Why the UK productivity crisis is now a threat to capitalism

first_imgSaturday 8 February 2020 8:00 am Brexit has dominated conversations about the UK economy in recent years, just as it has hung over almost everything else. Few people are better-placed than Bean, 66, to talk about the issue. He was a professor at Stanford and the London School of Economics before arriving at the Bank in 2000 and has held roles at the Treasury. He is now the top economist at the UK’s Office for Budget Responsibility (OBR). Sir Charlie Bean, former deputy governor of the Bank of England and one of Britain’s most respected economists, says this attention is overdue. Brexit is “small beer” compared to the UK productivity slowdown, he says, which is the country’s biggest problem and even has the potential to undermine consent for British capitalism. “A lot of people feel left behind,” he says. “They see a few people who’ve done very well at the top end of the income distribution, the billionaires and so forth, and feel they don’t have a stake in capitalism.” Two productivity crises The UK economy can handle Brexit, yet without increased productivity, “you can’t deliver the sort of increased living standards that people want” or deal with an ageing population and climate change. The stakes are high: “That does just challenge the legitimacy of capitalism.” “That’s when the consent for the system starts breaking down. People start looking for alternative ways forward, alternative policies [that] actually turn out to be destructive.” “Economies are becoming dominated by large companies,” he says, “the likes of Google who have less incentive to innovate and a lot of incentive to take over competitors as soon as they come up with a bright new idea.” More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Main image: Sir Charlie Bean, former Bank of England deputy governor. Credit: Greg Sigston/City A.M. Sir Charlie Bean is currently on the Office for Budget Responsibility committee Also Read: Sir Charlie Bean: Forget Brexit – the UK productivity crisis is a threat to capitalism So what is to be done? Bean says Britain must “focus on the things that we know we can do something about”, such as boosting skills, raising infrastructure spending and encouraging investment. Share Another driver is the “relatively low level of technical skills in the UK,” Bean says, which prevents the incorporation of the newest, most productive technology. There is also “evidence to suggest that management is not as efficient here”. As the economy has failed to become more productive, Britain has undergone “the longest period of stagnation of real wages since before the Industrial Revolution,” Bean says. But Bean is clear in his warning that economists and policymakers must find some way out. He says the economy has become less entrepreneurial and more about “rent extraction”, while the uncertainty of the post-financial crisis world has also acted as a drag. whatsapp This is exactly what’s happened in Britain over the last decade, Bean says. Unemployment has fallen to record lows, but productivity is now 20 per cent below its pre-crisis trend, having flat-lined since 2008. The BoE says this has severely limited the UK’s growth potential. Productivity has also slowed in the US and Europe, puzzling economists the world over. Of the various proffered explanations, Bean speaks positively of economist Thomas Philippon’s argument about corporate power. So how does Bean explain the UK productivity crisis? Firstly, he says, it must be thought of as two crises, one international and one British. How to slay the slowdown Yet the UK has languished at the bottom of the productivity leagues. Brexit, and the uncertainty it has unleashed on the economy, is part of this story, Bean says. “Business investment just flattened off after the referendum result” and instead of investing, firms have hired workers they can sack later. Without it, long-term growth can only really come about through longer working hours or by dragging more people into the workforce. Rising employment has helped the economy expand, but not through new technology. “I think there’s limits to how far you can go with that,” Bean says. “If we say we want to limit immigration as well, that’s also going to be limiting the extent to which the labour input can grow.” by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsAll Things Auto | Search AdsNew Acura’s Finally On SaleAll Things Auto | Search AdsRest Wow68 Hollywood Stars Who Look Unrecognizable NowRest WowTaco RelishSuspicious Pics That Are Fishier Than The SeaTaco RelishHealthCentral7 Sneaky Symptoms That Could Be Lung CancerHealthCentralZen HeraldShe Inspired Three Of The Most Popular Songs EverZen HeraldMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.com Sir Charlie Bean is currently on the Office for Budget Responsibility committee Yet the former BoE deputy warns: “It won’t simply be a case of spending more in the next year or two and suddenly seeing a huge increase in productivity, it’s much more a long slog.” Following the Conservatives’ landslide election victory, chancellor Sajid Javid and Prime Minister Boris Johnson have pledged to do just this. Bean, who has been at the OBR, the UK’s budget watchdog, since 2017, also cautions that changes to accounting standards, slower forecasted growth, and previously announced spending have “greatly reduced the room for manoeuvre” when it comes to the public finances. Sir Charlie Bean was deputy governor for monetary policy at the Bank of England from 2008 to 2014 (Image: Getty) Could the Bank of England help? The former deputy governor argues against the idea of productivity targets. “The responsibility to do those things should rest with the politicians, not with the technocrats at the bank.” Sir Charlie Bean is currently on the Office for Budget Responsibility committee Also Read: Sir Charlie Bean: Forget Brexit – the UK productivity crisis is a threat to capitalism whatsapp Sir Charlie Bean is currently on the Office for Budget Responsibility committee Also Read: Sir Charlie Bean: Forget Brexit – the UK productivity crisis is a threat to capitalism Harry Robertson But why is the slowdown so important? Productivity is commonly defined as the amount produced per hour worked. Increasing productivity effectively means making more stuff in the same amount of time. It makes an economy richer and lets wages rise and prices fall. But over the last week or so, the country’s festering productivity crisis has come to the fore, with the Bank of England downgrading its growth predictions and studies describing the worst decade for productivity expansion since the early 1800s. A threat to capitalism Show Comments ▼ Sir Charlie Bean: Forget Brexit – the UK productivity crisis is a threat to capitalism last_img read more

