Michael Jay Boskin (born September 23, 1945 in New York City) is the T. M. Friedman Professor of Economics and Senior Fellow, Hoover Institution, Stanford University. He also is Chief Executive Officer and President of Boskin & Co., an economic consulting company.Boskin holds B.A. with highest honors, M.A., and Ph.D. degrees in economics from UC Berkeley, earned in 1967, 1968, and 1971 respectively. He is a member of Phi Beta Kappa.He joined Stanford University in 1970. He is a Research Associate, National Bureau of Economic Research.In government he is best know for serving as chair of the Council of Economic Advisors under Bill Clinton and as Chairman of a Congressional Advisory Commission on the Consumer Price Index. That commission, known as the Boskin Commission, is controversial for introducing changes into the calculation of the Consumer Price Index that some critics believe make the index report inflation as lower than it actually is.