The Department of Economics is deeply saddened by the passing of Joseph P. Daniels and E. Scott Thatcher.
Joseph P. Daniels, IU Economics Ph.D. 1992, was fatally struck by a vehicle on the campus of Marquette University. He died on February 11, 2020. Joe taught at Marquette University and had served as chair of the Economics Department. He was named the James H. Keyes Dean of Business Administration at Marquette University in January 2020 after serving as Acting Dean since May 2019.
In a letter to the Marquette community, President of Marquette, Michael R. Lovell said "Joe was a campus fixture for more than 30 years, and I was honored to call him my friend. He inspired students his entire career as a mentor and educator and made an indelible impact on the field of economics as a master scholar. Ultimately, Joe helped take Marquette Business to new heights. He was instrumental in inspiring a new vision for the college, which we will carry forward in his memory."
Joseph P. Daniels, MA'87, PhD'92, who had recently been named Keyes Dean of Business Administration at Marquette University, was struck and killed by a vehicle in Milwaukee on Feb. 11, 2020. Daniels had served as the acting James H. Keyes Dean of Business Administration since May 2019. Prior to serving as interim dean, Daniels was chair of the Department of Economics, which serves students in the College of Business Administration and the Klingler College of Arts and Sciences. He was also co-director of the Center for Applied Economics. Daniels was widely published in economics, finance, and political science, and his research has appeared in numerous academic journals. He served as a Visiting Fulbright Chair of Governance and Public Policy at McMaster University, the Farr Distinguished Visiting Professor of International Finance in the Economics Department at Wake Forest University, and as a Visiting Fulbright Research Scholar in the International Relations Program at the University of Toronto. Daniels had also functioned as an officially credentialed media expert at G7/G8 economic summits and was interviewed by a wide range of media outlets including The Washington Post, The New York Times, and The Financial Times. He was 60 years old.
E. Scott Thatcher, IU Economics B.A. 1966, passed away on October 18, 2020. Mr. Thatcher established an endowed gift to fund the Elmus R. Wicker Professorship in Economics which was announced in October 2012. He dedicated this gift in honor of Professor Wicker whose classes he appreciated as a student. The Department of Economics held a reception to mark this event, where Larry Singell, then Dean of the College of Arts and Sciences, presented Mr. Thatcher with a memorial plaque on behalf of the College and two lectures on financial and fiscal crises were delivered. In 2017 Mr. Thatcher elevated his gift to endowing the Elmus R. Wicker Chair in Economics. Sadly, Mr. Thatcher passed away six months after Professor Wicker's passing in April. Mr. Thatcher's obituary published in the Star Tribune, Minneapolis, MN newspaper, states "Scott endowed a chair at Indiana University in honor of his beloved professor of economics, Elmus R. Wicker, …".