David Hale passed away on Oct. 19, 2015 after a brief illness.
He was 63 years old. He is survived by his beloved wife Lyric;
devoted father of Jennie, Harmony, Devin, Erin, and Aria; proud
grandfather of Cadence. He is the loving son of (Richard) and
Jeanne; dear brother of John, James, Gary, and (Stephen).
Born in 1951 in St Johnsbury, Vermont, he was a graduate of
St Johnsbury Academy. David was an American
macroeconomist, renowned speaker, and author. He held a
B.Sc. degree in international economic affairs from the
Georgetown University School of Foreign Service and a M.Sc.
degree in economics from the London School of Economics. In 1990,
the New York chapter of the National Association of
Business Economists conferred upon David the annual William
F. Butler Award for distinction as a business economist.
Other recipients include Paul Volker, Alan Greenspan, and Paul Krugman.
He was chief economist for Kemper Financial Services, which
he joined in 1977, and was named global chief economist for
Zurich Financial Services in 1995. He advised the group's fund
management and insurance operations on both the economic
outlook and a wide range of public policy issues until 2002,
when he founded his own consultancy. A Chicago-based
macroeconomist, he was chairman of David Hale Global
Economics, Inc. The firm's clients included asset management
companies worldwide. With his wife Lyric Hughes Hale, he co-
authored the book "What's Next? Unconventional
Wisdom on the Future of the World Economy," which was
published by Yale University Press in 2011.
David was a member of the New York-based Council on
Foreign Relations, the Japan America Society, President's Circle
of the Chicago Council on Global Affairs, the National
Association of Business Economists, and the New York Society
of Security Analysts. He lectured at the World Economic Forum,
the Fortune Global CEO Conference, and the National
Association of Governors. A frequent visitor to Australia, he was
a member of the Australian-American Leadership Dialogue since its inception.
He was a member of the Academic Advisory Board of the
Federal Reserve Bank of Chicago, and the Competitive Markets
Advisory Council of the Chicago Mercantile Exchange. He was a
regular guest on radio and television programs in Europe, Asia,
Australia, and the United States. He wrote on a broad range of
economic topics and his articles appeared in the Wall Street
Journal, the Financial Times, the New York Times, the Nihon
Keizai Shimbun, the Australian Financial Review, Harvard
Business Review, Foreign Affairs, Foreign Policy, National
Interest, Central Banking and numerous other publications.
David testified before Congressional committees on domestic
and international economic policy issues, and participated in
briefings and meetings with senior officials in the executive
branch, including former President George W. Bush, current
White House policymakers, the Federal Reserve, US Treasury,
US Department of Defense, as well as foreign governments
and international non-governmental organizations. He was a
renowned speaker who addressed audiences at the World
Economic Forum, the Federal Reserve Conference at Jackson
Hole, and the Indaba Mining Conference in South Africa. He was
known for his ability to distill complex economic issues and
relate them to both current geopolitical conditions and
economic history. His encyclopedic knowledge of global
economics, and his long-term relationships with policymakers
and market participants throughout the world gave him a
unique vantage point that contributed to his excellent
forecasting record. His fields of special interest and expertise
included central banking, especially the Federal Reserve, trade,
resources, energy, Africa, China, Japan, and foreign exchange issues.
David was strong-willed, an adventuresome explorer, and a
hardworking spirit who was famous for his wit and memory of
obscure historic facts. He was constantly seeking economic
knowledge and enjoyed the company of colleagues and friends.
However, his favorite place was always being at home with his
loving family, as husband, father and grandfather. He most
enjoyed public speaking, reading global newspapers, and
writing on his manual typewriter. He was a parishioner of
Sacred Heart Parish in Winnetka, Illinois.
Visiting hours will be held at the Sayles Funeral Home in St.
Johnsbury Friday evening from 6-8 p.m.
A funeral Mass will be celebrated in St. Johnsbury Saturday,
Oct. 24, at 11 a.m at the St. John the Evangelist Church. Burial
will follow at the Mt. Calvary Cemetery.
David's journey took him all over the world. But Vermont and
St. Johnsbury were his home. Memorial contributions could be
directed to the St. Johnsbury History and Heritage Center, PO
Box 223, St. Johnsbury VT 05819.
|
|
|