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As dean of the largest college on campus, Professor Stone enjoyed applying basic tenets of economics—decentralized authority and incentives to pursue common goals and priorities.  Examples of the results include higher rankings for graduate programs, 13 new multidisciplinary degrees, and a doubling of grant funding, endowed appointments, and academic donations.

About Professor Stone.  Joe A. Stone is Emeritus Professor of Economics at the University of Oregon, where he has served since 1979. The year Animal House was filmed on campus. He grew up working as a roughneck in the oil fields of Texas; and as the first person in his family to continue past the eighth grade, takes special interest in the challenges faced by first generation college students from working class families.