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UC-Berkeley biochemist to lecture on realizing promise of research
CHAMPAIGN, Ill. – Edward Penhoet, a biochemist and a former dean of the School of Public Health at the University of California at Berkeley, will give the Arnold O. Beckman Lecture in Science and Innovation April 4 (Tuesday) at the University of Illinois at Urbana-Champaign. The free public talk will start at 4 p.m. in […]
Deloitte & Touche USA chairman to lecture on leadership and integrity
CHAMPAIGN, Ill. – Sharon L. Allen, the chairman of the board of Deloitte & Touche USA, one of the nation’s leading accounting and consulting firms, will talk about leadership and integrity Thursday (March 30) as the 2006 Leighton Lecturer on Ethics and Leadership at the University of Illinois’ College of Business. The free public talk […]
Paul Krugman, New York Times columnist, to speak at U. of I. on health care
CHAMPAIGN, Ill. – Paul Krugman, a columnist for The New York Times and a professor at Princeton University, will talk about the future of health care April 3 (Monday) during a lecture at the University of Illinois at Urbana-Champaign. The free, public talk is scheduled to begin at 4:30 p.m. in 228 Natural History Building, […]
High court decision a setback for older workers, U. of I. law professor says
CHAMPAIGN, Ill. – A potential legal hurdle for corporations seeking to cut costs through mandatory or voluntary layoffs was lifted when the U.S. Supreme Court gave its latest interpretation of the Age Discrimination in Employment Act (ADEA). At issue in Smith v. City of Jackson, a case decided last year, was whether age discrimination took […]
Activist shareholders’ impact on corporate America
David Ikenberry is a professor of finance and the chair of the finance department in the College of Business. His research has focused on issues relating to stock-market returns as well as the informational efficiency of markets and the reasons why companies buy back their own stock. The growing influence of “activist stockholders” in corporate […]
Social Security still imperiled, says scholar who promoted Bush plan
CHAMPAIGN, Ill. – While the Bush administration’s efforts to change Social Security have faltered, the ticking time bomb of a revenue shortfall has not gone away, a University of Illinois expert warns. Jeffrey R. Brown, a professor of finance in the College of Business who was active in crafting and promoting the administration’s Social Security […]
U. of I. economic index fell in February, but economy still growing
CHAMPAIGN, Ill. – The U of I Flash Index fell in February to 106.6 from its 107.1 reading in January. “Despite the decline, the result for February still indicates that the Illinois economy is growing at a good clip,” said J. Fred Giertz, the U. of I. economist who compiles the monthly index. “Last month’s […]
U.S. must clarify workers’ responsibilities in national emergencies
CHAMPAIGN, Ill. – How far can the government go in forcing civilians to perform potentially life-threatening jobs during a national emergency? The legal questions regarding compulsory work during a man-made or natural catastrophe have not been settled, Michael H. LeRoy, a professor at the University of Illinois Institute of Labor and Industrial Relations and College […]
Track record of anti-poverty ‘Enterprise Zones’ is mixed
CHAMPAIGN, Ill. – Since Ronald Reagan’s presidency in the 1980s, attempts to alleviate poverty have shifted away from urban renewal and centralized government planning to so-called “market-based solutions.” These efforts include Empowerment Zones and Enterprise Communities, programs that seek to lift families out of poverty through market expansion. As part of these programs, tax credits […]
U. of I. Flash Economic Index now at highest level in eight years
CHAMPAIGN, Ill. – The University of Illinois Flash Index surged ahead in January, rising to 107.1 from its 106.6 reading in December. This marks a post-2001 recession high for the index, exceeding the 106.9 level achieved in July, September and August of 2005. In fact, the index stands at the highest level in eight years […]
How would a gross receipts tax affect Illinois consumers?
J. Fred Giertz has been on the faculty of the Institute of Government and Public Affairs and a University of Illinois professor of economics since 1980. His major research interests are public finance and regional economic development. He specializes in state and local taxation and follows the Illinois economy closely as the monthly analyst of […]
Flash Index of Illinois economy up slightly in December, latest data show
CHAMPAIGN, Ill. – The University of Illinois Flash Economic Index rose slightly in December to 106.6 from its 106.4 level in November. The Index has remained in a tight range (from 106.4 to 106.9) since last June, which indicates that the state economy is growing at a moderate to strong rate, J. Fred Giertz, the […]