Economics Major Jacob Shercliffe Named Truman Scholar for 2017
The College of Business and Public Policy's Jacob Shercliffe is an economics major, member of Seawolf Debate and a leader in Model U.N. Now he's added another accolade to his long list of achievements: Jacob has become UAA's latest Truman Scholar, one of 62 selected nationwide this year.
Greg Waymire: Profit Discovery and Double Entry Accounting
Werner Sombart, Max Weber, Joseph Schumpeter, and Ludwig Mises asserted that double entry accounting (DEA) focused attention on profit as an important objective and became a major force behind the emergence of capitalism.
Deemed Values: Implementing Tiered Price Caps in ITQ Fisheries
Friday, April 21, 2017 Noon – 1:00 p.m., RH 204
Dr. Ralph Townsend
Director, UAA Institute of Social and Economic Research
In 2001, New Zealand modified its quota management system to function as a hybrid ITQ/tax system. Catches in excess of annual catch entitlements incur payments, called “deemed values”. Deemed values are a low transactions cost system for catch balancing. New Zealand’s “differential deemed values” also present an innovative way to approximate an upward sloping marginal cost of overfishing function. Deemed values can be generalized as a system of “tiered reserves and prices” that ideas can be applied to other cap-and-trade rights systems.
Commerce Unbound: A Modern Promethean Story
Friday, March 31, 2017 3:30 p.m. – 5:00 p.m., RH 117
Chapman University Department of English
Commerce Unbound: A Modern Promethean Story is an experiment with integrating economics and ethics in a form that could be described as literary-critical economic nonfiction.
By mapping the modern world of commerce into our interpretation of Percy Shelley's “Prometheus Unbound,” we revivify bourgeois life as Shelley revivifies the Promethean story with his own take on the myth. In doing so we make Shelley’s purpose our own, “to familiarize” our audience “with beautiful ideal-isms of moral excellence” in their everyday lives of commerce.
Shelley’s point and ours is that any socioeconomic revolution, whether from the left or the right, will ultimately fail if it is fomented by despair, anger, and hate.
College of Business and Public Policy MPA Students Earn Honors at Global Competition
UAA Master of Public Administration students Brandon Nye, Kate Wright, Katie Dougherty and Loreen Davis participated in the Network of Schools of Public Policy, Affairs and Administration (NASPAA) Batten Student Simulation Competition on Feb. 25 at the University of Washington campus in Seattle.