Ask a Climatologist: Anchorage, this gloomy spring is all in your head

first_imgShare this story: Alaska’s Energy Desk | WeatherAsk a Climatologist: Anchorage, this gloomy spring is all in your headMay 22, 2018 by Annie Feidt, Alaska’s Energy Desk Share:Clouds hang over Hope, Alaska on May 19, 2018. (Photo by Annie Feidt/Alaska’s Energy Desk)In Anchorage, complaining about the gloomy weather this spring has become something of a new pastime.But is the weather really worse than normal?According to Brian Brettschneider with our Ask a Climatologist segment, the answer is no.Brettschneider says since April, the weather in Anchorage has been a few degrees warmer than normal and also drier than normal.How is that possible?Brettschneider says there haven’t been any really warm days. Typically Anchorage hits 60 degrees at least once by May 14, but the warmest temperature so far has been 59 degrees.“So there can be this disconnect where there can be no really warm days, but we can still be above normal,” Brettschneider says.Brettschneider says it’s also been a bit cloudier and significantly windier than normal.“But for the most part, the story of this spring has been warmth.”Audio Playerhttps://media.ktoo.org/2018/05/climate-may.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Brian Brettschneider is a climatologist based in Anchorage, with the University of Alaska Fairbanks.last_img read more

The Best Things to Do in L.A. This Weekend

first_imgThings to DoThe Best Things to Do in L.A. This WeekendA satirical toy museum, a closed-streets bike ride, art in the desert, and moreBy Gwynedd Stuart and Sean Fitz-Gerald – February 28, 20191258ShareEmailFacebookTwitterPinterestReddItFebruary’s toast; time to make March one for the record books. From a “non-symposium” in the desert to a Mardi Gras fundraiser for a bitchin’ local venue, there’s all sorts of fun stuff to do in L.A. this weekend. Here are our picks.Desert, Why?March 1-March 3https://www.instagram.com/p/BuXJ3UyFMap/Desert X is in full swing in the Mojave, and this weekend the collection of public art interventions will be accompanied by a “non-symposium” called Desert, Why?, which includes tours of various areas (Salton Sea, Desert Hot Springs), artist talks, and studio visits.Reductress Presents Haha…Wow!!March 1https://www.instagram.com/p/BuJ2mUZj_TH/Parody site Reductress keeps our social feeds chockfull of funny headlines, and every month they go IRL with a show at the Virgil. Hosted by Rekha Shankar and Janie Stolar, Reductress Presents promises plenty of laughs and “tips on how to sex good.”Obvious Plant’s Museum of ToysMarch 1https://www.instagram.com/p/Bt1M2u1HYe4/Funny internet person Jeff Wysaski makes fake toys and other satirical artistic interventions under the moniker Obvious Plant. This weekend his exhibit Museum of Toys launches at Start Los Angeles in Harvard Heights. After opening night, the exhibit runs for two weeks with all sorts of special events, like a free toy day, an Everything Is Terrible pop-up, and a Toys in Jell-O display with Jarina De Marco.LabyrinthMarch 2https://www.instagram.com/p/BuJ3WcjB0c9/Know someone who reminds you of the babe? Drag them to Vista Theatre for this 35mm screening of Jim Henson’s 1986 cult classic. Once you’re done admiring David Bowie’s remarkable eye makeup, cap off the 10:30 a.m. showing with house-made biscuits and maple butter at nearby Cliff’s Edge.Bootleg’s Mardi Gras CarnevaleMarch 2https://www.instagram.com/p/BuPHZRkF0xC/Beloved funny person John C. Reilly hosts this Fat Tuesday-themed fundraiser for Westlake’s Bootleg Theater. There’ll be comedy, music, and more in all three of Bootleg’s rooms, including performances by comedian Michael Rayner, Los Angeles Ladies of Arm Wrestling, and contortionist Milo Gonzalez.CicLAvia Culver City Meets Mar Vista + Palms March 3https://www.instagram.com/p/Btgo5KQDoIg/L.A.’s favorite closed-streets bike ride returns, this time with a ride from Culver City to Palms and Mar Vista. Check out hubs in Culver City’s Arts District, as well as its downtown, and ride west to check out the Mar Vista farmers’ market and lots of other cool stuff along the way.RELATED: This Toy Museum Imagines a Way Darker (and Funnier) Version of Your ChildhoodStay on top of the latest in L.A. food and culture. Sign up for our newsletters today. TAGSBest Things to Do This WeekendBootleg TheaterCicLAviaLabyrinthPrevious articleThese 8 Buildings Explain Frank Gehry’s Influence on L.A.Next articleHarvey Weinstein Is Supposedly Looking for a “Skirt” to Represent HimGwynedd Stuart RELATED ARTICLESMORE FROM AUTHORBeloved Indie Music Venue Bootleg Theater Is Permanently ClosingThe Best Things to Do in L.A. This WeekendThe Best Things to Do in L.A. This Weekendlast_img read more

