JOSEPH CORDES Professor Cordes is Professor of Economics, Public Policy and Public Administration, and International Affairs and co-director of the Regulatory Studies Center. He received his Ph.D. in economics from the University of Wisconsin, Madison in 1977, and joined The George Washington University faculty in 1975. His academic specialization in economics is in the area of public economics and policy analysis. Dr. Cordes was a Brookings Economic Policy fellow in the Office of Tax Policy in the U.S. Department of the Treasury in 1980-81, and served as a senior economist on the Treasury's Tax Reform project in 1984. From 1989 to 1991 he was Deputy Assistant Director for Tax Analysis at the Congressional Budget Office. He was a Visiting Fellow at the Urban Institute in 1998-1999, and is currently a Nonresident Fellow of the Urban-Brookings Joint Center on Taxpolicy. He has been a consultant to the Washington, DC and State of Connecticut Tax Revision Commissions, the Congressional Budget Office, and the Internal Revenue Service Office of Research. Prof. Cordes has served as the President of the Society for Benefit Cost Analysis and an associate editor of the Journal of Benefit Cost Analysis. He also is the co-editor of Nonprofits and Business (Urban Institute Press, 2008), Encyclopedia of Taxation and Policy, (Urban Institute Press, 2nd edition 2005), and Democracy, Social Values and Public Policy (Greenwood-Praeger, 1998). He has authored or co-authored over 40 articles in scholarly journals such as American Economic Review, Journal of Policy Analysis and Management, Research Policy, Policy Studies Review, National Tax Journal, Journal of Public Economics, Journal of Law and Economics, Journal of Urban Economics, Journal of Finance, Journal of Real Estate Finance and Economics, and Nonprofit and Voluntary Sector Quarterly. He has also contributed over 20 chapters to books and edited volumes. His research interests focus on the the economics of the philanthropic and nonprofit organizations, application of benefit-cost analysis as an evaluation tool, and regulatory policy