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Before joining the Fed, Ed spent 11 years at AT&T, working in the areas of economic analysis and telecommunications regulation. In the 1980s, he wrote speeches and position papers designed to further AT&T's case for reduced government regulation of its long-distance business. Earlier in his career, Ed conducted economic research at the Social Security Administration and the Commerce Department's Bureau of Economic Analysis (the agency that produces the nation's GDP data).
Ed has taught graduate courses in economics at NYU's Stern School of Business since 1993 and at NYU's Graduate School of Arts and Science since 1988. He has also held full-time teaching positions in economics at Quinnipiac and Shippensburg Universities. Ed has published articles on economic topics in professional journals and in newspapers such as the (Bergen) Record, Providence Journal, and Boston Herald. Ed has a B.A. in political science from Rutgers University and an M.A. and a Ph.D. in economics from New York University.