The Tennessean: Consumer growth, biofuels are factors Kathryn Anderson, professor of economics, wrote this opinion piece explaining recent food price inflation.

The Tennessean: Here comes the tax rebate Stephen Buckles, professor of economics, is quoted in this article that examines how some Middle Tennessee residents plan to utilize their federal tax rebates.

The Tennessean: Benefits outweigh American job losses Eric Bond, Joe L. Roby professor of economics, writes this op-ed about free-trade agreements with Panama, Colombia and South Korea.

WSMV, Channel 4, included a report on Vanderbilt graduate students who will be participating in a Project Pyramid trip to India in an effort to learn how to alleviate poverty. While in India, the group will meet with Vanderbilt alumnus Muhammad Yunus, who shared the 2006 Nobel Peace Prize with the Grameen Bank.

 Vanderbilt business, economics, divinity, and education students combine forces to find ways to alleviate global poverty

 The Wall Street Journal: Daytona spins other winners Private-equity firms with large stakes in automotive companies received a nice advertising boost during the Daytona 500. John Vrooman, senior lecturer in economics, is quoted.

The Tennessean: Tennessee poverty rate rises more quickly than U.S. rate James Foster, professor of economics, is quoted in this article about the rising rate of poverty in Tennessee.

Men’s Health: All your health worries solved The idea that men don’t worry about their health is a myth: They just worry about the wrong things. Kip Viscusi, University Professor of Law, Economics and Management, is quoted on the reason why.

The Washington Post: Taking on the economics of gender inequity Economics professor Graciela Chichilnisky is embroiled in a bitter 16-year fight, including two lawsuits and a countersuit, against Columbia University, where she teaches. She says she has been a victim of sex discrimination.

The Tennessean: Established towns boast financial stability Growing suburbs find stability in a combination of fees, levies, and taxes. Malcolm Getz, associate professor of economics, is quoted.

The San Jose Mercury News: Economists find fault with 49ers' offer to city A year after the San Francisco 49ers began courting Santa Clara as the next home of the franchise, questions linger about the team's promise to limit the city's financial burden. John Vrooman, senior lecturer in economics, is quoted.

Portfolio.com: The real cost of smoking Every pack of cigarettes that an adult male smokes knocks off $222 from the value of that man's life, according to W. Kip Viscusi, University Distinguished Professor of Law, Management, and Economics, and Joni Hersch, professor of law. (Online only).

The Tennessean: Nashville airports boast wide economic impact The Nashville International Airport and John C. Tune Airport support about 5 percent of all Nashville jobs, according to a study commissioned by the Metro Nashville Airport Authority. John Siegfried, Alexander Heard Distinguished Service Professor of Economics, is quoted.

The Tennessean: Spring Hill rode housing boom to prosperity; now it's in a bind  A decline in new construction and the revenue that accompanies it are causing financial worries in Spring Hill, costing the city thousands and compounding problems caused by a recent $3 million budget shortfall that hasn't been fully explained. Malcolm Getz, associate professor of economics, is quoted.

NPR’s “Marketplace” interviewed John Vrooman, senior lecturer in economics, about an NFL expansion outside of the U. S. A link for a transcript and recorded version of the broadcast can be found here.

The Tennessean: Leipold cashes in: Owner stands to make a windfall on Predators' saleWhile Nashville officials and the would-be owners of the Nashville Predators struggle to reach new terms for an arena lease, owner Craig Leipold stands to walk away from it all with more than $30 million. John Vrooman, senior lecturer in economics, is quoted. Click here to read article.

UQ News Online--World-leading economist to visit UQ World-leading economist Professor Myrna Wooders will next week present a half-day workshop hosted by UQ’s School of Economics at the St Lucia campus. Click here to read article.

The Houston Chronicle--Baylor, Rice find ways to play on An article about how the breakup of the Southwest Conference affected two Texas universities’ sports programs. John Vrooman, senior lecturer in economics, is quoted.

The Tennessean-- State fares poorly in poverty, income Tennessee has the eighth-highest poverty rate, and the state's residents are the ninth-lowest income earners in the nation. Jeremy Atack, a professor of economics, is quoted.

