Nobel Laureate Robert E. Lucas, Jr. Speaks At UTC October 7

Monday, September 16, 2013

Nobel laureate Dr. Robert E. Lucas, Jr. will discuss “The Logic of Entitlement Reform” in the Burkett Miller Distinguished Lecture Series on Monday, October 7, at noon in the UTC University Center Auditorium.   This event is free and open to the public; however, seating is limited and on a first-come, first-served basis.  

Dr.

Lucas is the John Dewey Distinguished Service Professor of Economics at The University of Chicago, a Fellow of the Econometric Society, the American Academy of Arts and Sciences, and the American Philosophical Society, and a member of the National Academy of Sciences.  He is a past president of the Econometric Society and the American Economic Association.  In 1995, he received the Nobel Memorial Prize in Economic Sciences and was recognized by the Royal Swedish Academy of Sciences “for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy.”  Prior to his Chicago appointment, Dr. Lucas was a member of the faculty of the Graduate School of Industrial Administration at Carnegie-Mellon University from 1963 until 1974. 

Recent theoretical research in economics has made real progress in formulating and addressing topics like entitlement reform logic.  Lucas would like to present the simple logic of economists’ proposed solutions and, most importantly, request the audience’s reactions to these new ideas. 

Dr. Russell S. Sobel will critique the speech.  Dr. Sobel earned his Ph.D. in economics from Florida State University.  He has authored over 150 books and articles, including a Principles of Economics textbook.  His research has appeared in the Journal of Political Economy and The Journal of Law and Economicsas well as media outlets such as The New York Times, The Wall Street Journal, The Economist Magazine, and the CBS Evening News.  He serves on the editorial board for three academic journals, and has won numerous awards for both his teaching and his research.   Dr. Sobel is a Visiting Scholar in Entrepreneurship at The Citadel. 

The Scott L. Probasco, Jr. Chair of Free Enterprise sponsors this event.  For more information on the speaker and speech, contact the J.R. Clark, Probasco Chair, at 425-4118.

 

 


Normal Park 6th Grade Students Learn About 3D Printing

Normal Park 6th grade students were captivated by Alex Cruikshank as he facilitated a brief demonstration and Q&A session on additive manufacturing through 3D printing on Wednesday. A programmer by trade, Cruikshank has quickly developed a passion and strong knowledge base about 3D printing. In the demonstration, he showed Normal Park students a variety of examples of 3D printed ... (click for more)

Local Colleges Receive National Accolades

Two Chattanooga-area colleges are receiving national recognition for excellence. Covenant College and Bryan College were ranked by U.S. News & World Reports among the top 25 Southern colleges.   In addition, Bryan College ranked as the #7 best value among all Southern colleges. U.S. News calculated value based on cost of attendance for students and quality of the education ... (click for more)

Teen, 17, Charged With Aggravated Rape In Attack On 69-Year-Old North Chattanooga Runner

A 17-year-old has been charged with aggravated rape in connection with an attack on a 69-year-old runner in North Chattanooga on Monday morning. The teen was identified by Juvenile Court officials as Diontae Smartt. Authorities said he has given a confession. Smartt has a detention hearing Thursday at 12:30. The incident happened at approximately 7:30 a.m. ... (click for more)

Berke Implements New Pay Plan For Chattanooga Fire Department

Mayor Andy Berke joined the International Association of Fire Fighters (IAFF) and leadership of the Chattanooga Fire Department to unveil the department’s new pay plan Wednesday afternoon. At a press conference at Fire Hall #1 on Main Street, Mayor Berke and IAFF Local 820 President Jack Thompson signed a memorandum of understanding which sets forth regular raises for fire ... (click for more)

Keep John Roberts, Commissioner Of Red Bank - And Response

It has been a week since the Red Bank Neighborhood Pride Association held their candidate forum at Red Bank Middle School. I was privileged to have been asked to moderate the affair. What follows is my interpretation of the current issues facing the citizens of Red Bank and, at the end, a summation of whom I feel should be elected and whom I will be voting for personally. First, ... (click for more)

Roy Exum: My October Garden

Hark! It is the first day of October and, as I make my monthly stroll through the garden, I find a growing numbers of leaves and acorns. Autumn leaves are beautiful while acorns are nuts, thus you will get the idea as we make our monthly awards: A PRETTY LEAF to Phil Hughes after the Minnesota Twins pitcher came within one inning of earning a $500,000 bonus this season. The deal ... (click for more)