MERC Leadership Academy
Education and Economic Development
A review of the relationship between education and economic development in the state and local communities with emphasis on developing human capital for building and sustaining an economic engine for the state and local communities
Elisha Gray II Professor Emeritus of Economics at the Massachusetts Institute of Technology (MIT)
Professor Temin received his B.A. from Swarthmore College in 1959 and his Ph.D. in Economics from MIT in 1964. He was a Junior Fellow of the Society of Fellows at Harvard University, 1962-65, the Pitt Professor of American History and Institutions at Cambridge University, 1985-86, Head of the Economics Department at MIT, 1990-93, and President of the Economic History Association, 1995-96.
Professor Temin's most recent books are The Roman Market Economy (Princeton University Press, 2013), Prometheus Shackled: Goldsmith Banks and England’s Financial Revolution after 1700 (Oxford University Press, 2013, with Hans-Joachim Voth), and The Leaderless Economy: Why the World Economic System Fell Apart and How to Fix It(Princeton University Press, 2013, with David Vines).
Profesor Temin presented his paper "The American Dual Economy: Race, Globalization, and the Politics of Exclusion".
How Economics and Race Drive America’s Great Divide An Interview with Peter Temin By Lynn Parramore
Can education stop the country’s backward slide?
In the America of haves and have-nots, fewer folks are “movin’ on up” like George Jefferson of the classic sitcom. In a new paper for the Institute for New Economic Thinking, Peter Temin, MIT economist and economic historian, breaks down how it happened and where we’re headed with a powerful model first used by West Indian economist W. Arthur Lewis, the only person of African descent to win a Nobel Prize in economics. Dual economies are common in less developed countries, but Temin argues that America has now diverged into a top thirty percent, where children receive excellent educations and grow up to work in sectors like finance, technology and electronics industries (FTE)— and then there’s the rest, the low-wage folks who live paycheck to paycheck and whose kids have little hope of joining the lucky ones at the top. Temin explains what drives the dual economy, what race has to do with it, how children are hurt, and why our political system can’t seem to fix anything.
Dr. Temin's presentation: The American Dual Economy: Race, Globalization and the Politics of Exclusion
Rhonda Vonshay Sharpe
Associate Visiting Professor of Economics at Bucknell University
Dr. Sharpe has three primary areas of research interest: in 1) educational attainment of women and blacks; 2) disparity in education policies; and 3) diversity of faculty and the scientific workforce.
Her most recent publications include: “What Type of Institutions are Successful at Replicating the Diversity of the Full-Time Student Population in the Pool of Bachelor's Degrees Awarded for STEM-Disciplines” in Beyond Stock and Stories of Folk Tales: African Americans and the Pipeline to the Professoriate and Evidence Based Examination of STEM Fields (Diversity in Higher Education series); and “America’s Future Demands a Diverse and Competitive STEM Workforce” in Jobs Rebuild America: Putting Urban America Back to Work. She just completed a study titled: "HBCUs: Creating a Scientific Workforce Otta 15 Cents".
She is president-elect of the National Economic Association. She has presented papers at more than 50 conferences and seminars throughout the country. Dr. Sharpe earned her Ph.D. in economics/mathematics from Claremont Graduate University in Claremont, California and a bachelor’s degree in mathematics from North Carolina Wesleyan College.
Dr. Sharpe's presentation: Mississippi’s Finance, Technology & Electronics Sectors
William R. Emmons
Assistant Vice President and Economist at the Federal Reserve Bank of St. Louis
Education, Mobility and Success: The Role of Race and Ethnicity A primer on the relationship between wealth development, management, and education.
Deputy Program Director, National Employment Law Project (NELP)
Why Educated Persons are Unemployed? A discussion on realizing the employee benefits of being an educated person.
Oleta Garrett Fitzgerald
Director, Children's Defense Fund- Southern Regional Office
Unequal Lives: The State of Black Women and Families in the Rural South - An overview on the most significant and persistent barriers to success, opportunity, and economic security for lower-income women and families in the rural South.
Assistant Professor Dept. Curriculum & Instruction /nSPARC/MSU
Escaping a Legacy of Poverty via Education and Economic Development- Strategies for building a new middle class by using the tools of education and economic development.