Dr. Samuel R. Allen Dean of the Mitchell E. Daniels, Jr. School of Business
Distinguished Professor of Service
Special Advisor to the President
Ph.D., Economics, Indiana University, Bloomington, Indiana, 1990.
Bachelor of Science, Quantitative Methods and Information Systems, and Economics, St. Cloud State University, St. Cloud, Minnesota, 1984.
James “Jim” Bullard, the longest serving sitting president of Federal Reserve Banks and one of the nation’s foremost economists and respected scholar-leaders, was chosen in July 2023 as the inaugural dean of the reimagined Mitchell E. Daniels, Jr. School of Business at Purdue University.
Bullard, who took the reins as the Dr. Samuel R. Allen Dean on August 15, is charged with inspiring, further developing and implementing Purdue’s reimagined approach to a top-ranked business school across undergraduate, graduate, executive and research programs, preparing tomorrow’s business leaders and entrepreneurs in the Daniels School that is grounded in the principles of free enterprise, free market economy in generating opportunities and prosperity, and in the hallmarks of a well-rounded Purdue education and with a particular emphasis on tech-driven, analytics-based business success.
To further reflect and to maximize the impact of Bullard’s unique, national leadership experience, he also serves as Special Advisor to the President of the university, reporting to President Mung Chiang in that capacity. Bullard is also a Distinguished Professor of Service in the Daniels School’s Department of Economics.
Serving 15 years as the sitting president and chief executive officer of the Federal Reserve Bank of St. Louis, Bullard earned significant praise and accolades for his long-standing leadership and innovative thinking as part of the Federal Open Market Committee (FOMC) in guiding the direction of U.S. monetary policy. A noted economist and scholar, Bullard had been the longest-serving Federal Reserve Bank president in the country and ranked as the seventh-most influential economist in the world in 2014. His scholarly impact has been based on research-based thinking and intellectual openness to new theories and explanations. That allowed Bullard to be an early voice for economic change, helping the Federal Reserve deftly navigate complex economic landscapes such as the COVID-19 pandemic and the financial crisis during his tenure.
Before becoming president in 2008, Bullard served in various roles at the Federal Reserve Bank of St. Louis, starting in 1990 as an economist in the research division and later serving as vice president and deputy director of research for monetary analysis. For 15 years, he directed the activities of the Federal Reserve’s Eighth District, which branches into several states, including an extensive portion of southern Indiana. While serving on the Federal Reserve’s Open Market Committee, Macroeconomic Advisers named Bullard the FOMC's second biggest mover of markets in 2010 behind Chairman Ben Bernanke and the biggest mover of markets in 2011 and 2013.
During his time as an academic economist and financial policy scholar, Bullard’s research has appeared in premier journals, including the American Economic Review; the Journal of Monetary Economics; Macroeconomic Dynamics; and the Journal of Money, Credit and Banking. The majority of his research is some form of macroeconomic analysis, focusing on monetary policy, inflation/deflation, and macroeconomic stability.
Bullard served as an honorary professor of economics at Washington University in St. Louis, where he also sat on the advisory council of the economics department as well as several advisory boards. The St. Louis Post-Dispatch named him the Top Workplace Leader among the region’s large employers as part of its 2018 Top Workplace Awards. Active in the community, Bullard has served on the board of directors of Concordance Academy of Leadership in St. Louis and was formerly the board chair of the United Way U.S.A. He is co-editor of the Journal of Economic Dynamics and Control, a member of the editorial advisory board of the National Institute Economic Review and a member of the Central Bank Research Association’s senior council.
Born in Wisconsin, Bullard grew up in Forest Lake, Minnesota, and received his doctorate in economics from Indiana University in Bloomington. He holds Bachelor of Science degrees in economics and in quantitative methods and information systems from St. Cloud State University in St. Cloud, Minnesota.
Managing Everyone Everywhere All at Once
James Bullard, the Dr. Samuel R. Allen Dean of Purdue University's Daniels School of Business, has developed an economic model that serves as a benchmark to see how adept U.S. policymakers are at selecting the best policies and provided suggestions for further improvement.
