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Golden Jubilee for Economics Arkansas

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Golden Jubilee for Economics Arkansas “Education for Real Life” Volume 12, Issue 2 August 2012 Economics Arkansas Board Officers Golden Jubilee for Economics Arkansas and Executive Committee Members To prepare for our 50th Anniversary celebrations, we’ve been rummaging through anything archival in our office to get a better feel for what things Diane Tatum were like in 1962. Thankfully, Bessie B. Moore kept detailed scrapbooks of Chairman of the Board Bob Watson photos, newspaper clippings, President letters, notes, and much more, Ray Hobbs so we came across lots of treas- Vice-Chairman ures. One of the gems we found Dr. Kieth Williams is the photo right, showing Vice-President Bessie holding up a $10,000 Lou Graham Immediate Past Chairman check that was presented to her Dr. Jim Rollins by these business leaders. It Immediate Past President represents the very first fund- Allison Richardson ing the Arkansas State Council Treasurer on Economic Education (our Dr. Jane Wayland initial name) received. Secretary David Walt VP/Agriculture The story of how Bessie raised Melinda Faubel those funds is testimony to her VP/Business, Industry legendary powers of persuasion: Sen. Johnny Key It was the spring of 1962. No One locked door has led to the opening of VP/Government money had been made available to millions of others! Shane Broadway VP/Education send 52 teachers to out-of-state universities to attend summer training workshops in economics. Bessie in- David Dunn vited 23 business leaders and bankers to the Marion Hotel, locked the doors David Humphrey and explained the problem. Within one hour, she had her required sum of Luke Gordy $10,000. The teachers were on their way, and Arkansas was on its way to Bob Harper Robert Hopkins develop the finest economics education program in the country. Bruce Munro Dr. Tony Prothro We invite you to find out what else we have Chuck Spohn discovered, and what we are celebrating as Dr. Lisa Toms 50 Years we are turning 50! For your personal read, pick Jim Walton up our commemorative anniversary journal in the September issues of the Arkansas Business and the Northwest Inside this issue: Arkansas Business Journal. See below for the applicable dates. Lifetime Board Members 2 On November 8, Economics Arkansas will be celebrating its Golden Jubilee and honoring nine Lifetime Board Members (see article Page 2). “Double Your Impact!” 3 High School Economics 4 Get R.E.A.L.! 5 Awesome Trivia 6 TIPS Corner 7 September 10, 2012 September 17, 2012 Leadership is Our Economic Education Legacy Advocate Award Sue Owens, Executive Director The Federal Reserve Bank of St. Louis— other states with, or considering, manda- I wrote about our 50- Little Rock Branch is being recognized as tory economics classes. year Anniversary in the our Economic Education Advocate this There are also other benefits when we March newsletter, and I quarter! Robert H. Hopkins serves as the partner with the Fed, such as saving re- plan to continue as there Regional Executive for the Little Rock sources with traveling together, so truly, is so much to share! We branch and is also an Economics Arkansas our partnership is a win-win situation! recently discovered a board member. The Federal Reserve Bank Most recently, Economic Education Spe- program for an economic is very supportive of economic education cialist Kris Bertelsen presented at Eco- and has partnered with us for many years. education banquet held nomics Arkansas’s 1st Economics and Some collaborative projects have Personal Finance Education Con- in July of 1963 with Henry Ford II, included standards and activity- ference (see page 5). In addition Chairman of Ford Motor Company based economics workshops, an to presenting three educational serving as our keynote speaker. Mr. annual Economic Concept Calendar sessions for teachers, Kris also Ford stated the following during his competition for K-8, the Personal staffed a display table to provide presentation: Finance Challenge and most re- information about resources the “Your efforts to eliminate economic cently, the Arkansas Economics Federal Reserve Bank has avail- illiteracy through the workshops on Challenge. Each of these events able to teachers at no cost. Kris has advanced the Federal Reserve has also partnered with us all Economics are only one among many Bank’s goal of equipping teachers with summer to present training and programs examples of the progressive attitudes resources to address the economic stan- to teachers in educational cooperatives. of your business, political, and edu- dards in a way that engages students Economics Arkansas has enjoyed a 50- cational leadership. Whether from through active participation. year history of training teachers, and the viewpoint of good citizenship, or Since the state of Arkansas recently through our valuable partnership with the from the viewpoint of individual in- adopted the requirement that high school Federal Reserve Bank, we provide a terest, ignorance of the basic facts students take a semester of economics “superpower” of teacher resources