The Tennessean-- Campaigns blend old, new ways to get out vote The campaigns of Nashville's mayoral candidates are in get-out-the-vote mode. They're standing on street corners during morning drive time, picking up trash in neighborhoods and contacting voters by e-mail, snail mail, voice mail and any other way they can dream up. Malcolm Getz, professor of economics, is quoted.

In Leegin Creative Leather Products v. PSKS dba as Kay's Kloset, the U.S. Supreme Court on June 28, 2007 in a 5-4 decision overruled a 100 year old antitrust law precedent concerning minimum resale prices. In the decision, the Court recognized that there are sometimes pro-competitive inter-brand effects of setting resale prices sufficiently high so that retailers enjoy larger margins that they can invest in promoting especially a new brand, and that these effects sometimes outweigh the diminution of intra-brand competition that necessarily accompanies a fixed resale price of a manufacturers product. Consequently, the Court decided that resale price maintenance cases should be decided on a case-by-case rule-of-reason approach that balances the pro- and anti-competitive effects of the practice, rather than on the prior 100 year old precedent that resale price maintenance is per se illegal regardless of its benefits. The Vanderbilt Ph.D. thesis of Thomas Overstreet (Resale Price Maintenance: Economic Theories and Empirical Evidence, 1983) was cited in the majority decision three times and in the dissent once. Overstreet's thesis committee included John Siegfried (chair), George Sweeney, and Fred Westfield. Overstreet is employed by Charles River Associates, and economic consulting firm that does antitrust consulting.

Business TN-- Abacus and Scales: Two world-class professors start a program integrating economics and law at Vanderbilt--The Vanderbilt Law School is the first in the United States to afford students the opportunity to earn a J.D. and a Ph.D. in law and economics in an integrated program housed at one school. Kip Viscusi, University Distinguished Professor of Law, Management and Economics, is quoted.

KCBCentral (Kansas City)-- An Arena Without a Team--Kansas City has built an arena hoping to attract a professional team, but has had no luck so far. John Vrooman, senior lecturer in economics, is quoted.

THE TENNESSEAN Tennessee Voices: Savvy businessman would keep Preds in town --John Vrooman, senior lecturer of economics, writes this opinion piece about the business advantages to having the Predators hockey team in Nashville.

THE WALL STREET JOURNAL--A NEW BALLGAME Local boosters have long pitched new stadiums for professional sports teams as economic-development tools, even while academic research shows they are nothing of the sort. John Siegfried, professor of economics, is quoted.

THE TENNESSEAN--PREDATORS' EXIT COULD TARNISH NASHVILLE'S BIG-LEAGUE LUSTER Losing the Predators would not mean the end of Nashville's big-league image. But it would deal a substantial blow to the city's ability to attract sports teams, corporations and other events, say civic leaders, businesspeople and other observers. John Vrooman, senior lecturer of economics, is quoted.
http://www.tennessean.com/apps/pbcs.dll/article?AID=2007705270404

MUHAMMAD YUNUS TELLS VANDERBILT SENIORS TO HELP END POVERTY
Click here to view the article and streaming archive of speech.

VANDERBILT'S GRADUATE PROGRAM IN ECONOMIC DEVELOPMENT: PRODUCING
MOVERS AND SHAKERS FOR HALF A CENTURY--The program at Vanderbilt University that helped give Muhammad Yunus to the world is a small but mighty wonder. The Graduate Program in Economic Development (GPED) has been producing ambassadors, finance ministers and heads of central banks around the world for 50 years. To view article, click here.

THE TENNESSEAN--COLLEGES KNOCK US NEWS--The administrators of a dozen or so small liberal arts colleges are circulating a letter asking their colleagues not to promote the U.S.News and World Report college rankings when they come out this year, citing displeasure with the magazine's methods. Malcolm Getz, associate professor of economics and author of a new book on the rankings, is quoted. The story also ran in small middle Tennessee newspapers.
http://www.dicksonherald.com/apps/pbcs.dll/article?AID=/20070325/NEWS04/7032

VU News (NASHVILLE, Tenn.)--MUHAMMAD YUNUS TO RECEIVE VANDERBILT’S NICHOLS-CHANCELLOR’S MEDAL; 2006 NOBEL PEACE PRIZE WINNER WILL SPEAK DURING SENIOR CLASS DAY MAY 10. Vanderbilt University will award its second Nichols-Chancellor’s Medal and $100,000 prize on May 10 to Muhammad Yunus, a Vanderbilt alumnus and winner of the 2006 Nobel Peace Prize. To view article, click here.

