Outstanding Achievement Award Recipient
College of Agricultural, Food, and Environmental Sciences, March 31, 2003
Ernest T. Baughman received a B.S. (1939) and a M.S. (1941) in agricultural economics from the University of Minnesota. Over a 39-year career he made major contributions to the operation of the Federal Reserve System, to the Federal Open Market Committee, and to a large number of professional, academic, civic, and charitable organizations. He has demonstrated exceptional leadership and service as one of the nation's most outstanding economists and one of its top central bankers. He was a sought-after speaker on economic subjects for banking, business and agricultural groups. After his retirement from the Federal Reserve System, he served as Professor of Finance at the University of Texas and then from 1984 to 1987 as Lecturer in Finance and Economics at Triton College in River Grove, Illinois.
Biographies are as-of time of award presentation.