News / Global Forwarding is star turn, as DP-DHL announces Q1 results

first_imgBy Alexander Whiteman 08/05/2018 Deutsche Post-DHL has kicked off the year in strong fashion with growing profits despite two divisions struggling.The group’s Supply Chain business recorded dramatic double-digit drops in earnings and profitability, with the latter plummeting 44.4% compared with 2017.Chief executive Frank Appel said there had been a “good start” to the year, but noted there was still work ahead for the company.“Global e-commerce continues to boom, meaning that the most important growth driver for our businesses is still intact,” said Mr Appel. “We remain confident that we will achieve our ambitious goals for 2018 and beyond.”Group profitability – EBIT was up 2.3% to €905m – came despite a marginal (0.9%) decline in revenues of €14.7bn, likely hit by the major slump in Supply Chain business.A statement from the company put the blame for this at the foot of “negative currency effects” and the sell-off of its UK subsidiary Williams Lea Tag in the final quarter of 2017.“Excluding these effects, the division generated revenue growth of 3.8%,” said the company in a statement.“In the EMEA and Americas regions, volumes grew primarily in the Automotive and Retail sectors, while in Asia Pacific we generated growth in nearly all sectors.”Despite these claims, the division saw marked revenue declines across the three regions it operates: EMEA (down 4.9%) Americas (down 18.9%), and Asia Pacific (down 15.4%).But CFO Melanie Kreis sounded an optimistic note on the Supply Chain division, saying it “did better than you might think”.“Adjusted for currency and portfolio effects, Supply Chain posted growth in the first quarter of 2018. Organic revenue growth was 3.8%.“In addition, the division continued to successfully generate additional new business. Here we continue to pursue our selective approach of concentrating on highly profitable contracts. Due to one-time factors, however, this isn’t reflected in earnings.”But it wasn’t only Supply Chain that struggled, so too did its PeP (Post-e-Commerce-Parcel) division, recording a 9.9% dip in EBIT (€383m) despite a 1.7% gain in revenues (€4.6bn).“The decrease [in EBIT] primarily reflects higher costs and capital expenditure, which are partly related to the growth of the business,” said the company.“In Germany, staff and transport costs both increased, while StreetScooter production and the international parcel business were expanded.“The division’s EBIT includes a positive effect of €108m from pension revaluations.”Rarely, one bright spark came from its Global Forwarding business, which has continued to gain ground.The division reported gains of 1.3% in revenues (€3.59bn) and a massive 75% uptick in profitability (€70m) over the three-month period.“The division was increasingly able to pass on higher freight market rates to its customers,” the company said.