Ronnie J. Phillips received his B.A. in Urban Studies from the University of Oklahoma in 1973 and his Ph.D. in Economics from The University of Texas at Austin in 1980. He is Professor Emeritus of Economics at Colorado State University in Fort Collins. He was the recipient of the Oliver Pennock Distinguished Service Award from CSU in 2000. A past president of the Association for Evolutionary Economics, he has been a Scholar in Residence at the Ewing Marion Kauffman Foundation in Kansas City, Missouri; a Visiting Research Fellow at the American Institute for Economic Research in Great Barrington, Massachusetts; a Visiting Scholar in the Division of Insurance at the Federal Deposit Insurance Corporation in Washington, D.C.; a Visiting Scholar in the Bank Research Division at the Office of the Comptroller of the Currency, Department of the Treasury, in Washington, D.C.; and a Resident Scholar at the Jerome Levy Economics Institute of Bard College in Annandale-on-Hudson, New York. Before CSU he taught at Texas A&M University in College Station, Texas. He has published widely on banking issues, entrepreneurship, and public policy in books, academic journals, newspapers, magazines, and public policy briefs.