VU News (NASHVILLE, Tenn.)--VANDERBILT ECONOMIST JAMES FOSTER TO BE HONORED IN MEXICO-–A Vanderbilt University economist whose work on anti-poverty measures is one of the foundations of Mexico’s “Oportunidades” program to help the poor will be honored this month in that country.

James E. Foster, professor of economics and senior fellow at Vanderbilt’s Institute for Public Policy Studies, will receive a rare Honorary Degree of Doctor Honoris Causa from the Autonomous University of the State of Hidalgo. In the 135-year history of the university, only six others have received the honor for “professors and researchers for their … science working toward the improvement of the living conditions and welfare of mankind.”

Foster will be presented the honorary degree on Feb. 23 at the university.

“I feel incredibly honored by this,” Foster said. “How nice that people who I’ve never met have read my work and feel that it’s worth noting.”

The “Progresa” program in Mexico, now called “Oportunidades,” was crafted by Mexican economist Santiago Levy, who used Foster’s system of measuring poverty to identify the correct participants for his program.

Levy instituted a system to pay poor families to keep their children in schools and take them to health clinics for health care. The program has proven so successful that 25 countries have adopted versions of it, and Mayor Michael Bloomberg is considering offering similar incentives to the poor in New York City. http://www.vanderbilt.edu/news/releases/2007/2/15/vanderbilt-economist-james-foster-to-be-honored-in-mexico

THE TENNESSEAN--ECONOMICS EXPERT HAS A WAY THAT THE SOUNDS BALLPARK COULD WORK FOR ALL This opinion piece written by John Vrooman, senior lecturer of economics, suggests making the cost of the new stadium closer to a 50/50 split between the Nashville Sounds baseball team and the public.
http://tennessean.com/apps/pbcs.dll/article?AID=/20070207/OPINION03/702070429/1054

THE INDIANAPOLIS STAR--ENOUGH BUCKS FOR THE BANG? Any city that hosts a Super Bowl can expect an economic impact. Experts just differ on how much. John Vrooman, senior lecturer of economics, is quoted. http://www.indystar.com/apps/pbcs.dll/article?AID=/20070201/LOCAL/702010435/-1/topstoriesrecache

THE DECATUR DAILY (AL.)--TIDE SET NEW STANDARD ON SABAN SALARY The only difference between Alabama’s hiring of Nick Saban recently and other schools’ hiring of coaches is that the Crimson Tide stepped in and paid top dollar ? almost twice the accepted average. John Vrooman, senior lecturer of economics, and David Williams, vice chancellor for university affairs, are quoted. http://www.decaturdaily.com/decaturdaily/sports/070129/salary.shtml

THE ASSOCIATED PRESS--STUDY OF IMMIGRANTS LINKS LIGHTER SKIN AND HIGHER INCOME Light-skinned immigrants in the United States make more money on average than those with darker complexions, and the chief reason appears to be discrimination, a researcher says. Joni Hersch, a professor of law and economics at Vanderbilt, looked at a government survey of 2,084 legal immigrants to the United States from around the world and found that those with the lightest skin earned an average of 8 percent to 15 percent more than similar immigrants with much darker skin. The story was published in The New York Times and other newspapers and Web sites across the country. http://www.nytimes.com/2007/01/28/us/28immig.html

INSIDE HIGHER EDUCATION--THE DISMAL AND UNWELCOME SCIENCE? The American Economic Association’s board will meet next month to consider changing its policies about not including references to affirmative action groups on job listings. John J. Siegfried, The Alexander Heard Distinguished Service Professor of Economic and Secretary-Treasurer of the American Economic Association, is quoted. http://www.insidehighered.com/news/2006/12/13/econ

