People
Professor earns grant to study controversial economic idea
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| Medema |
Steven G. Medema, economics professor at the College of Liberal Arts and Sciences at the University of Colorado Denver, recently was awarded a $104,348 project grant by the Institute for New Economic Thinking (INET) through the Institute's Inaugural Grant Program.
Medema will write a book-length intellectual history of the Coase theorem, one of the most important and controversial ideas to emerge in the post-World War II literature in economics. The Coase theorem has transformed economists' analysis of phenomena known as "externalities" – situations in which the actions of one party have spillover effects on others (e.g., pollution) – by suggesting that these problems can be successfully resolved through the market rather than requiring government intervention.
Through the study, Medema plans to use INET's funding to further the understanding of why the theorem came to captivate the minds of economics and legal scholars and how its impact on economics and law reshaped both the theoretical landscape and legal-economic policymaking, while continuing the argument for the relevance of the study of the history of economic ideas.
"The controversy over the Coase theorem and the theorem's diffusion into economic and legal thinking is a fascinating episode in the history of economic ideas both for its impact on economics and law and because of the insights it provides into how economists go about doing economics," Medema said. "I am very grateful that INET has seen fit to support this research and, more generally, to advocate for the importance of the study of the history of economics as a scholarly field and in the training of economists."
INET's Inaugural Grant Program was created in direct response to arguably the worst economic crisis in world history, and has been designed to encourage and support the new economic thinking required to effect change that will avert future crises. The program was launched in 2010, received more than 500 applications from around the world and has selected 30 initiatives to be awarded grants–totaling $6.75 million. INET's Grant Program will continue with two similar grant cycles annually, the next one commencing in the spring of 2011.
Hospital has new director of cardiac, vascular services
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| Karen Lovett at work last summer in the CICU. |
Karen Lovett, RN, MS, CCRN, CMC, is the new program director for cardiac and vascular services at the University of Colorado Hospital. Previously, she served as associate nurse manager of the Cardiac Intensive Care Unit (CICU).
"She has demonstrated excellent leadership abilities and has also developed positive working relationships with the staff, faculty and her peers," wrote Lorna Prutzman, RN, MSN, in announcing Lovett's appointment.
Prutzman, cardiac and vascular services executive director, said Lovett will have full management responsibility for the pre-post procedural holding area, the electrophysiology lab, interventional radiology and the cath and bronchoscopy labs. She also will assist with the hospital's clinical quality and patient safety initiatives, the expansion project and IT integrative strategies.
Lovett joined the hospital in 1996 as a clinical nurse in the cardiology/step-down unit, then went on to become a clinical nurse educator for the medical/surgical cardiology/telemetry unit and charge nurse for the CICU and medical intensive care unit.
Dance professor's film to make state debut at Starz Denver Film Fest
Assistant professor Erika Randall's new film "Leading Ladies" will make its Colorado debut at the Starz Denver Film Festival, at 6:30 p.m. Saturday, Nov. 6, and 4:30 p.m. Sunday, Nov. 7, at the Denver FilmCenter/Colfax.
Randall is a choreographer, performer and professor in the department of theater and dance at the University of Colorado at Boulder. It's the first film project from Randall (writer, director, co-producer, choreographer) and Daniel Beahm (producer/director).
For more on Randall and the film, see the College of Arts and Sciences Magazine.
Dropping names ...
Brenda J. Allen, associate dean and professor of communication at the University of Colorado Denver, was an Inaugural Scholar at the recent launch of the Waterhouse Family Institute for the Study of Communication and Society at Villanova University. Among her activities for the event: Serving as a presenter on a panel titled "Communication as Change Agent." ... Greg Cronin, associate professor of integrative biology at the University of Colorado Denver, has been elected chair of the College of Liberal Arts and Sciences Council effective at the beginning of the spring semester. Cronin has been a longtime member of the council and has exhibited a strong dedication to the mission of the college.
Want to suggest a colleague — or yourself — for People? Please e-mail information to Jay.Dedrick@cu.edu
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