Professors Metin Coşgel and Thomas Miceli recently participated in an interview on Faculti, in which they “offer new data and a new analytical approach to examine the roots of today’s civil conflicts that lie deeply in religious and political history.”
Elizabeth (Nikki) Miller graduated from UConn as an economics major in 2020—not the luckiest time for a graduation. After that, she participated in the AmeriCorps program and later began graduate studies at the Robert F. Wagner School of Public Service at New York University. We recently received an update from Nikki to share with all of you:
“I remember the economic courses I took at UConn had an element of quantitative rigor and I appreciate what I learned in those courses. I still have many of these course materials saved on my laptop. Some courses that gave me a great foundation for graduate school alongside being some of my favorites included Intermediate Microeconomics and Macroeconomics, Empirical Methods in Economics, Women & Minorities in the Labor Market, Labor Economics, and Development Economics. The professors who instructed these courses were amazing not only as instructors but as people who really were passionate about the work they did.
Besides being a student at UConn I also enjoyed being involved on campus in a variety of capacities. I participated in an early childhood literacy development program called Jumpstart as a volunteer, worked with other graduate students in the economics department as an economics tutor, got involved with other student groups such as Women & Minorities in Economics, starting out as a social media coordinator then becoming president in my senior year. As a part of this organization, I was able to attend the 2018 Undergraduate Women in Economics Conference which gave me insight into how women across the country were incorporating economics into their work and/or research. I also decided to become a resident’s assistant during my final year at UConn to be a resource to new students and to help cultivate a caring and respectful community.
Graduating in 2020, a year filled with many unfortunate events, shaped my post-graduation plans. I ended up participating in an AmeriCorps program for one year as a math fellow, instructing amazing sixth graders at a charter school in lower Manhattan. That was a very challenging but rewarding experience and made me eager to get back into the classroom as a student. In Fall 2021, I began graduate school at the Robert F. Wagner School of Public Service at New York University. The economics course content and material I interacted with at UConn motivated me to apply to the master’s in public administration program which had a specific emphasis on public policy analysis. At Wagner I curated my coursework to focus on policy analysis and evaluation, specifically related to land use and housing policy. Some of the courses I took included Advanced Empirical Methods, Public Economics, Evaluating Programs and Policies, Housing and Community Development, Environmental Infrastructure for Sustainable Cities, and Land Use, Housing and Community Development in New York City Seminar. In the Land Use seminar, I worked alongside two NYU law students to carry out a legal and data analysis on the NYC Fair Share Criteria. These analyses culminated in an article that was recognized by the American Bar Association (ABA) and will be published in ABA’s Section of State and Local Government Law Review — The Urban Lawyer.
As a Wagner student, I worked part-time as a graduate research assistant on the data team at the NYU Furman Center for Real Estate and Urban Policy. Following my first year at NYU, I interned at the New York City Housing Development Corporation, a public benefit organization that finances affordable housing development in New York City, as a data analysis intern on the policy and analytics team. This year, I completed my studies at NYU Wagner and transitioned to a full-time position at the NYU Furman Center as a Data Management Associate where I am involved with the diverse data work occurring across the center. I hope to use the skills and experience that I gain in this full-time role in a future capacity where I am pursuing a Fulbright Scholarship or Ph.D.”
Congratulations, Nikki, on all of your accomplishments! If you are a current UConn economics student interested in pursuing an MPA degree, you can learn more about Nikki’s career path by looking at her LinkedIn profile or you can reach out to her directly at email@example.com.
If you are a recent alum doing interesting things, please reach out to us at firstname.lastname@example.org. We would love to hear from you.
Professor Remy Levin was quoted recently in an article in the Financial Times:
Remy Levin, a behavioural scientist at the University of Connecticut, said: “As a scientist, it is Prof Ariely’s duty to ensure that his scientific record is free of errors and falsehoods. The burden of proof lies with him to show to the scientific community and the public at large that he has told the truth about his work.”
