As I write this, I am attending a class, Alternative Economic and Monetary Systems, in Vienna.
I chose to spend some of my summer in this manner, because I have had increasing concerns about capitalism as a viable economic system, given its role in global climate change and increasing financial inequality. But leave it to my Strategy and Business Ethics students to ask the most relevant question: if not capitalism, then what is better? I have no answer, so I came to Vienna looking for one.
Ryan Mahaffey (Economics ’11, Grinnell, Iowa) sees a lot of parallels between coaching and economics. Both require logical, analytical thoughts. Both require the important skill of articulating those thoughts in a concise and cohesive manner. Both demand a high level of precision.
“Those are things that continue to apply each and every single day as a coach,” said Mahaffey, now the offensive coordinator for UNI’s football team.
Al Faisal Yasin (Accounting ’20, Jordan) came to understand the value of compromise during his time as leader of UNIBusiness’ team for the Deloitte Regional FanTAXtic Competition. Compromise was essential because being open to new ideas and working as a unit were the keys to success.
Al Faisal Yasin (Accounting ’20, Jordan) came to understand the value of compromise during his time as leader of UNIBusiness’ team for the Deloitte Regional FanTAXtic Competition. Compromise was essential because being open to new ideas and working as a unit were the keys to success.
The Iowa Realty Scholarship helped change the course of Allison Ries’ (Accounting, Real Estate and Finance ‘19) college path. She received the money in advance of her junior year, and because of the financial burden it eased, Ries added accounting as her third major.
“I was really excited,” Ries said. “This was the first scholarship I was awarded at UNI, and it was a huge help for my junior year. I was planning on graduating a year early, but when I got the scholarship, I added my additional major.”
Bob Inglis, a former U.S. congressman from South Carolina, has a friend in the recycling business. Whenever Inglis discusses the topic of sustainability, the environment and how to tackle these issues, he gets a simple but practical answer from his friend: “Sustainability means making a profit.”
“That’s what he tells me,” Inglis said. “Fixing economics is key, and sustainability becomes sustainable because it’s profitable.”
Inglis is truly trying to make sustainability profitable. That’s how he believes everyone can get behind the sustainability cause.
“The man who dies rich, dies disgraced.” – Andrew Carnegie
Not content with income redistribution, many politicians are advocating a “wealth tax” to redistribute wealth. The top one per cent of American households own a large proportion of wealth in America.
8:00 AM to 1:00 PM
Wednesday, March 4th, 2020
UNI Commons
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The two weeks before Oct. 4 were a sprint for the UNIBusiness American Marketing Association (AMA) Marketing Strategy team. At least, that’s how Jacob Smith (Marketing ’20, Urbandale, Iowa) described it.
In those two weeks, the four members were preparing for the annual Marketing Strategy competition at the AMA Regional Conference at the University of Wisconsin-Whitewater. Their task was to create a comprehensive marketing plan for Montgomery Ward, a 140-year catalog company. The goal was to target Generation X.
Scholarships didn’t really interest Chris Hoins (Accounting ‘95) when he arrived at UNIBusiness in the late 1980s. He and his Waverly high school sweetheart, Dawn, were planning to marry partially in an effort to receive more financial aid. They were self-sufficient and wanted to be treated as independents on their government applications.
Chris searched scholarship listings during those early college years, but nothing popped out — much to his detriment, he admits today.