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Volume 12, Issue 3 • December 2012 Economics Arkansas ExcEllEncE AwArds Board Officers honor FrEE EntErprisE Diane Tatum Chair pionEErs Bob Watson President s part of the Northwest Arkansas Campaign and our 50th Anniversary, Economics Arkansas Ray Hobbs Vice-Chair hosted the Excellence in Free Enterprise A nd Dr. Kieth Williams Awards luncheon and program on November 2 Vice-President in Rogers, Arkansas, which honored the legacies of Lou Graham J.B. and Johnelle Hunt, Don Tyson and Sam Walton. Immediate Past Chair Dr. Arthur Brooks, Johnelle Hunt, John Tyson and Alice Walton visit at the VIP reception prior These entrepreneurial pioneers built worldwide firms Dr. Jim Rollins to the luncheon. that represent Immediate Past President the pinnacle of Allison Richardson Treasurer success in free enterprise and inspire the entrepreneurs of tomorrow. Dr. Jane Wayland It was a privilege for our organization to salute them and their Secretary accomplishments. David Walt We are grateful to the many volunteers and supporters that VP/Agriculture helped make this such a memorable event: Bob Boehmler, executive Melinda Faubel vice president and loan manager at ARVEST Bank Benton County, VP/Business, Industry welcomed the almost 700 guests. Don Soderquist, the founding Sen. Johnny Key executive of the Soderquist Center and retired COO and senior VP/Government vice president of Walmart Stores, served as emcee. He presented Shane Broadway John Tyson, Megan Boyce and VP/Education the awards and paid moving tributes to J.B. and Johnelle Hunt, Don Jenny Jones. Tyson and his long-time friend Sam Walton. Pamela Conner, 5th Executive Committee grade teacher at Elmdale Elementary of the Springdale School Members District, described how she and her students have benefitted from the training and resources provided by Economics Arkansas. David Dunn Keynote speaker Dr. Arthur Brooks, president of the American David Humphrey Enterprise Institute, author and editorial writer, illustrated the moral Luke Gordy value of free enterprise. He explained that free enterprise has lifted Bob Harper more individuals and nations out of poverty than any government- Robert Hopkins sponsored social program. The Excellence in Free Enterprise Awards were created by Bruce Munro Johnelle Hunt, Don Soderquist, students from Northwest Arkansas middle schools. Emma Wisdom Emma Wisdom & Melvona Ahart. Dr. Tony Prothro (Rogers School District) presented her “Capital Resource” to Johnelle Chuck Spohn Hunt, who accepted the award on her and her late husband’s behalf. Dr. Lisa Toms Megan Boyce (Springdale School District) presented “Have you had Jim Walton your Tyson today?” to John Tyson, the son of the late Don Tyson. Netra Pradhan (Bentonville School District) presented “Producer, Services, Consumer” to Jim Walton, who accepted on behalf of his In this issue: late father, Sam. The awards luncheon was made possible, in part, by the generous Advocate Award .......................2 sponsorships of J.B. Hunt, Tyson Foods, Walmart, ARVEST Bank, EconChallenge.........................3 David Glass, 21c Museum Hotel and other sponsors. See more Jim Walton, Netra Pradhan and Partner School Districts ..........4 pictures on our website, www.economicsarkansas.org. Jerris Ann Palmer. Moore Award Winners .............5 Fundraising News ....................6 Teacher Grants ........................7 An Economics Family Economic Education Advocate Award Reunion conomics Arkansas’ Lifetime Board Members have been selected to n November Ereceive our Advocate Award. These 8, we hosted nine outstanding individuals have served on the board of directors for 25 Oa cocktail years or more! The collective number reception at the of years equals 250! Their gifted Governor’s mansion leadership and vision have propelled to celebrate our 50- our organization to the forefront of the economics and financial literacy year legacy, which cause, and they continue to advocate also concluded a very the importance of this education for special day as we also Sue Owens Arkansas students at every grade level. honored twelve educators Executive Ray Simon, former Commissioner of Arkansas Of the nine honored, two were at the Bessie B. Moore Director Dept. of Education (third from left) joins three of honored posthumously: Mike Wilson and Leonard Dunn. The families of Awards luncheon at the the Lifetime Board Members: Dr. Benny Gooden, these ground-breaking and forward Clinton Library. We normally don’t William B. Fisher and Dr. Jim Rollins. thinking men were present to accept host two large events in one day, but awards on their behalf. as I said to the guests at the mansion, Six of our nine honorees continue to “we sometimes forget we are a staff of serve actively on the board of directors! 