He was a member of the Council on Foreign Relations,[1] and a recipient of the William F Butler Award from the National Association for Business Economics.
[8][9][10] Hale testified before U.S. congressional committees on domestic and international economic policy issues, advised the US Department of Defense, and conducted briefings for senior officials in the executive branch, including former President George W.
[13] He was also a regular guest on radio and television programs, in Europe,[14][15][16] Asia,[17] Australia[18][19][20] and the United States[21] Hale is a member of the National Association for Business Economics, New York Society of Security Analysts, National Business Economics Issue Council, Academic Advisory Board of the Federal Reserve Bank of Chicago, and Competitive Markets Advisory Council of the Chicago Mercantile Exchange.
[23] In September 1990, the New York chapter of the National Association of Business Economists conferred upon Hale, the William F. Butler Award, for making 'an outstanding contribution to the field'.
Other recipients have included Paul Volcker, Geoffrey Moore, Lawrence Klein, Alan Greenspan, and Otto Eckstein.