Dr. James Tobin, Sterling Professor of Economics at Yale University, gave the Martin H. Crego Lecture on "The Crisis in Economic Policy."  A member of President Kennedy’s Council of Economic Advisors, Tobin received the Nobel Prize in Economics in 1981.

The Crego lecture, part of the Crego Endowment established in 1956 by Jean Crego ’32 in honor of her father, was an annual lecture in the general field of economics under the auspices of the economics department.