“At the same time, the additional measures introduced to raise profitability are proving effective, and the division’s EBIT therefore increased by a considerable 75% to €70m.”As with other forwarders, much of the growth resulted from gains in the air freight market. Although volumes fell 3% year-on-year in the first quarter, the company its air freight revenues had risen 3.3% as customers paid higher rates, and gross profit improved by 3.9%.Ocean freight volumes remained broadly flat, but revenues fell slightly, and gross profit sank 3.12% on “negative currency effects”.Ms Kreis said: “We still have a long way to go until this division has regained its former strength. But we are moving in the right direction, and we are progressing step by step. In addition, Freight – in other words our overland transport business – continues to develop positively.”The company said it was reconfirming its initial revenue and forecast earnings for 2018. You can see the full results here.last_img read more

Joe McDonagh Cup fixtures for Laois hurlers confirmed by the GAA

first_img Pinterest WhatsApp By Siun Lennon – 19th April 2019 Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Although the fixture details and round meetings were announced by the GAA last October, they have only just officially announced the confirmed times and venues for each clash.The Laois hurlers will begin their 2019 Joe McDonagh Cup campaign with a trip to neighbours Offaly on Saturday May 11 at 7pm.Unlike 2018, when there were six teams, this time there are only five – Laois, Offaly, Westmeath, Antrim and Kerry.Laois are away to Offaly in Round 1, at home to Antrim in Round 2, have a bye in Round 3 before travelling to Kerry in Round 4 and finishing up at home to Westmeath in the final round.This will be the first time that Offaly have competed in the Joe McDonagh competition, while last year’s winners, Carlow, have been promoted to the Leinster championship for this year.The hurlers received a massive boost this week as it was revealed that Ross King has returned to the side for the Joe McDonagh campaign.The top two teams from the five-team group will contest the Joe McDonagh Cup final which will again will be played as a curtain raiser to the 2019 Leinster final in Croke Park.The winner will be promoted to the Leinster championship in 2020 and the two finalists will also play in an All Ireland qualifier game against the 3rd placed team in Munster or Leinster.Fixture details as follows: Saturday May 11Offaly V Laois,Bord Na Mona O’ Connor Park at 7pmSaturday May 18Laois V AntrimO’Moore Park at 3pmSaturday June 8Kerry V LaoisAustin Stack Park, Tralee at 3pmSaturday June 15Laois V WestmeathO’Moore Park at 3pmSEE ALSO – Borris-Kilcotton hurlers go top of division 1 with strong win over The Harps Here are all of Wednesday’s Laois GAA results GAA Facebook Joe McDonagh Cup fixtures for Laois hurlers confirmed by the GAA GAA WhatsApp Pinterest GAA Previous articleLarge Portlaoise estate, ‘forgotten and neglected’Next articleIn Pictures: Youngsters have a spring in their step at the Laois GAA Easter Camp Siun Lennonhttp://heresosiun.blogspot.ie/2016/09/the-lekkie-piccie-experience.htmlSiún Lennon joined LaoisToday in a full-time capacity after studying Journalism and New Media in the University of Limerick. She hails from Rosenallis and her interests vary from news, sports and politics. Facebook Twitter Home Sport GAA Joe McDonagh Cup fixtures for Laois hurlers confirmed by the GAA SportGAAHurlingLaois Senior Hurling Team Twitter RELATED ARTICLESMORE FROM AUTHOR TAGSJoe McDonagh CupLaois senior hurlersLaois senior hurling team 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshinlast_img read more