THE DAILY TIMES (Pakistan)--GOVT APPOINTS ACTING CHIEF ECONOMIST --The government has given Dr. M. Shaukat Ali Niazi, a grade 21 economist and former economic adviser to the Saudi Arabian Monetary Agency, the acting charge of the Planning Commission chief economist post. Niazi has a Ph.D. in economics from Vanderbilt. http://www.dailytimes.com.pk/default.asp?page=2006%5C12%5C06%5Cstory_6-12-2006_pg7_27

The Southern Economic Association selects Professor Steve Buckles to be the recipient of the Kenneth G. Elzinga Distinguished Teaching Award--The Kenneth G. Elzinga Distinguished Teaching Award from the Southern Economic Association annually honors one or more faculty members for outstanding contributions to economics education. The award will be presented at the 76th Annual Meeting of the SEA, to take place Nov.18-21 in Charleston, SC.
Conference link: http://www.etnpconferences.net/sea/sea1106/  Ken Elzinga, Robert C. Taylor Professor of Economics at the University of Virginia,--first recipient of the Cavaliers’ Distinguished Teaching Professorship--is widely recognized as one of the most accomplished, effective, and influential educators in the economics profession during a distinguished teaching and research career at the University of Virginia that has spanned over 35 years. Ken is creative and versatile in the classroom sharing his thoughts effectively with large groups of students studying the principles of economics, and using the Socratic Method when working with students in a more advanced setting. He is a pioneer in the use of literature to explore economic reasoning which led to his writing murder mysteries that can be solved by careful economic analysis. Ken’s style of instruction and commitment to helping students develop and understanding of and appreciation for economic reasoning and insights serve as an inspiration for economic educators, so it is fitting for exemplary economic educators to be honored with an award in his name.

FORBES.COM--BASEBALL'S SHOPPING SEASON--John Vrooman, senior lecturer on economics, is quoted. (http://www.forbes.com/2006/11/10/baseball-free-agents-biz-cx_mw_1111baseball.html)

THE WASHINGTON POST--BANGLADESHI ECONOMIST, GRAMEEN BANK WIN NOBEL PEACE PRIZE--Bangladeshi economist Muhammad Yunus, whose system of micro-credit loans reshaped development efforts in poor nations, won the Nobel Peace Prize today, along with the bank he founded. Yunus received his Ph.D. in economics from Vanderbilt in 1971. Coverage of the award also appeared on the Web sites of The New York Times, USA Today, Bloomberg, The Chronicle of Higher Education and a host of others across the country.
(http://www.washingtonpost.com/wp-dyn/content/article/2006/10/13/AR2006101300211.html)

Pittsburgh Post Gazette The biggest question facing the league [hockey]-- one with a sport considered, at best, fourth in line in North America at the pro level behind football, baseball and basketball -- is whether it has hit or is close to hitting its ceiling as a business. "The national revenue outlook [for the future] is not good," said John Vrooman, an economics professor at Vanderbilt University who closely follows sports economics. "There's not much room for the NHL teams beyond luxury seat money, concessions and advertising from new arenas. To read the full article click here (http://www.post-gazette.com/pg/06277/727161-61.stm)

Harvard University Press will release a new book by Vanderbilt Associate Professor Malcolm Getz in the Spring of 2007. Investing in College: A Guide for the Perplexed by Malcolm Getz (Cambridge, MA: Harvard University Press, forthcoming Spring 2007)
College education is one of the most important investments a family will make. But between the viewbooks, websites, insider gossip, and magazine rankings, students and their worried parents face a dizzying array of options. What do the rankings really mean? Is it wise to choose the most prestigious school a student can get into? What are the payoffs of higher education and, by the way, how do we pay for them?
In a unique approach to these conundrums, an economist and award-winning teacher walks readers through the opportunities, risks, and rewards of heading off to college. Warning against the pitfalls of numerical rankings, Malcolm Getz poses questions to guide a student toward not necessarily the best college but the right one. Famous professors suggest quality—but do they teach undergraduates? Are smaller classes always better? When is a state university the best deal around?
In a concise overview of decades of research, Getz reviews findings on the long-term returns of college education in different careers, from law to engineering, from nursing to financial management. Sorting through personal, professional, and institutional variables, he helps families determine when paying $40,000 a year might make sense, and when it merely buys an expensive rear window decal. He breaks down the formidable admissions game into strategies to improve the odds of acceptance, and he offers tips on tax breaks, subsidized loans, federal grants, 529 accounts, merit scholarships, and much more.
Shrewd and sensible, Investing in College is an invaluable resource and a beacon of sanity for college-bound students and the families who support them.

