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The latest edition (8/2009) of our newsletter is now available. 2009 Undergraduate Honors Thesis presentations The 2009-2019 Paul Levinger Health Care Reform Roundtable Series presents a panel discussion on “Health Care Reform: How do we handle cost?” on Monday, November 9, 2009, 4:00-5:30 pm, MacMillan Hall, Room 117. Panel participants include Economics Professor Anna Aizer. A panel discussion on crime, prisons and reform in Providence was moderated by Glenn Loury on October 29,2009. The director of corrections in Rhode Island, A.T. Wall, and the Providence chief of police, Dean Esserman, were speakers. Glenn Loury’s book, ‘Race, Incarceration and American Values,’ (MIT Press, 2008) is reviewed in the November 19, 2009 issue of the New York Review of Books. Professor Martin Kolmar of University of Mainz, Germany, writes about the contribution of Herschel I. Grossman to political economy in his article in
European Journal of Political Economy Economics concentrator Tyler Rosenbaum '11 comments on the financial woes of Rhode Island. Economics concentrator Andrea Matthews '11 encourages continued engagement in national politics. Applied Math/Economics concentrator Dominic Mhiripiri ’12 comments on Obama's Nobel Prize. Rajiv Sethi of Columbia University, Glenn Loury of Brown University, and Sam Bowles of the Santa Fe Institute in New Mexico, have created a simple mathematical model for understanding the interaction between segregation and inequality. Economics concentrator, Fatima Aqeel ‘12, comments on Mayor David Cicilline’s ’83 proposal to tax Brown students. Glenn Loury has a conversation with Dayo Olopade from The Root about the role that race plays in opposition to President Obama. You can also hear an excerpt of their conversation on The New York Times website. Economics and Human Biology concentrator, Jake Heimark '10, says lowering taxes and improving the quality of public education will bring more companies to Providence, help solve our unemployment problem and put us on the right track toward long-term growth. In The Week in an article on the number of Americans in prison, Glenn Loury states “The current American prison system is a leviathan unmatched in human history." Economics senior Anish Mitra'10, welcomes first-years to campus. J. Vernon Henderson, Adam Storeygard and David N. Weil suggest using satellite pictures of light at night time as a proxy for measuring economic growth. Glenn Loury discusses race and the recent controversy over the arrest of a black Harvard professor, Henry Louis Gates Jr., by a white Cambrige, MA police officer in the Sunday NY Times. A group of Brown students has established and is staffing a new microfinance organization, The Capital Good Fund. As a microlender, they are dedicated to serving the community of Providence, Rhode Island, tackling poverty through entrepreneurship, innovative financing and other unique loan products and services. Loans are provided to local entrepreneurs seeking capital for income-generating activities and to immigrants interested in applying for legal permanent residency or citizenship. Key staff members include several economics concentrators: Lily Tran, Finances Director (Applied Math - Economics), Cristina Celis, Loan Officer (Economics), and Haley Jordahl, Community Partner coordinator for Immigration Loans ( Economics and Development Studies). Most countries follow international recommendations that require their banks to maintain capital ratios of at least 8 percent. But Ross Levine, professor of economics, suggests the ratio should be higher, since most countries now regard the minimum as the norm. Labor unions and the Ocean State have long been compatible. But Peter Howitt, professor of economics, says that may be changing since the current recession and the state’s efforts to create jobs are at odds with unions’ main goal of protecting wages. Brown Honor Thesis makes it into Freakonomics Blog. Economics concentrator Christian Ambrose Seale '09 is among 30 students and alumni receiving Fulbright grants for the 2009–2010 academic year.
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