The Visiting Committee held their Summer Social event on July 20th aboard the Virginia V Steamer, hosted by Tom and Carol Olson. This annual event celebrates the VC for all their hard work and dedication to the department. There was a lot to celebrate this year – not only did the Visiting Committee raise the most funding to date in the 2016-2017 academic year, but they also had the highest rate of donor participation since their founding.
The decline in US manufacturing has become an increasingly hot-button political issue in recent years, but for 5th year PhD student Guillermo Gallacher, investigating this decline is also the ticket to earning a $15,000 doctoral grant from the Washington Center for Equitable Growth.
The Department of Economics is happy to announce that Professor Yoram Barzel has been awarded the 2017 Elinor Ostrom Lifetime Achievement Award by the Society for Institutional & Organizational Economics. The award was presented to Professor Barzel on June 24th at their 21st Annual Conference in New York, hosted by Columbia University.
Graduation marks a major turning point in students' lives, and to celebrate and honor their achievements, over 900 students, faculty, alumni, family members, friends, staff, and Visiting Committee members packed into the HUB Ballroom on June 6. Distinguished alumna Gita Gopinath (MA '96), currently the John Zwaanstra Professor of International Studies and of Economics at Harvard University, gave the keynote address.
In early May, the Department of Economics was delighted to host Nobel Laureate Alvin Roth for The Milliman Endowed Lecture. His talk, entitled, “Markets and Marketplaces: The New and Not So New Economics of Market Design,” was attended by over 150 faculty members, alumni, and economics and business students alike. Students in particular responded to his talk, stating that it was a great example of the use of economics models in every field of work.