THE MERCURY NEWS--FLAWED METHOD USED TO ESTIMATE FINANCIAL BENEFIT--(San Jose, Calif.)--Among promoters and city politicians attempting to justify a taxpayer subsidy for a car race, it's become gospel that last year's San Jose Grand Prix produced nearly $42 million in economic impact for the city. But a look at how San Jose officials produced that figure shows significant weaknesses in their methodology. John J. Siegfried, professor of economics, is quoted. http://www.mercurynews.com/mld/mercurynews/news/local/15104687.htm

RADIO ECONOMICS interviewed John J. Siegfried, professor of economics, on the process of getting a Ph.D. in economics. The interview is available in podcast format at the following link: http://www.acidplanet.com/artist.asp?xml=1&podcast=1033%7C2

THE WALL STREET JOURNAL--Encouraged by a building boom since the early 1990s in which major cities built new sports facilities for their professional teams, municipalities are raising money by such means as issuing bonds or imposing taxes to finance the building of new arenas in hopes of energizing their economies. A report on sports facilities co-authored by John J. Siegfried, professor of economics, and published in 2000 in the Journal of Economic Perspectives is mentioned. THE WALL STREET JOURNAL IS A SUBSCRIPTION-ONLY SITE.

CITY PAPER--Nashville's labor market outperforms rest of nation
Nashville’s labor market continues to outperform the national market, with the local construction sector specifically leading in prospective growth, according to results of a recent employer survey. Bill Collins, associate professor of economics, is quoted. To read the full version of this article,
click here: http://www.nashvillecitypaper.com/index.cfm?section=10&screen=news&news_id=50408

VANDERBILT REGISTER--Graduate student honored with Robert Wood Johnson fellowship
A Vanderbilt doctoral student whose research has examined the relationship between Head Start and its long-term impact on participants’ health has been named a Robert Wood Johnson Scholar in Health Policy Research. David Frisvold, who will receive his doctorate in economics in May, will spend the next two years at the University of Michigan learning more about the health policy-making process while continuing to conduct relevant research analysis under the guidance of distinguished faculty mentors. To read the full version of this article,
click here:http://www.vanderbilt.edu/register/articles?id=26057

The ECONOMIST--In a league of its own: America's National Football League offers a business lesson to other sports. John Vrooman, senior lecturer on economics, is quoted. http://www.economist.com/business/displaystory.cfm?story_id=6859210

VANDERBILT REGISTER--W. Kip Viscusi and Joni Hersch, law and economics scholars at Harvard Law School, will join the Vanderbilt faculty later this year as the law school launches the first program of its kind - a Ph.D. in law and economics. http://www.vanderbilt.edu/register/articles?id=24249

SEATTLE TIMES--Thousands of loyal Seahawks fans just won the lottery. The question is: Do they follow their hearts, or their wallets? John Vrooman, senior lecturer on economics, is quoted. http://seattletimes.nwsource.com/html/sports/2002758219_ticketsxl24.html

THE CHRONICLE OF HIGHER EDUCATION--Though economics is less prone to navel gazing than are other social sciences, two sessions at the annual meeting of the American Economic Association held this month in Boston assessed the health of the field. John J. Siegfried, professor of economics, and T. Aldrich Finegan, professor of economics, emeritus, are mentioned.
http://chronicle.com/weekly/v52/i20/20a02402.htm

CITY PAPER--Nashville business and academic professionals are pleased with the nomination of Ben Bernanke to the chairmanship of the Federal Reserve and expect few changes to the nation’s economic policy if the Senate confirms him. Peter Rousseau, associate professor of economics and vice chair of the department, is quoted. http://www.nashvillecitypaper.com/index.cfm?section_id=10&screen=news&news_id=45463

