Newsletter

Forthcoming 2015 Issue



In this Issue

Blueball Introductory Remarks -- by Dwayne Benjamin, Chair
Blueball Avery Shenfeld gives the Eleventh Annual Berkowitz Lecture
Blueball The 2015 Spring Party
Blueball The 2015 GEU End-of-Year Dinner
Blueball Celebration of Arthur Hosios's Ten Years as Department Chair


blueline

Introductory Remarks

by Dwayne Benjamin, Chairman of the Departmemt

When he takes over as Chairman on July 1, replacing Arthur Hosios whose term
eill have ended, Dwayne will write some introductory remarks for the Newsletter

blueline

Avery Shenfeld gives the Eleventh Annual Berkowitz Lecture

On March 11 our eleventh annual berkowitz lecture was given by Avery Shenfeld, Managing Director and Chief Economist at CIBC World Markets Inc., who holds a Ph.D. in economics from Harvard University. The title of his talk was "Textbooks and Trading: Where Theory and Practice Diverge".

blueline

What's Happening in the Department of Economics

The 2015 Spring Party

Our 2015 Spring Party was held on April 29th from 5 to 7:30 PM in the Comnmon Room. We celebrated the retirements of faculty members Morley Gunderson and Jim Pesando and administrateive worker Kitty Legault. Beverages were served by Kaylee Slade and Catherine Braunstein with monitoring by Ronnie Clarke and Clayton Hillis, all from Campus Beverage Service, and food was arranged through Pickle Barrel and served by workers Paula and Dianna Bedoya from that company. Department Manager Ivy Lo was instrumental in organizing the event. Using the sound system, set up by Darko Gravilovic, Chairman Arthur Hosios welcomed the rather large group present. After praising Kitty for the critical role she played in making all our lives easier, he then thanked Miguel Faig and Dwayne Benjamin for their efforts as Associate Chairs for the graduate and undergraduate programs respectively and Jordi Mondria for his work as acting co-director of the MFE program, noting that Ettore Damiano, Gillian Hamilton and Katya Malinova have agreed to take on these three positions and thanking them for signing on. Morley then received Arthur's praise for his work in econometrics and industrial relations and the example he set for the young people in the Department and for the rest of us. And Jim was praised for his early work on interest rates and expectations, subsequently on pensions and, most recently, on the art market, and for his excellence in teaching, especially in Eco100. In recognition of Jim's seminal contibution to economic analysis of the art market and in recognition that his data did not include any prints from Picasso's mini-print period, Arthur arranged the purchase of a genuine and very rare Picasso mini print for addition to Jim's collection.

It a very enjoyable occasion!

The 2015 GEU End-of-Year Dinner

The Graduate Economic Union held its End-of-Year Dinner on May 6 at l'Expresso Bar Mecurio at 5:30PM. The event was organized by Christine Tewfik and Maripier Issabelle and was well attended by students and faculty. It was an opportunity to celebrate the end of comprehensive exams for second-year PhD students, the end of degree-studies for MA students and the end of another year (and winter) for everyone else. There were abundant opportunities for discussion among students and faculty and the food was excellent!

Celebration of Arthur Hosios's Ten Years as Department Chair

A Department party was held on June 18 between 5PM and 8PM to thank Arthur Hosios for his ten years as Chair of the Department ending this month. The celebration was arranged by Dwayne Benjamin, who will take over as our new Chair on July 1, and our administrator Ivy Lo. Dwayne, who has served as Associate Chair in charge of undergraduate studies, welcomed the large group of faculty and students attending, making some joking comments on dealing with people in the process of running the Department. He noted that the Department was successful in performing its duties under Arthur's leadership and noted Arthur's distinguishing traits: A first rate economist and a kind man with a first-class sense of humour and sound judgment, instincts and common sense. He then noted that he will try very hard to follow Arthur's example. Arthur then went to the podium, and after thanking Dwayne for his remarks, praised Nada Elmasarany, Marica Smolic, Ivy Lo and the late Margaret Anderson for their first-rate administrative efforts. He then thanked Dwayne Benjmamin and Angelo Melino for running, respectively, the undergraduate and graduate programs and gave special thanks to his wife, Louise Harris. Lastly, he thanked everyone in the Department for giving him the opportunity and support to push the Department forward. Dwayne then returned to the podium and presented to Arthur a gift, consisting of original Picasso lithiographs, paid for with donations from members of the Department. This was followed by a reading by Arthur's wife Louise of statements of praise written by their children, jokingly claiming to be fearful of making any statements about Arthur on her own. Then colleague Nicholas Li played his guitar in accompanyment to the singing of a song by himself, Dwayne and former chairman Don Dewees in description of Arthur's work. The song was a humourous modification of "It's Been a Hard Day's Night". The event ended with cake and other deserts that followed food that had been previously passed out. For those that were interested the evening ended with Arthur's After Party, which began at 8:30 at 151 Bloor Street West at a place called La Societe.

Seminar Presentations

The Department has a practice of arranging presentations of papers to attending members in sessions running frequently during most weeks. These presentations involve authors from our Department as well Economics Departments in Canada and the U.S. and elsewhere.

A history of these presentations, including copies of the papers presented, is available.

Return to the Index

blueline

Department of Economics Welcome Page

From the Editor

Communications, suggestions, and information about alumni and other matters should be addressed to:

Prof. J. E. Floyd
Department of Economics
University of Toronto
150 St. George Street
Toronto, Ontario, M5S 3G7

Return to the Index

Email the Editor