Colorado State University and the College of Liberal Arts is committed to tackling the wicked problem of racism and exclusion. In this SOURCE story our own Dr. Guy Numa is one of three CLA professors highlighted. Numa stresses the importance of moving from discussion to action. He is a proponent for the creation of “baby bonds,” trust accounts that would be given to all newborns at birth, with larger amounts given to those in low-income families, to elevate the economic status of minority families.
We welcome a new face to the Economics Department this year, Assistant Professor Zachary Schaller!
Dr. Schaller earned his B.A. in Mathematics and Economics from Western Colorado University in 2015 and his doctorate in Economics from the University of California, Irvine in June 2020. Schaller’s research fields are applied micro-theory, labor economics, and economic history. His work so far focuses on American labor unions, using a combination of empirical methods and economic theory to understand the decline in union prevalence and bargaining power. His research is motivated by the increasing disparity between worker’s wages and labor productivity. He says, “As labor markets have become more polarized in the United States and much of Europe there is increasing evidence that real economic losses can stem from distributional issues. I wish to understand how these changes came about and how they have impacted people’s lives.”
Dr. Schaller will be teaching two sections of ECON 204, Principles of Macroeconomics, this fall semester. When asked about his teaching philosophy, Dr. Schaller said, “One of the wonderful things about economics is that it imparts such a useful way of thinking about the world. I hope that my students will take away not only enthusiasm for the discipline, but also a new language and a new lens through which they can view their jobs, majors, finances, politics, and communities.” He hopes to arm his students with the quantitative literacy and strategic thinking ability they need to navigate complex social issues, such as racism, climate change, poverty, health care, and inequality.
We are thrilled to have Dr. Schaller join our amazing team of faculty members!
The Economics Department office will be operating remotely until further notice. Normal office hours will be in effect Mondays thru Fridays: 7:30 am-12:00 pm and 1:00-4:30 pm (MST).
The office staff may be reached at 970-491-6324 or via email: CLA_Economics@colostate.edu
If you need assistance from any other faculty or staff, you are welcome to contact them directly via email. You can view our department’s website for contact information: https://economics.colostate.edu/people/
We are here to help! Stay well! #RamsTakeCareOfRams 🐏
The Winter 2019/Spring 2020 edition of the CLA Magazine is now available for your viewing pleasure! The Liberal Arts Magazine showcases stories from faculty, students, and alumni on universal topics. In this issue, we apply the lenses of the liberal arts to place and space. Our department’s article highlights the work of Professor Stephan Weiler and REDI.
Identifying rural solutions to urban needs, and vice versa, has been a big part of Professor Weiler’s work for decades. With the Regional Economic Development Institute, Weiler and others are examining the many ways to bridge the urban-rural divide. Whether it’s malting barley, charter school supply and demand, or poverty and incarceration, rural and urban communities can learn from and benefit one another and provide opportunities for more people to succeed.
Professor Ed Barbier is featured as one of the best-known environmental economists in the world in this article posted on Euromoney.com.
Edward B. Barbier is a Professor in the Department of Economics, Colorado State University and a Senior Scholar in the School of Global Environmental Sustainability. His main expertise is natural resource and development economics as well as the interface between economics and ecology. He has consulted for a variety of national, international and non-governmental agencies, including many UN organizations, the World Bank and the OECD. He has authored 300 peer-reviewed journal articles and book chapters, written or edited 24 books, and published in popular journals. Barbier is a Fellow of the Association of Environmental and Resource Economists and is consistently ranked among the top cited environmental economists globally. Google Scholar lists him as currently having nearly 50,000 citations, including 20,000 since 2013.
The 2019 Celebrate! Colorado State Awards, held on May 9th, recognized more than 60 people from across the university, among them Economics Department Professor Ed Barbier.
Barbier was awarded the title of University Distinguished Professor, CSU’s highest academic recognition.
“Dr. Barbier’s career record clearly ranks him among the most outstanding members of his discipline,” Dean Ben Withers wrote in a letter endorsing Barbier’s nomination. “The letter of nomination provided by his faculty colleagues clearly outlines the global disciplinary and interdisciplinary image of his work, beginning with his seminal 1989 publication Blueprint for a Green Economy, and extending to the recent publication of his influential policy papers in the journals Science and Nature.”
Barbier was nominated by Professor and Senior Associate Dean Alex Bernasek, Professor and Chair Elissa Braunstein, Associate Professor Terrence Iverson and Associate Professor Sammy Zahran.
“Professor Barbier has had a long and distinguished career in environment, natural resource and development economics,” they wrote in their nomination. “He originated some of the earliest economic approaches to ‘sustainable development,’ publishing path-breaking work in this area in the 1980s. Professor Barbier’s continuing excellence of achievements and contribution places him among the top of his discipline: He is consistently ranked among the most highly cited environmental economists and among the top 5% of all economists by citations. He is also listed as one of the 50 most influential scholars on sustainability, according to Cambridge University’s Institute of Sustainable Leadership.”
Among his most recent accomplishments are a May 2018 Science article, “How to pay for saving biodiversity,” co-authored with CSU colleagues Joanne Burgess, assistant professor of economics, and Thomas Dean, a management professor. In January, he wrote an article titled “How to make the next Green New Deal work” for Nature, in which he commented on the recent proposal for a Green New Deal from Congresswoman Alexandria Ocasio-Cortez. His new book, The Water Paradox: Overcoming the Global Crisis in Water Management, was published by Yale University Press in February.