American and Israeli Share Nobel Prize in Economics
By LOUIS UCHITELLE NY Times Article Published: October 11, 2005
Robert J. Aumann and Thomas C. Schelling won the Nobel Memorial Prize in Economic Science yesterday for their work in game theory, which explains the choices that competitors make in situations that require strategic thinking.
Their work has helped to illuminate the dynamics in labor negotiations, business transactions and arms negotiations, among other situations. An article that Mr. Schelling wrote prompted the director Stanley Kubrick to make the movie "Dr. Strangelove," consulting with Mr. Schelling during the filming.
The Royal Swedish Academy of Science announced in Stockholm that Mr. Aumann, 75, an Israeli who teaches at the Hebrew University of Jerusalem, and Mr. Schelling, 84, an American who is a professor emeritus at the University of Maryland, had been honored "for having enhanced our understanding of conflict and cooperation through game-theory analysis."
The two men will share a $1.3 million prize.
The winners were a surprise. Neither man's name figured in the speculation concerning who this year's winners might be, and game theory has not been recognized in the Nobel awards since 1994, when three scholars, John F. Nash Jr., John C. Harsanyi and Reinhard Selten, shared the prize. The Nobel judges said that the work of Mr. Schelling and Mr. Aumann "was essential in developing noncooperative game theory further and bringing it to bear on major questions in the social sciences."
Game theory departs from mainstream economics, which assumes that people behave rationally and act independently of one another. Game theorists assume that in a given situation people are affected by what other people do or what they imagine others will do, particularly when their goals are conflicting.
From a game theorist's point of view, for example, the Oslo accords negotiated between the Palestinians and the Israelis were a success in part because the negotiations proceeded in small steps. Each side made small concessions and the other reciprocated, but neither would make a big concession. In the case of a big concession, there could be considerable damage if the other side did not reciprocate.
"The Oslo peace process was this process of doing little things over a period of time," said Avinash Dixit, a Princeton University economist.
Mr. Aumann and Mr. Schelling worked in different areas of game theory, with Mr. Schelling, an economist, building a reputation as a big-picture thinker and Mr. Aumann, a mathematician, becoming known as a master technician who developed formal techniques for analyzing real-world behavior.
"Robert Aumann is a genuine game theorist," Mr. Schelling said in a phone interview, "while I am just a user of game theory when I find it helpful."
Because the Nobel prize committee had a wrong telephone number for Mr. Schelling's home in Bethesda, he did not receive the news until moments before it was announced at 7 a.m. yesterday.
At a news conference in Jerusalem, Mr. Aumann said that he was also surprised, and moved.
"This prize is not just for me," he said. "It is for the entire school of thought that we have developed here in Israel, turning Israel into the leading authority in this field."
Mr. Aumann, who was born in Frankfurt and fled with his family to New York in 1938, was educated at City College of New York and the Massachusetts Institute of Technology, where he received his doctorate in 1955. Almost immediately, he emigrated to Israel, joining Hebrew University, where he has spent his entire career. He and his wife, Esther, who died seven years ago, had five children, one of whom, Shlomo, was killed in Lebanon in 1982 while serving in the Israeli army.
Mr. Schelling's professional life was more nomadic. Born in Oakland, Calif., he was educated at the University of California, Berkeley, and then mixed graduate school and diplomacy. While he was still working on his doctoral thesis for Harvard in the late 1940's and early 1950's, he worked as a government economist - in Washington and Europe - helping to carry out the Marshall Plan and to negotiate international agreements. He joined the Harvard faculty in 1958 and shifted to the University of Maryland in 1990. He and his wife, Alice, have six children.
His best-known work, "The Strategy of Conflict," published in 1960, reflected his government work. It argued that nations, companies or individuals bargain in the context of conflicting and common interests and they bargain most effectively when they take these into account. "It was my effort to cope with practical problems like arms control through a style of analysis that could be called game theory," he said.
A magazine article he wrote in 1960 brought him attention. The theme was accidental war, and Mr. Schelling reviewed three fictional accounts of nuclear disaster, one of them the novel "Red Alert" by Peter George. The article caught Mr. Kubrick's eye and he turned "Red Alert" into "Dr. Strangelove."
In the movie, neither the Soviet premier nor the American president wanted a nuclear conflagration, but that happened because neither had full knowledge of the other's situation and intentions. The Soviets, for example, had an automated nuclear device, unbeknown to the Americans. "One obvious point in the Strangelove movie was that the Soviet doomsday thing was not a deterrent," Mr. Schelling said, "when the other side did not know in advance that it existed." That was the game theory insight.
"By the time the movie came out, there was a hot line in place between Moscow and Washington," Mr. Schelling added. "When 'Red Alert' was published, there was no hot line."

