PUBLISHED ON JUL 11, 2019
From the family of Dr. Sherman Shapiro, who passed away on June 22, 2019:
"Sherman Shapiro gained his Ph.D. in Economics from the University of Chicago in the early 1960s, and kept in touch regularly with the department. His education was key to his world view and progress in life. In his 94-year-long life, he was the Assistant to the Comptroller of the Currency for the U.S. Government, he was an Assistant professor of Economics at University of Texas, Austin, Associate Professor of Economics at Notre Dame, and Department Chairman and Professor of Economics at University of Illinois, Circle Campus. He was also the Senior Economist for the Federal Reserve Bank of Chicago. He was a consultant to top banks and S&L's across the Chicago area. His Ph.D. from the University of Chicago was a big step forward for a boy born into poverty, and he used his degree both as an educator and to help the nation.
He is survived by his wife, Ellen; his two sons, Carl Shapiro and David Shapiro, and two grandchildren, Eva and Ben. One of his grandchildren, Eva Sierra Shapiro, received her Ph.D. in Economics from University of California, Santa Cruz, on June 16, about 1 week before Sherman's passing on June 22, around midnight. If one wishes to make a donation, please contribute to the poor and needy. Thank you for passing this news to his friends.
Ellen, David and Carl Shapiro"