The Invisible Hand

Fall 1997

Volume I


Welcome to the Fall 1997 issue of The Invisible Hand, the Economics Society newsletter. The newsletter has undergone a name change (formerly Das Economist), but we hope to provide similar information. The goal of the newsletter is to provide a medium of information exchange among students, faculty and alumni. We also look to promote awareness of the activities of the Economics Department at Trinity University.

Alumni Updates


Alumni updates are provided by former students, faculty members, and friends of Trinity graduates. Alumni information should be directed to Matt Grunert, Vice-President for Alumni Relations, at mgrunet@trinity.edu. Alumni updates may also be sent to the Economics Society via either Dr. Patterson at dpatters@trinity.edu or Dr. Kamdar at nkamdar@trinity.edu.

Amy Crews (1989) is heading south from Syracuse University to Washington, D.C. She will soon be working in the Housing, Economics and Financial Research Department of Freddie Mac.

 Daniel G. Hansen (1991) graduated from Michigan State University in May 1997 with a Ph.D. in Economics.

 Douglas Smith (1992) works for J.P. Morgan & Co. where he prepares financial analysis for senior management.

 Andrew S. Wilken (1992), a graduate business student at the University of Texas at Arlington, received a Texas Business Hall of Fame Foundation Scholarship.

 Garrett Ulosevich (1995) is employed as a research assistant at The Federal Reserve Board in Washington, D.C. He is working in the International Banking Section of the Division of International Finance.

 Dave Borders (1996) and Wes Heide (1996) are working in Dallas for Price-Waterhouse.

 Juan Garcia (1996) transferred to Georgetown University as a second year law student.

 Eugene Kuo (1996) is employed by Arthur Anderson Consulting and is currently on assignment at USAA in San Antonio.

 Ramey Barnett (1997), Ryan Osterholm (1997) and Lee Anne Barkley (1996) are in Houston working for the Economic Resource Group.

 Brian N. Gibson (1997) is attending graduate school at Trinity in the accounting masters program. He will graduate in May 1998 and will be working in Austin as an auditor for Price-Waterhouse in their Technology Industry Group.

 Jason T. Klein (1997) is a first year law student at the University of Texas, and Sejal Patel (1997) is a first year law student at Northwestern University.

 Drew Weston (1997) is a Business Analyst with the Deloitte & Touche Consulting Group.

 Onward to Monterrey

 

When students look to study abroad, they usually look to Europe or perhaps Asia for the best educational opportunities. Most people do not take into account that San Antonio is only a few hours from the border of a foreign country. Mexico is the forgotten land that boasts a multitude of foreign exchange programs for American students.

Now going to study in Mexico has been made easier than ever. Dr. Jorge Gonzalez of the Trinity University Economics Department has long been familiar with Mexico. Having grown up and attended college in Monterrey, Dr. Gonzalez is attempting to open the eyes of college students to the integration of world cultures. He has teamed up with faculty members at Monterrey Tec, the pre-eminent university in Mexico, in order to try to bring the two institutions together.

Students from Trinity can spend a semester in Mexico while people from Monterrey Tec can experience life in San Antonio. Trinity undergraduates are eligible for the program regardless of field of study or even ability to speak Spanish. There is also a program for faculty that allows them to spend a week in Monterrey. Anyone interested in the program is encouraged to contact Dr. Gonzalez in the Economics Department.

 Discussing Your Freedom

 

Dr. William Breit has demonstrated once more why he is one of the country’s leading economists. In early September Dr. Breit attended a meeting of the prestigious Mont Pelerin Society in Spain. This society includes individuals at the top of their fields in such areas as economics, philosophy, science and journalism. Founded following the end of World War II by the Nobel-prize winning economist F.A. Hayek, the society members gather from around the world to discuss their ideas on individual freedoms and civil liberties.

Following the defeat of the fascist regimes in Italy and Germany, Hayek feared that the rise of communism and men like Stalin could threaten freedom. Hayek was an avid liberal in the European sense. A liberal in this context is one who strongly believes in the liberty of the individual. Due to the fact that Hayek was an economist, it can easily been seen why the group was dominated by economists in the early days.

Past society meetings have boasted the names of such economic greats as Milton Freedman and Frank Knight. However, over the years the scope of the society has widened in an attempt to encompass all aspects of life and liberty. 1997 marked the 50th anniversary of the first meeting of the society. The topic of discussion for this monumental date was whether individuals in Europe enjoyed a greater degree today rather than 50 years ago. Naturally a great deal of the discussion centered on the fall of the Soviet Union and the establishment of new governments in Eastern Europe.

According to Dr. Breit, the next meeting of the society will be held in Washington, D.C. in 1998. From what Dr. Breit has indicated, he will certainly be looking forward to this meeting.

 Faculty Updates

 There are two new additions to the Economics Department this year, so to speak. Both Dr. Kamdar and Dr. Patterson have new mouths to feed. Dr. Kamdar’s son, Aakaash, and Dr. Patterson’s son, John Radcliffe, are both healthy and doing well.