Professor Langlois recently published an op-ed piece in the Wall Street Journal about the Big-Tech regulatory commission proposed by Senators Lindsey Graham and Elizabeth Warren, arguing that historical precedents from the Twentieth Century like the Interstate Commerce Commission and the Federal Communications Commission should give us pause about creating a new intendent regulatory commission.
During 2022-2023 academic year, Greenwich High School students enrolled in the Early College Experience (ECE) Economics courses taught by Mr. Ian Tiedemann participated in the High School Fed Challenge, which is an academic competition where teams of students act as future economists. The competition is administered by the Federal Reserve Bank of New York and offers the opportunity for students to develop skills in teamwork, research, data literacy, and analytical writing. Student teams author economics research and pursue recognition in the Federal Reserve Bank of New York’s Journal of Future Economists.
In June, the announcement of the winners of the essay content came out, and we learned that Greenwich HS team is one of the winners! Their essay “It’s a (s)Mall World: Globalization, E-Commerce, and Shopping Malls” is included in the Journal of Future Economists, 2023: pp. 78-91.
We congratulate the team of students: Ambika Grover, Ryan Kaufman, Cindy Li, Max Lu, Amrutha Nandakumar, Charles Andrew Miranda, Nicole Orlofsky, and Elliott Gordon.
We congratulate their teacher, certified ECE Economics instructor, Mr. Ian Tiedemann.
Through the Office of Early College Programs, the Economics Department works closely with 58 UConn ECE certified Economics instructors representing 42 different partner high schools across the state. In 2022-2023 academic year, 785 students were enrolled in 64 UConn Economics courses (ECON 1000, 1201, 1202). Since some students take more than one course, there were 1225 total enrollments.
The impact on students who take Early College Experience (ECE) Economics courses is manyfold. They get acquainted with the academic rigor of CLAS, gain familiarity with the University as a whole, and publicize the prominence of UConn across the nation and around the world when gaining acceptance to institutions of higher education.
ECE students’ success reflects positively on the University of Connecticut, as these students continue to prosper throughout the country at the various universities and colleges they attend. Their continued success is indicative of their college readiness in part due to their enrollment in the UConn ECE program.
The episode “What Can Whales Teach Us About Clean Energy, Workplace Harmony, and Living the Good Life?” has just been released and is available on the Freakonomics website here, or on Apple Podcasts, Spotify, Stitcher, and other podcast sites.
Since 2017, a member of the Honors Program faculty or staff is awarded the distinction and recognition for outstanding advising. This honor is determined by nominations submitted by Honors students, providing them the opportunity to share their experience and the positive impact of the faculty or staff member they have nominated.
This award recognizes outstanding contributions to undergraduate advising by faculty or staff members to Honors Program students. Nominees for this distinction have significantly exceeded expectations by providing exceptional undergraduate advising experiences to Honors students. This fund was established by Dr. Lynn Goodstein and Dr. Peter Langer, who both have strong ties to UConn Honors. The late Lynn Goodstein served as the Associate Vice Provost and Director from 2002 to 2012, and her husband, Peter Langer is a graduate of the inaugural Honors Program Class of 1968.
Professor Lanza contributed expert commentary to the recent WalletHub.com study entitled “2023’s Most and Least Independent States.” WalletHub.com is a leading outlet covering the personal finance industry and its studies appear in their consumer education section.
A review of Professor Langlois’s recent book, The Corporation and the Twentieth Century: The History of American Business Enterprise was featured in the July 1st edition of The Wall Street Journal. Reviewer Dan Akst describes Professor Langlois’s book as “…a remarkable achievement, not least for its detailed case studies of firms and whole industries that instantiate the author’s points.”
Professor Langlois’s book The Corporation and the Twentieth Century, a “definitive reframing of the economic, institutional, and intellectual history of the managerial era,” has been published and is available through Princeton University Press:
The twentieth century was the managerial century in the United States. An organizational transformation, from entrepreneurial to managerial capitalism, brought forth what became a dominant narrative: that administrative coordination by trained professional managers is essential to the efficient running of organizations both public and private. And yet if managerialism was the apotheosis of administrative efficiency, why did both its practice and the accompanying narrative lie in ruins by the end of the century? In The Corporation and the Twentieth Century, Richard Langlois offers an alternative version: a comprehensive and nuanced reframing and reassessment of the the economic, institutional, and intellectual history of the managerial era.