Portlaoise’s first independent study centre for secondary students set to open in September

first_img By LaoisToday Reporter – 12th August 2019 Here are all of Wednesday’s Laois GAA results RELATED ARTICLESMORE FROM AUTHOR The centre offers rolling monthly rental of desks.“Each student will have their own designated desk,” said Monica.“We offer places on a rolling monthly basis so once you are booked in for the month. That desk is theirs, it provides a space that feels personal to them.”The centre features large office sized desks with dividers between units as well as tea and coffee making facilities and adult supervision.There are two options for the centre for both junior cycle and senior cycle students.Junior cycle students can attend from 4.30pm to 6.30pm each day at a cost of just €30 per week. Senior students have the option of 4.30 – 9pm with a break from 6.30 to 7 for just €50 per week.Monica  also provides an after school facility called “The Hive”  for primary school students in Kealew Business Park just around the corner.“I also recognised there is a childcare grey area for parents who have children both in primary and secondary school, we can cater to those families too by having both facilities within a stones throw of each other, meaning there is one pick up point in the evenings with the added benefit of facilitating study for the older kids”Opening at the start of September the study centre will have a limited number of spaces available so get in quickly to reserve your spot.You can get in touch by email [email protected] call 085 1513099 or find them on Facebook here.For enquiries on “The Hive” primary afterschool email [email protected] call 05786 21062 or find them on Facebook here.SEE ALSO – Check out the dedicated jobs section on LaoisToday.ie TAGSMonica DelaneyPortlaoise Study Centre Twitter Opening in September Portlaoise Study Centre in Kealew Business Park is set to offer an exciting new option for secondary school students and their parents seeking the perfect study environment.A brand new concept for the area, the study centre is laid out office style with large desks which can be “rented” by the month.Speaking to the founder Monica Delaney she says of the centre, “The idea was born out of speaking to people I know who said they struggled to find a focused environment for their children to study.”“I wanted to look at creating a place that was calming, distraction free and comfortable, to provide the optimum conditions for these young adults to have a supervised study environment that allows them to thrive” Pinterest Home Sponsored Portlaoise’s first independent study centre for secondary students set to open in… Sponsored Facebook Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Twittercenter_img GAA Pinterest Previous articleFootball Team of the Week following the conclusion of Round 2Next article1,000 Laois students set to receive their Leaving Cert results tomorrow LaoisToday Reporter Facebook WhatsApp GAA GAA WhatsApp 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin Portlaoise’s first independent study centre for secondary students set to open in Septemberlast_img read more

In Pictures: Laois school awarded grant for new harps as part of Music Network scheme

