January 5, 2018 Larry Steinhauer, professor emeritus of economics and management, passed away on Christmas Day at his home in Albion, at the age of 75. A student of Nobel Prize-winning economist Milton Friedman, Steinhauer’s research and teaching focused on money, money systems and the Federal Reserve. Over his 32 years with Albion, he taught and mentored many successful Albion alumni, including some who have gone on to become Fortune 500 executives, entrepreneurs and leaders in a wide range of industries. A celebration-of-life service will be held at Goodrich Chapel on Saturday January 27, at 11 a.m.