Despite recent improvements, Latin America remains the most unequal region in the world. Historically, one of the most important determinants of income and opportunity is access to land. In this seminar Dylan Fitz will discuss the justifications for land reform and the implementation challenges that reforms face. The discussion will draw on his evaluations of recent … Continue reading The Evolution of Land Reform in Latin America, Thursday at 4:30pm, Steitz 102
New look blog, new look department. Front (l-r): Hillary Caruthers, Marty Finkler. Back: Adam Galambos, David Gerard, Jonathan Lhost. This was taken before Professor Finkler’s Povolny Lecture, ““China Ranks Number One. Or Does It? Should We Care?”
In the years after World War II, Wisconsin leveraged its manufacturing base to keep its income per capita above that of its Minnesota rival. Since the 1960s, however, the pattern has reversed. Consequently, Minnesota now ranks among the states with income well above the US average while Wisconsin has fallen below this benchmark. In a … Continue reading Wisconsin vs. Minnesota – The Battle for Sustainable Economic Growth
The most recent iteration of the 2015-16 schedule is below and you can also find a slightly less updated one in Banner. The red bolded entries represent updates. Click here for non-garbled version. Fall 2015 Draft ECON 100 ● INTRODUCTORY MICROECONOMICS (Q) ● 1:50-03:00 MWF ● Jonathan Lhost ECON 208 ● SUSTAINABLE CHINA: ENVIR/ECON (G) ● … Continue reading Updated Schedule for 2015-16
Governor Walker signed “right to work” (RTW) legislation earlier this week, which it is fair to say has led to mixed reactions among the electorate. A Wall Street Journal piece touts the “right to work advantage,” whereas Slate.com teaser says “It has never been more painful and humiliating to be a Wisconsin Democrat.” Owie. (Curiously, the … Continue reading Right to Work
As you might guess, it all depends upon what one chooses to observe. A new article by Robert Shapiro pulls the pieces apart to show that median household income has not moved much since the 1970s; however, it varies greatly by age group and presidential regime. For example, 25 – 29 year olds in 1975, … Continue reading American Household Income Has Been Stagnant Since the 1970s or Has It?
Michael Greenstone, that is. One of our esteemed alums forwarded me the link to the eponymous “Which famous economist are you most similar to?” website, and yours truly — though I probably shouldn’t be telling you this — has landed atop Professor Greenstone, the University of Chicago energy economist and President Obama’s former Chief Economist for … Continue reading Be Like Mike?
For those of you who missed the talk this past Tuesday, here is University of Pittsburgh Professor Werner Troesken’s talk, “The Pox of Liberty: How the Constitution Left Americans Rich, Free, and Prone to Infection.” Here’s a link to the book from University of Chicago Press, and here is a draft of the introductory materials.
This bit of amusement is brought to you by the University of Oklahoma’s Kevin Grier. Federal Reserve Chair Ben Bernanke opposes a congressional rule that would require the Fed to follow a policy rule. “The Fed already has a rule,” Mr. Bernanke said during a panel discussion at the Brookings Institution’s Hutchins Center on Fiscal and Monetary … Continue reading Fed Chair Breaking All the Rules?
Dr. Erik Hallmann, CEO of Deprag Schulz Gmbh in Germany, will talk about the unique economic model built on medium-sized firms that is behind German economic success.