News

Professor Emeritus Van de Wetering passes

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Professor Emeritus Hylke "Ike" Van de Wetering passed away June 24, 2011 in Miami Beach, Florida. He was born June 20, 1936 in Hemelum, Nederland to Gerrit and Dieuwke van de Wetering.

Van de Wetering received a Ph.D. in economics at Iowa State University. After completion of his doctoral studies, he joined the faculty of the Department of Economics at ISU in 1964, and retired in 2006. Information for funeral visitation is available at the following link: http://adamssfh.funeralplan2.com/obituaries.aspx?turl=http://hosting-246...

Department hosts 66th annual Ag Credit School

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The 66th annual Agricultural Credit School was held on the ISU campus from June 6 to 10. The Ag Credit School is carried out jointly by the Department of Economics and the Iowa Bankers Association. This year 50 lenders from community banks in Iowa, Illinois, and Minnesota, plus the Iowa Farm Service Agency attended the first year class, and 28 more were enrolled in the second year class.

Faculty and staff from the Department who were involved in carrying out the school included William Edwards (co-director), Chad Hart, Mike Duffy, Keri Jacobs, Shane Ellis and Dave Baker. In addition, five ISU Extension farm management field specialists were part of the teaching team. Topics included developing and analyzing financial statements; lending for crops, livestock and farm real estate; marketing tools; managing risk; legal and tax aspects of lending; financing small agri-businesses; and analysis of case studies.

Weekly media connections for the Department of Economics

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  • Chad Hart spoke with Dan Looker of Successful Farming about ethanol policy and impacts. He spoke with Chris Benderev of NPR about farm policy and the upcoming farm bill debate (background info for now but may tape something later). And he spoke with Jeff DeYoung of Iowa Farmer Today about the Missouri River flooding and price impacts on the national and local level.

  • Hart spoke with Mike Anderson of IowaWatch about ethanol policies and presidential candidates. Bruce Babcock, director of CARD and professor of economics, spoke to Dan Pillar of the Des Moines Register about the Environmental Working Group's farm subsidy database, recently updated, and what it shows about payments to Iowa farmers.

  • Hart responded to several calls from reporters in response to USDA's acreage and stocks reports, which surprised markets with projections of higher corn planted acreage: Fran Howard, AgWeb; Greg Myers, Financial Times; Dick Laymen, WHO Radio; Bethany Pint, Iowa Farm Bureau Spokesman; Scott Kilman, Wall Street Journal; and Chet Hollingshead, AgriBusiness Report.

  • Dave Swenson was interviewed Thursday by Donnelle Eller, a business reporter with The Des Moines Register; and Rebecca Maxwell, a reporter with WHO-AM in Des Moines, for pieces profiling Iowa manufacturing. Both stories were tied to President Obama scheduled visit to an Alcoa plant in Davenport Tuesday. Sue Danielson, assistant news editor, WHO-AM, also interviewed him today on the importance of manufacturing to the nation's recovery and the vulnerability of Iowa manufacturing to the pace of global recovery. The media contacts were all the result of a News Service tipsheet.

  • Swenson was interviewed Wednesday by Nick Krause, a reporter with The New York Times, who had questions on the potential job impacts to ethanol producing states were the ethanol blenders credit to be eliminated.

  • Swenson was also interview by Emily Carlson, WHO TV,  and Emily Horner, Iowawatch.org, on the importance of Iowa manufacturing and the President's visit to the ALCOA plant at Riverside. In reference to President Obama's visit to the Alcoa plant on Tuesday, Ed Tibbets, Quad City Times, wanted a comparison of manufacturing job performance in the QC area compared to the state since 2008 and an evaluation of the importance of Obama's visit to the regional economy.

Information courtesy of Jackie King, ISU News Service.

Schroeter named interim department chair

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Professor John Schroeter has been named interim chair of the Department of Economics, effective July 1. Schroeter has a B.S. degree in engineering and economics from California Institute of Technology and a Ph.D. in economics from the University of Minnesota. He came to Iowa State in 1983. Schroeter's research focuses on industrial organization and using applied econometrics for economic forecasting. He also serves as the department's Director of Graduate Education.   

New department "tip sheet" from ISU News Service

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Mike Ferlazzo with ISU News Service has put together a Department of Economics "tip sheet" this week. This is a compilation of current research and work that has come out of the department - the tip sheet approach is designed to provide a brief description of work that's easy for media outside of the university to access. Click on the following link to view: http://www.news.iastate.edu/news/2011/jun/econtips


Please take advantage of this enhanced opportunity for department exposure. Continue to send story ideas, current research, and related activities to ksenty@iastate.edu or ferlazzo@iastate.edu.

Weekly media connections for the Department of Economics

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Information courtesy of Jackie King, ISU News Service

Deiter and Ag Business students lend voice to Extension video on cooperatives

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ISU Extension recently released a video on cooperatives, featuring interviews with Professor Ron Deiter and several students in the Ag Business program. Deiter teaches a course on cooperatives, Econ 332, which the video draws from. Click on the following link to view the video: http://video.extension.iastate.edu/2011/06/10/cooperatives/

Latest edition of Stories features Kimle, Jolly, Underwood and Noe

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The subject of entrepreneurship is the focus of the latest edition of Stories magazine, produced by the College of Agriculture and Life Sciences. Kevin Kimle, the Bruce Rastetter Chair in Entrepreneurship and director of the Agricultural Entrepreneurship Initiative, is featured in the cover story. Additional stories feature Professor Robert Jolly, entrepreneurship initiative coordinator Stacey Noe, Department of Economics alumnus Roger Underwood, and several current Ag Business students.

Click the Stories icon above to read the full edition.

"Insightful" budget analysis by Otto's students sparks editorial

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A faltering economy and record high deficits don't come as good news to anyone. However, Professor Dan Otto found that current economic conditions created the perfect backdrop for fertile discussions in his Public Finance and Public Policy class this past semester.

Dumortier accepts position at Indiana University-Purdue University, Indianapolis

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Jerome Dumortier is one of several graduate students who will soon complete their course of studies in the Department of Economics. Learn what he has planned after his exit in August.

What degree did you complete? I will get a Ph.D. in economics and will graduate this summer (August).

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