Richard Stout

Richard Stout ’68, professor of economics, was one of three Knox College faculty members to recently be presented with the Presidential Award for Faculty Excellence.

The award recognizes sustained excellence and accomplishment in all areas of faculty life, including outstanding service to the College and profession, significant grants and honors, innovative teaching, and exemplary scholarly and creative work, according to a news release. Stout is the 2020 recipient.

Stout arrived at Knox in 1981. A specialist in econometrics, statistics, and the economics of non-profits, Stout has been a regular contributor to Knox’s statistics program and instructor in the economics research course that is central to the experience of economics majors.

He has served on committees that examine the impact of an educational program, the consequences of a budgetary decision, or the benefits of a policy proposal and contributed statistical data in order to ensure thoughtful decisions.

Stout served for six years in the U.S. Air Force and was honorably discharged as a Vietnam veteran.

He earned his bachelor of arts from Wabash College, a master of arts in economics from Northwestern University and a Ph.D. in economics from Indiana University. While at Wabash, Stout majored in economics and minored in mathematics. He was an independent and member of the track and field team.