Inside Higher Ed Highlights Pace’s Largest and Most Successful Fund-raising Effort

In an article about college and university fund-raising efforts in the economic downturn, InsideHigherEd.com mentions Pace’s most successful fundraising effort, and links to the Pace’s Official release.

In an article about college and university fund-raising efforts in the economic downturn, InsideHigherEd.com mentions Pace’s most successful fund-raising effort, and links to the Pace’s official release. The goal of $100 million was exceeded with  $101.1 million generously donated to Pace.

The Inside Higher Ed article can be found here.

The Star-Ledger Looks to Pace University Economics Professor’s Opinion on the State of American Employment Rates

According to Pace University Economics Professor Farrokh Hormozi: “The state of the American economy, particularly the New York metro area, has been improving consistently since, at least, the third quarter of 2009.”

Star-Ledger: Job figures suggest recovery, but it’s going to be slow . . . . According to Pace University Economics Professor Farrokh Hormozi: “The state of the American economy, particularly the New York metro area, has been improving consistently since, at least, the third quarter of 2009.” Employers are hesitant to believe, however, that this trend is real and will continue. Professor Hormozi notes “employers are influenced by their perceptions of the state of the economy. When the economy is on the downward path, they see the gloomy picture and act quickly to stay afloat, laying off employees. On the way up, on the other hand, they prefer to wait for more assurances. They offer overtime to the existing workers rather than committing to new ones.”

Vice President for Philanthropy at Pace University Speaks About Exceeding the University Campaign Goal

Christine Meola was featured in Crain’s New York Business: Passing the funding test – Despite the recession, schools bring in record contributions.

Crain’s New York Business: Passing the funding test – Despite the recession, schools bring in record contributions . . . .“You have to continue to build relationships and not be afraid to ask [for money] in a down economy,” says Christine Meola, vice president for philanthropy at Pace University, which this month hit its three-year, $100 million campaign goal two months ahead of schedule.

. . . Pace University this year started doing generational marketing, making different pitches, say, to baby boomers and new graduates. Nearly 10 months into the fiscal year, its annual fund is up 28% over last year, and overall donations are up 13%.

 

Pace Professor Michael Szenberg Gives his Two Cents about the Stimulus Act

Obama’s stimulus act was aimed at rejuvenating spending and encouraging economic activity, but Pace Professor Michael Szenberg says during the economic slump, the natural urge to save prevailed.

Management Today: What Would Keynes Think? . . . A significant motivator to the Keynes school of thought is that government intervention will help preserve the population’s animalistic spirit – the spirit and confidence to go out and spend money, start businesses and take chances in general.
. . . Obama’s stimulus act was aimed at rejuvenating spending and encouraging economic activity, but Pace Professor Michael Szenberg says during the economic slump, the natural urge to save prevailed.
“Keynes would say even the stimulus was not enough,” he notes. “It wasn’t enough because people still were not spending. Whoever got the stimulus just put it away. The animal spirits that encourage spending are just missing, to an extent.
“Consumption is the best driver of investment,” Szenberg says, “so Keynes is right. If people consume, the animal spirit will enter, and they’ll invest in machinery, factories, etc.”

Pace Professor featured on FOX 5 News and in “In These Times”

Christopher Malone, associate professor of political science at Pace and director of its
Pforzheimer Honors College, discusses Medicaid fraud and Social Darwinism in the media.

Fox 5 News: See a video of Christopher Malone, associate
professor of political science at Pace and director of its 
Pforzheimer Honors College, discussing the widespread problem of Medicaid fraud.

In These Times:  Finding the Forgotten Man — Tea Party populism and the return of Social Darwinism. Read an article by Professor Malone, who is the author of Between Freedom and Bondage: Race, Party and Voting Rights in the Antebellum North (Routledge, 2008).