Good afternoon. It is an honor and a pleasure to be here. Thank you, Adam, for that wonderful introduction. And thank you, as well, to Dr. Mary Kelly for the invitation to speak this evening. This is the second year in a row that I’ve been asked to come out to Villanova and speak and I cannot say how much I appreciated the return invite. As president and CEO of the Federal Reserve Bank of Philadelphia, I get to speak before and meet with a tremendous variety of people. And I'm lucky that includes getting back to my roots in academia — as president of the University of Delaware, and before that as dean and professor ... (full story)