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Personal income — the rest of the economic story
March 7, 2006

Personal income — one of the most pertinent barometers of local and regional economies — often is overlooked, according to economist Gary Smith, whose office is based out of WSU’s Puyallup Research and Extension Center.“Without question, personal income is far and above the best available local indicator of general purchasing power,” Smith said. “Therefore, it is central to tracking and comparing what’s happening in the local economy over time and in comparison to other counties and regions.“It’s easier for people to look at the local economy in terms of jobs or wages and salaries generated by jobs. Or they look at demographics. You can easily … » More …

China scholar probes culture and economics
October 14, 2005

Considered by many to be the world’s leading expert on Chinese economics, Kenneth Pomeranz will take part in two public events during his visit to WSU Oct. 17-18.The Chancellor’s Professor of History and professor of East Asia languages and literatures at University of California, Irvine, will lecture on “Historical Perspectives on the East Asian Miracle” at 4:10 p.m. Monday, Oct. 17, in Bryan 305. The talk will explore the extremely rapid economic growth of East Asia, investigate the patterns of trade, social change, and the environmental impact of industrialization, and suggest implications for contemporary affairs.Pomeranz will take part in a seminar-style presentation on popular religion … » More …

Is a liberal arts education still needed in today’s economy?
January 7, 2005

Should a student get a college education to:a) learn a skillb) contribute to your communityc) know yourselfd) be well-rounded and think criticallye) all of the aboveThe answer to this question is something universities across the nation are considering, and the programs they offer depend on their answer.Is the purpose of a general or liberal arts education to introduce students to great works of music, art and literature that are considered the crowning achievements of civilization (the core model)? Or is it to gain an appreciation for ways of thinking through various academic fields and to learn how to ask questions and find answers (the distribution … » More …

Move to Town Centre Building expected to spark economy
April 2, 2003

The Washington State University Foundation has moved into Pullman’s new Town Centre building. Movement of equipment, offices, and personnel began the last week in March and will continue in stages through the first week in April. The WSU Foundation will occupy the second and third floors of the three-story brick building on the southwest corner of Main and Kamiaken streets in downtown Pullman. The remaining space is occupied by Sam Dial Jewelers, Quizno’s Subs and the Moscow-Pullman Daily News. “Washington State University and the Pullman community have been partners for more than 100 years,” said WSU President V. Lane Rawlins. “The WSU Foundation’s move to … » More …

Yale economist to give stock market outlook
April 26, 2002

Yale University economist Robert Shiller, author of the New York Times best seller “Irrational Exuberance,” will present the inaugural Gary P. Brinson Distinguished Speaker Lecture at 3 p.m. Friday, April 26, in Todd Hall 276.Shiller, a frequent CNBC guest and the Stanley B. Resor Professor of Economics at Yale, has titled his speech “Irrepressible Exuberance? The Outlook for the Stock Market and the Economy from 2002.”Rick Sias, WSU finance professor, noted that “The Economist” states Dr. Shiller’s book “should be compulsory reading for anybody interested in Wall Street or financially exposed to it.”Sias comments, “if you are interested in hearing a devout bear’s opinion regarding … » More …