Barbier received his undergraduate degree in economics and political science from Yale University, his M.Sc. in economics from the London School of Economics and Political Science, and his Ph.D. in economics from the University of London. He joined CSU in 2017 from the University of Wyoming. Barbier received CSU’s 2018 Scholarship Impact Award.
Professor Stephan Weiler is on sabbatical this semester and has been visiting the University of Birmingham in the United Kingdom as a Fulbright Distinguished Research Chair. Weiler is working on furthering the partnership between REDI@CSU and City-REDI. He has been asked to write a series of blog posts introducing himself, explaining how this partnership was developed, and what his Fulbright Scholarship will entail for City-REDI, the West Midlands, and other evolving regions across around the globe.
You can find the first blog of the series here: https://blog.bham.ac.uk/cityredi/meet-professor-stephan-weiler-fulbright-distinguished-research-chair-at-the-university-of-birmingham/
A new study by Professors Sammy Zahran, Dave Mushinski, and Cher Li has found that the quantity of delivery complications in hospitals are substantially higher during nights, weekends and holidays, and in teaching hospitals. The study, “Clinical capital and the risk of maternal labor and delivery complications: Hospital scheduling, timing and cohort turnover effects,” was published in Risk Analysis: An International Journal. They analyzed more than 2 million cases from 2005 to 2010, using detailed data obtained from the Texas Department of State Health Services.
The results of the study suggest that:
- The odds of a mother experiencing a delivery complication are 21.3 percent higher during the night shift, and the odds of a delivery complication increase 1.8 percent with every hour worked within a shift.
- A mother delivering an infant on a weekend is 8.6 percent more likely to encounter a complication than a mother delivering on a weekday.
- Births occurring on holidays are particularly susceptible to labor or delivery complications, with holiday births being 29 percent more likely to have a complication.
Read the SOURCE story here.
This story was picked up by the New York Times March 4th: https://www.nytimes.com/2019/03/04/well/family/hospital-pregnancy-childbirth-delivery-complications.html
In a piece written by Professor Ed Barbier and published earlier this week (February 26, 2019) by The Conversation titled, “America can afford a Green New Deal – here’s how,“ Barbier argues that a Green New Deal is not unaffordable. Barbier provides expert insight on what a Green New Deal could cost and how the United States would pay for it.
The Conversation article can be found here: https://theconversation.com/america-can-afford-a-green-new-deal-heres-how-111681
Barbier also authored an article for Nature, International Journal for Science, in January 2019 titled “How to make the next Green New Deal work.” That write-up can be found here: https://www.nature.com/articles/d41586-018-07845-5
Barbier’s latest book, The Water Paradox: Overcoming the Global Crisis in Water Management, is now available for purchase through Yale University Press and all other online booksellers.
In a special weekly series, the College of Liberal Arts is featuring a faculty member from one of our 13 departments. We asked questions about why they are passionate about the subjects they study and teach, and how they found their path to CSU.
Friday September 14th’s Faculty Friday article features our very own Professor and Undergraduate Coordinator Nancy Jianakoplos!
1. What inspired your interest in economics?
I like studying and teaching economics because it is an essential part of everyone’s life. Economics is everywhere! Learning about how an economy works and how policies might make an economy work better can contribute to making the world a better place. Much of my research in economics has focused on household wealth accumulation and saving for retirement. In particular, I have looked at how financial investment decisions can differ between men and women—if a wife earns more than a husband—or for different generations of households—Boomers versus Gen X, for example. Differences in financial decision making can produce differences in economic well-being. I care about economic well-being!
2. Which class is your favorite to teach and why?
I enjoy my senior seminar in sports economics (ECON 492) the most. I get to work closely with the seniors, many of whom are very interesting and intelligent young people with exciting ideas. Most of the students are interested in sports so they work really hard to get the economic and quantitative analysis in their senior projects right. It is very satisfying to watch students recognize the power of economic theory and quantitative methods to shed light on how the world works.
3. What did you want to be when you were little?
When I was 10 years old, I decided I wanted to be President of the United States. I wrote in all four of my college application essays that I wanted to be president and that I needed the best education possible to prepare me for the job. Therefore, I needed to be admitted to that college. I was accepted at three out of the four! In college, I learned that the Federal Reserve has almost as much impact on the world as a president, convincing me to change my major from political science to economics.
4. How did you get to CSU?
I was moving from Michigan to Colorado to be with my husband-to-be. I received job offers from the economics departments at Metro State in Denver and from Colorado State University. Metro paid more, but CSU had a football team. I came to CSU for the color and pageantry of college football.
5. What is one thing students would be surprised to learn about you?
I love the Teletubbies! I have over 500 Teletubbies in various sizes. Small versions of Tinky Winky, Dipsy, Laa Laa, and Po travel with me attached to my purse, briefcase, or backpack. I take pictures of Teletubbies wherever we go. The Teletubbies have been to Machu Picchu in Peru, the Great Barrier Reef in Australia, Anghor Wat in Cambodia, and beyond. They even have a brick at the new stadium!