Langlois argues that managerialism rose to prominence not because of its inherent superiority but because of its contingent value in a young and rapidly developing American economy. The structures of managerialism solidified their dominance only because the century’s great catastrophes of war, depression, and war again superseded markets, scrambled relative prices, and weakened market-supporting institutions. By the end of the twentieth century, Langlois writes, these market-supporting institutions had reemerged to shift advantage toward entrepreneurial and market-driven modes of organization.
This magisterial new account of the rise and fall of managerialism holds significant implications for contemporary debates about industrial and antitrust policies and the role of the corporation in the twenty-first century.
“Sharp analysis. . . . Chock -full of sophisticated economic theory rendered in lucid prose, this adds up to a bracing evaluation of a consequential and once dominant commercial entity.”—Publishers Weekly
“A new and even better Alf Chandler has arisen, a Chandler who does not believe that the visible hand is always and everywhere the way to wealth. Langlois does the scientific job brilliantly, and does wisely, too, the political job of seeing the lessons for our collective lives.”—Deirdre Nansen McCloskey, University of Illinois at Chicago
“Richard Langlois’sThe Corporation and the Twentieth Centuryis a major achievement and stands as the best and most important work on the history of the modern American business corporation.” —Tyler Cowen, George Mason University
“Langlois provides an erudite and wide-ranging reinterpretation of the rise and subsequent decline of large managerial corporations in American business history. His emphasis on the political economy context and contingency is important.”—Geoffrey Jones, Harvard Business School
“Langlois offers a profound, accessible, and essential revision of the economic, institutional, and intellectual history of the managerial era. His book is a magisterial, lively, provocative, and timely read.” —Amar Bhide, author ofThe Venturesome Economy
“In the last half century American high-tech firms and overseas new entrants have eclipsed classic twentieth-century Chandlerian corporations like General Motors and Du Pont. Richard Langlois’s masterpiece—long trailed in thoughtful articles and here distilled and rectified into fine whiskey—pulls no punches where they are necessary for his clinical deconstruction of the Chandlerian paradigm, but is properly respectful of its strengths, carefully weighing the merits of all sides of the argument.”—Leslie Hannah, London School of Economics
“This is a magnificent book. Drawing upon Coase, Williamson, Demsetz, Schumpeter, Hofstadter, and others, Langlois provides an analytical narrative of the development and adaptability of business organizations, their challenges, and responses from the late nineteenth through the early twenty-first centuries. To present this important and complex story of institutional innovation, Langlois combines economic, business, political, and legal history. Langlois’s important analysis of the past 100 years provides optimism for continuation of business enterprise adjustments to promote economic growth and the quality of life.”—Gary D. Libecap, University of California, Santa Barbara, and National Bureau of Economic Research
“Richard Langlois challenges Alfred Chander’s claim that new technologies led large firms inevitably to substitute for markets: the visible hand. Langlois argues that as markets developed more sophistication in the twentieth century, the internal structure of firms changed: the vanishing hand. A combination of markets, firms, and governments explains the rise, decline, and transformation of the corporation in the twentieth-century United States. The book is a rich economic history of the twentieth century from the corporate perspective.”—John Joseph Wallis, University of Maryland and University of Cambridge
“Richard Langlois has written a history of the corporation with three main threads. First, he offers a critique of the Chandler tradition arguing that the Chandler model becomes less applicable after 1972 or so. Second, he offers a critique of U.S. antitrust policy that highlights its liabilities. Third, he offers his own view of the evolution of the corporation, which is a major contribution to understanding the evolution of the corporation in the late twentieth and early twenty-first centuries.”—Louis P. Cain, Northwestern University and Loyola University Chicago