In 2000, Dr Saving was appointed by the President as a Public Trustee of the Social Security and Medicare Trust Funds. On May 2, 2001, Dr Saving was named to the President’s Commission to Strengthen Social Security.

Dr Saving received his PhD from the University of Chicago and served on the faculty at the University of Washington, Seattle and Michigan State University before moving to Texas A&M University in 1968.

Dr Saving’s research has covered the areas of antitrust economics, monetary economics, health economics, the theory of the banking firm, and the general theory of the firm and markets. He has served as a referee or as a member of the editorial board of the major economics journals and is currently co-editor of Economic Inquiry.

His current research emphasis is on the benefit of markets in solving the pressing issues in health care and Social Security. He is the co-editor of Medicare Reform: Issues and Answers, University of Chicago Press, 1999 and the co-author of The Economics of Medicare Reform, W. E. Upjohn Institute, 2000, in addition to many articles in professional journals and two influential books on monetary theory.

Dr. Saving served as President of the Western Economics Association, President of the Southern Economics Association and President of the Association of Private Enterprise Education.