Inflation is going in the right direction: James Bullard
Former Federal Reserve Bank of St. Louis James Bullard provides insight on the state of the economy on 'The Claman Countdown.'
- U.S. to 'most likely' avoid recession, Bullard says
Continued growth is the "most likely scenario" for the U.S. economy, Bullard, the dean of the Mitchell E. Daniels, Jr. School of Business at Purdue University, said in an interview with Nikkei.
- There is a risk the reaccelleration of the U.S. economy will filter into inflation
James Bullard, former president of the St. Louis Fed and dean of the Mitchell E. Daniels, Jr. School of Business at Purdue University, says the FOMC has to remain vigilant to get back to 2 percent inflation.
- Daniels School faculty discuss economic trends for Indiana businesses
Daniels School Dean Jim Bullard and Prof. Kevin Mumford discussed economic trends for Indiana businesses at recent luncheon.
- Inflation not likely to fall as quickly as Fed hopes
James Bullard addresses concerns over rising interest rates on "Cavuto: Coast to Coast."
- Purdue business school dean sees optimism in US economy
The dean of the Mitchell E. Daniels Jr. School of Business at Purdue University says there is reason for optimism about the economy heading into the winter season.
- Daniels School dean and former St. Louis Fed pres. Bullard: Markets hate uncertainties
Jim Bullard, the Dr. Samuel R. Allen Dean of Purdue's Mitchell E. Daniels, Jr. School of Business and former St. Louis Fed president, joins 'Squawk on the Street' to discuss his thoughts about the macroeconomy relative to the moves in treasuries, the jobs report, and if recent geopolitical events will have any impact to the United States' rate trajectory.
- Daniels School dean sits down for candid live Instagram conversation
Students will have the opportunity to hear about the reimagined Mitchell E. Daniels, Jr. School of Business and its new leader directly from the dean of the school. Jim Bullard, Dr. Samuel R. Allen Dean, will respond to student questions at 1 p.m. on October 5.
- Launch of the Daniels School marks the next giant leap for business at Purdue
On August 30, 2023, Purdue’s new Mitchell E. Daniels, Jr. School of Business celebrated its official launch and welcomed its inaugural dean.
- Bullard on U.S. economy, FOMC policy, interest rates
Former Federal Reserve Bank of St. Louis President James Bullard, the Dr. Samuel R. Allen Dean of Purdue's Mitchell E. Daniels, Jr. School of Business, said a pickup in economic activity this summer could delay plans for the Fed to wrap up interest-rate increases.
- New Daniels School dean leads wide-ranging conversation on economics
The new dean of the Mitchell E. Daniels, Jr. School of Business at Purdue University will share his vast monetary policy expertise during an upcoming live National Association for Business Economics (NABE) webinar.
- Recession fears have been ‘blown out of the water,’ says Daniels School dean and long-serving Fed president
Former St. Louis Fed chief James Bullard, the Dr. Samuel R. Allen Dean of Purdue's Mitchell E. Daniels, Jr. School of Business, warns that stronger growth will require even higher rates
- Daniels School of Business dean announced
James Bullard was named the dean of the Mitchell E. Daniels, Jr. School of Business starting on Aug. 15 after spending 15 years as the president and chief executive officer of the Federal Reserve Bank of St. Louis. He has earned praise and accolades for his long-standing leadership as part of the Federal Open Market Committee in guiding the direction of U.S. monetary policy.
- ‘A Head-Turning Recruit’: Jim Bullard named new dean of Purdue’s Daniels School of Business
James “Jim” Bullard, a longstanding Federal Reserve Bank president and influential economist, has been named the dean of Purdue University’s Mitchell E. Daniels, Jr. School of Business.
- Jim Bullard, president of St. Louis Federal Reserve Bank, appointed inaugural dean at Purdue’s Daniels School of Business
The longest serving sitting president of Federal Reserve Banks and one of the nation’s foremost economists and respected scholar-leaders has been chosen to lead the continued transformation of the reimagined Mitchell E. Daniels, Jr. School of Business (DSB) at Purdue University. James “Jim” Bullard on Thursday (July 13) was named the inaugural Dr. Samuel R. Allen Dean of the Daniels School of Business with a start date of Aug. 15.