetts. The college’s 2,000 students are taught by a faculty noted for the quality of their teaching and research, and the achievement of academic goals includes active participation of students with faculty in their research. Students’ educational experience is enriched by the residential campus environment in Williamstown, Mass., which provides a host of opportunities for interaction with one another and with faculty beyond the classroom. Admission decisions are made regardless of a student’s financial ability, and the college provides grants and other assistance to meet the demonstrated needs of all who are admitted.