first_img TAGSMusic Generation LaoisRath NS Electric Picnic organisers release statement following confirmation of new festival date By LaoisToday Reporter – 30th April 2021 In Pictures: Laois school awarded grant for new harps as part of Music Network scheme Facebook Electric Picnic Home News Education In Pictures: Laois school awarded grant for new harps as part of… NewsEducation Electric Picnic apply to Laois County Council for new date for this year’s festival Previous articleLaois man set to lead Irish Defence Forces on latest peace-keeping mission in the LebanonNext articleREVEALED: Our choice of the top 25 TikTok-ers in Laois LaoisToday Reporter Electric Picnic RELATED ARTICLESMORE FROM AUTHOR Twittercenter_img Music Generation Laois Harp Programme in Rath NS. Pupils with Tommy Fitzgerald, Principal Rath N.S. and Siobhan Buckley, Music Generation Laois with harps provided by Music Generation Laois to Rath N.S. as part of the MGL Harp Programme.Picture: Alf Harvey Rath National School near Ballybrittas this week received three new harps, under the Music Network Music Capital Scheme. Rath National School established a harp programme in partnership with Music Generation Laois in 2012. Since then the programme has gone from strength to strength, with young harpers performing at many notable events including, Music Generation Laois’ annual Schools’ Out for Summer Concert in The Heritage Hotel Killenard, and in the Dunamaise Arts Centre, Portlaoise. Young harpers from Rath NS have taken part in Nobber Harp Festival in Meath on numerous occasions and also have travelled to Edinburgh International Harp Festival.Siobhan Buckley, Harp Tutor from Music Generation Laois, works with 29 young harpers from Rath National School each week. Speaking about the special delivery the school received this week, Siobhan commented , “The young people I work with each week in Rath are a super bunch of young harpers.“They work so hard, and have made the absolute best of the challenges we have all faced since March 2020. “I’m thrilled for Rath NS that they now own their own harps. In addition, the school now has a dedicated space for music classes where the harps will be situated!”Young people from Laois and neighbouring counties can sign up to the Music Generation Laois harp programme, and attend classes in Laois Music Centre, Portlaoise – harps are provided and fees are heavily subsidised to make taking part really accessible. A range of instruments and opportunities are available, from rock bands, trad programmes, drumming, and The Music Box, a programme for children and young people with special needs. Laois schools can sign up to take part in programmes with Music Generation Laois. See musicgenerationlaois.ie or email [email protected] or call 057 8681782Music Generation Laois is a performance music education programme for children in the county. It is part of Laois Offaly Education and Training Board, and supported locally by Laois County Council. Nationally Music Generation Laois is part of Music Generation, Ireland’s National Music Education Programme, initiated by Music Network and co-funded by U2, The Ireland Funds and the Department of Education and Skills. Since Music Generation Laois started in 2012, they have invested in over €120,000 in an instrument bank for the county.  WhatsApp SEE ALSO – New cafe to open at popular Glenbarrow Falls ahead of tearooms development Pinterest Council Pinterest WhatsApp Twitter Facebook Mary Sweeney elected Cathaoirleach of Portlaoise Municipal District for next 12 monthslast_img read more

Support Grows for Indigent Housing Initiative

first_imgRelatedSupport Grows for Indigent Housing Initiative Support Grows for Indigent Housing Initiative UncategorizedNovember 5, 2008 FacebookTwitterWhatsAppEmail Organisations and churches have been showing their support for the Indigent Housing Scheme through contributions, with a major donation coming from communications giant, Digicel Jamaica, which has pledged $500,000.The Scheme was launched in July by Minister of State in the Office of the Prime Minister, with responsibility for Local Government Reform, Robert Montague.In July of this year, churches across the island were asked to take up a special collection to support those registered poor and in dire need of reasonable shelter. This was followed up by the commitment of $500,000 by the Digicel Foundation in August.The next milestone in the Indigent Housing Programme, according to Minister Montague, is scheduled to take place on November 20, when he will be hosting a breakfast meeting for private sector interests, who will be asked to donate to this project. At that time, Digicel is expected to present its commitment in the form of a cheque.Members of Parliament, in the meantime, have requested a list of the registered poor in their respective constituencies, in order to support the project through the Constituency Development Fund (CDF). Under the Fund, each Member of Parliament receives $40 million per year, some of which is earmarked for social housing.Minister Montague has also appealed to members of the Jamaican Diaspora to contribute to the Fund, which is intended to raise $50 million to provide care for Jamaica’s indigent.Speaking at a Town Hall Meeting in Toronto, Canada, recently, the Minister explained that there are two categories of indigent persons in Jamaica. He listed them as those persons without homes of their own who reside in infirmaries, and others who live in their own homes, but who require and receive assistance from the state.The Minister explained that some of the houses in which these people live are in a state of disrepair, while others are actually falling apart, hence the appeal for contributions to the Indigent Housing Fund. RelatedSupport Grows for Indigent Housing Initiativecenter_img Advertisements RelatedSupport Grows for Indigent Housing Initiativelast_img read more