and and principles of economics is a before graduating, the St. Louis Fed and training, including more technological com- grave handicap. It is good to know Economics Arkansas have joined together ponents such as on-line courses, plus in- the state of Arkansas is taking such again to ensure that technology in eco- teractive lessons available for download. vigorous steps to expand and improve nomic education and St. Louis Fed materi- The Federal Reserve Bank of St. Louis the teaching of economics to its als are components of the high school and its Little Rock Branch are strong advo- students.” coursework. The aim is that this partner- cates of economic and financial literacy, ship and curriculum will be a model for and we celebrate our partnership! It has become very clear to me through many weeks of researching our 50-year history; the leaders in Lifetime Board Members 1962 who formed our organization shared a vision to improve individual The following individuals have served on the Economics Arkansas Board of lives and to improve the state of Ar- Directors for 25 years or more: kansas through economic education training. We are deeply grateful to Jim Wooten 33 years Beebe, AR our leaders stemming back to 1962 Jim Walton 29 years Bentonville, AR and for those currently serving today. Jim Rollins 28 years Springdale, AR Bill Fisher 28 years Paragould, AR In honor of our 50th Anniversary, we are recognizing nine individuals Rogers Ford 26 years Joiner, AR who have served or are still serving 25 Benny Gooden 25 years Fort Smith, AR years (or longer) on our board of di- Bob Watson 25 years El Dorado, AR rectors with Lifetime Board Awards. (See listing on the right.) The awards Those being posthumously recognized: will be presented this fall at the Gov- ernor’s Mansion. Thanks to their Mike Wilson* 29 years Wilson, AR leadership and that of so many others, Leonard Dunn 27 years Little Rock, AR we have enjoyed consistency, a clear vision, and unwavering support for our mission. *also served as a board member of the National Council on Economic Education Page 2 The Fourth “R” Program 2012 EconChallenge Winners! Calendar The State Finals for the 2012 Econ- Challenge were held April 12, 2012, at the Riverfront Hilton in North Little August 13, 2012 Rock, AR. Nine teams competed, repre- In-service—Arkansas History senting Genoa Central High School, Crossett School District Huntsville High School, Little Rock Christian Academy, Marion High August 14, 2012 School, Subiaco Academy and Watson Microeconomics HS Module and Chapel Junior High School. Virtual Economics 4.0 workshop The winners of both the Adam Smith Little Rock School District and David Ricardo Divisions were from Little Rock Christian Academy. David Ricardo Champions! August 15, 2012 This year, a student from each division Stock Market Game - was named “Economics Student of the Advanced Training Year.” These students are Blake Keel- Springdale School District ing, Little Rock Christian, and Samuel Mason, Genoa Central High. The EconChallenge was sponsored by: August 17, 2012 *Federal Reserve Bank of St. Louis– In-service—Arkansas History Bentonville School District Little Rock and Memphis Branches *State Farm Insurance *The Council for Economic Educa- September 10 - 12, 2012 tion. Microeconomics, Macroeconomics & Personal Finance workshops Congratulations to all the Adam Smith Champions! Van Buren School District Winners! September 14, 2012 TEACHER GRANTS DUE! Attention Teachers: “Double Your Impact” Grants! September 18, 2012 Stock Market Game Extravaganza - Beginner Training TM In the March issue of our newslet- Arkansas’ Stock Market Game Little Rock, AR ter, we reported “Double Your Im- Program. Teachers can use their pact” grant opportunities available to DonorsChoose.org account to create September 19, 2012 teachers in Arkansas Public Schools a special request project to cover Stock Market Game Extravaganza - using DonorsChoose.org to fund eco- team fees! There is an 80% chance Advanced Training nomics and personal finance lessons your project will reach its funding Little Rock, AR or projects. A generous grant from goal. This unique opportunity is only the Walton Family Foundation funds available to Arkansas teachers! For September 24, 2012 the final half of a teacher’s economics more details, contact Marsha at Stock Market Game Begins! project after donors fund the first half! 501-682-4230 or The response from both teachers [email protected]. and donors has been overwhelming. “Double Your Impact” funding October 4 - 6, 2012 At this time, 72 projects have been has only been guaranteed through Financial Literacy & Economic Education funded for a total of $44,372! Funded 2012. So visit DonorsChoose.org to Conference in Kansas City, KS projects included technology equip- create an account and submit your ment, books, subscriptions to educa- request today! Join teachers whose November 8, 2012 tional journals or newspapers, activity projects have already been funded Moore Awards Luncheon resources, calculators, supplies such as and who are integrating economic Clinton Presidential Center glue, markers, poster board, paint, etc.
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