NASHVILLE BUSINESS JOURNAL--CBRL Group Inc. executives are looking at their industry's uncertainties and difficult times as a temporary hiccup, despite an environment that's putting a lid on consumer spending. Kathryn Anderson, associate professor of economics, is quoted. http://www.bizjournals.com/nashville/stories/2005/10/03/story5.html

THE TENNESSEAN--Small-business owners in Davidson County say their businesses offer high-quality, one-of-a-kind products and services that larger businesses can't match. Malcolm Getz, associate professor of economics, is quoted. http://tennessean.com/apps/pbcs.dll/article?AID=/20050923/COUNTY01/509230370/1123

Corporate freedom leads to economic success, according to Bush adviser Wherever business has the freedom and flexibility to respond to an open marketplace, prosperity soon takes hold, said Allan Hubbard, a Vanderbilt alumnus and economic adviser to President George W. Bush, during a lecture Thursday evening. http://www.vanderbilt.edu/register/articles?id=22089

THE HOT MAJOR FOR UNDERGRADS IS ECONOMICS WALL STREET JOURNAL--U.S. colleges and universities awarded 16,141 degrees to economics majors in the 2003-2004 academic year, up nearly 40% from five years earlier. Research by John J. Siegfried, professor of economics, is featured. http://online.wsj.com/article_email/0,,SB112052978616277054-INjf4Nglad4oZuoaXSGaaqGm5,00.html

At its annual conference Friday, June 3rd through Sunday June 5th, 2005, the Cliometrics Society awarded Jeremy Atack the "Clio Can" prize. It is an annual award that acknowledges sustained and significant contributions to the field of economic history.

THE WASHINGTON POST--Some land owners find it hard to sell their property due to its history, despite its accumulated market value. Robert A. Margo, professor of economics, is quoted.
http://www.washingtonpost.com/wp-dyn/content/article/2005/05/14/AR2005051401207_pf.html

THE TENNESSEAN--As Congress and the White House wrestle with President Bush's proposal to open the federal pension system up to personal accounts, the stakes are high in Tennessee and around the country. Malcolm Getz, associate professor of economics, comments.
http://tennessean.com/government/archives/05/03/68589055.shtml?Element_ID=68589055

IMF names Saleh Nsouli as new Director of the Offices in Europe ©1994-2005 M2 COMMUNICATIONS LTD--Ms. Anne Krueger, Acting Managing Director of the International Monetary Fund (IMF), has named Saleh Nsouli, a national of the United States, as Director of the IMF's Offices in Europe. Mr. Nsouli, currently deputy director of the Middle East and Central Asia Department, will succeed Flemming Larsen.

Mr. Nsouli has held a number of senior positions within the African, Middle East and Central Asia, Policy Development and Review, and Research Departments, as well as in the IMF Institute since joining the Fund in 1973. Mr. Nsouli graduated in Economics at the American University in Beirut and completed his M.A. and PhD degrees in economics at Vanderbilt University.

The IMF's main office in Europe is situated in Paris. The other offices are in Brussels and Geneva. The offices play a key role in the IMF's efforts to maintain a dialogue with non-governmental organizations and other audiences in Europe, and also serve as a liaison for the IMF in Europe by maintaining close contact with the institutions of the European Union and with international and regional institutions such as the OECD, the Bank for International Settlements (BIS), and the Group of 10.