CU Business Professor To Receive Hazel Barnes Faculty Prize

first_imgG. Dale Meyer, an internationally renowned business professor at the University of Colorado at Boulder, has been selected to receive the Hazel Barnes Prize, the campus’ highest honor for teaching and research. The prize includes an engraved University Medal and cash award of $20,000. Chancellor Richard L. Byyny announced that Meyer, who helped establish CU-Boulder’s highly ranked entrepreneurship program, will be recognized during commencement exercises May 15 in Folsom Stadium. “As a teacher and a scholar, Professor Meyer sets a high standard in the world of academe,” Byyny said. “And, moving beyond campus boundaries, he has forged mutually supportive alliances with the business community that benefit our students and faculty as well as the marketplace.” In the early 1990s, Meyer was instrumental in creating the Center for Entrepreneurship, co-sponsored by the College of Business and Administration and the College of Engineering and Applied Science. The center has been ranked in the nation’s top 25 for the past three years. The popular program, which includes courses at the undergraduate, master’s and doctoral levels, attracts students with opportunities to engage in internships and develop “real-world” business plans — often leading to post-graduation job offers. Meyer, who joined the business faculty as an assistant professor in 1970, now holds the Anderson Professorship of Strategy and Entrepreneurial Development. He has received numerous teaching awards at CU, including President’s Teaching Scholar in 1990 and Graduate Professor of the Year in 1997 by vote of the graduating MBA class. In 1995, he was named a Price-Babson Fellow by the Center for Entrepreneurial Studies at Babson College. Meyer is a prolific scholar with 50 refereed journal articles, 58 refereed papers and 15 invited papers at professional conferences, and 52 technical reports to his credit. He has won two “best journal article” awards and five “best paper proceedings” awards. He has served as president, vice president, chair or board member of 17 professional associations and served on numerous committees and panels. In addition, Meyer has served on two boards of directors for minority business development organization and is a past chair of the board of directors of the Boulder Chamber of Commerce. In 1986, Meyer was chosen as a Boulder County Pacesetter in Business by the Boulder Daily Camera. He holds a bachelor’s degree in economics and psychology from Northwestern University, a master’s in economics from Northern Illinois University, and a doctorate in business from the University of Iowa. The largest single faculty award funded by the university, the Hazel Barnes Prize is the university’s highest recognition for the integration of research and teaching excellence. Meyer is the seventh Hazel Barnes Prize recipient, joining Klaus Timmerhaus of chemical engineering (1992), Reginald Saner of English (1993), David Prescott of MCD biology (1994), Michael Grant of EPO biology (1995), John “Jack” Kelso of anthropology (1996), and Jane Bock of EPO biology (1997). The prize was established in 1991 by former Chancellor James Corbridge in honor of philosophy Professor Emerita Hazel Barnes to recognize “the enriching interrelationship between teaching and research.” Barnes, a renowned teacher from 1943 until her retirement in 1986, is internationally known for her interpretation of the work of French philosopher Jean Paul Sartre. Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: April 21, 1998 last_img read more

CU-Boulder Closing At 2 P.M Today, Will Resume Operations At 6 A.M. Saturday

first_imgThe University of Colorado at Boulder campus is closing today at 2 p.m. for all but essential employees due to hazardous weather conditions, according to Provost and Acting Chancellor Phil DiStefano. The campus will resume normal business operations and previously scheduled activities at 6 a.m. Saturday, Jan. 6. The CU basketball game on Saturday, Jan. 6, at 2 p.m. is currently planned to proceed as scheduled. For updates on the Jan. 6 game go to CUBuffs.com or call 1- (800) 49BUFFS. People planning to attend the game are encouraged to assess travel conditions and exercise good judgment and caution. For additional campus closure information people are advised to monitor news reports and check for information posted on the CU-Boulder Web site at www.colorado.edu and the CU-Boulder Info Line at (303) 492-5500. No classes will be affected by the closure. Spring semester classes at CU-Boulder will begin on Jan. 16. Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: Jan. 4, 2007 last_img read more