6.” I want to again thank the family I Congratulations and Thank You! work with every day for an incredible year. Kathy, Elisha, Claudia, Jennifer and Marsha - you are the most wonderful team to work with! Thanks to those of you who attended our special “family reunion” at the mansion. We are so grateful to Board Vice-Chair Ray Hobbs and his wife, State Representative Debra Hobbs, Jim Wooten receives his award from Senator who personally sponsored our 50th David Pryor. Mr. Wooten has served on the Economics Arkansas board for 33 years and anniversary event. It was also an honor to remains an active board member. recognize Larry Wilson and his son Mark Honoree Rogers Ford (third from left) with his Wilson as Larry’s father, Kenneth Pat daughter, Angela Hudson and his wife, Gloria. Wilson, served as our first board chairman in 1962. One highlight of the evening was hearing from former Senator David Pryor, who brought a few chuckles when Perry Wilson, son speaking about one of his encounters with of honoree Mike Wilson, accepts Bessie Moore. The presentations of the the Lifetime 9 Lifetime Board Awards to the members Board Award who have served 25 years or longer was on his father’s an extremely special part of the evening. behalf. Each Lifetime Board recipient received a Waterford crystal clock engraved with their name and the years served. Former board member, Bobby Lester, served on Senator David Pryor with David Dunn, son of our board for 24 years, so I joked with honoree Leonard Dunn. David currently serves Bobby that he needs to come back for (All photos by on Economics Arkansas’ board of directors fol- just one more year and he can add EA Lori McElroy) lowing in his father’s footsteps. Lifetime Board Member to his resume! For me, the biggest highlight occurred during the last ten minutes of the evening, as one of our Master Economics Teachers from Rogers, Heather Grosze, and her husband walked up to speak. Heather’s eyes were brimming with tears - she told me she was simply overwhelmed with joy from the day, and she thanked EA for helping her become a better teacher through teaching economics. It was a Master Economics Teacher Jo humbling experience for me as the impact Economics Arkansas staff: Jennifer Taunton, Claudia Vanderspikken with Jeannette of what we do was felt at that moment. Utley, Elisha Poteet, Kathy Moore, Sue Owens and Bennett, Economic Education Marsha Masters. Specialist with Federal Reserve We hope to keep making this kind of Bank of St. Louis, and Donna impact for another 50 years! Wright, former Associate Direc- Not pictured: Honorees Bob Watson and Jim Walton. tor for Economics Arkansas. 2 The Fourth “R” • December 2012 High School Econ Challenge Program Calendar he Econ Challenge high school academic competition will be offered once again to Arkansas students during the 2012-13 school year! Economics Arkansas is January 9, 2013 partnering with the Federal Reserve Bank of St. Louis - Little Rock Branch and Stock Market GameTM Awards Luncheon T Verizon Arena our six University Centers for Economic Education to offer this engaging competition available to all high school students in Arkansas. They will participate in one of two 11:30 a.m. - 1:00 p.m. divisions, depending on the extent of economics classes they have taken. There are three North Little Rock, AR levels of competition: 1) Online Qualifying Round: Students take online tests in their school’s computer lab. January 15, 2013 Scores will determine advancement to the next round, which is held at a University Center Stock Market Game Extravaganza in the team’s area of service. DATE: March 25 - 29, 2013 for Beginning Advisors 2) Regional Competition: Up to ten student teams travel to their University Center to compete first as individuals and then as a group. The top two teams in both the Adam 8:30 a.m. - 3:30 p.m. Smith Division and the David Ricardo Division will participate in the State Competition in Little Rock Metropolitan Vo-Tech Central Arkansas. Little Rock, AR DATES: Arkansas State University - April 19 Henderson State University - April 8 Southern Arkansas Univ. - April 12 UA Fayetteville - April 15 January 16, 2013 UA Little Rock - April 9 UA Monticello - April 18 Stock Market Game Extravaganza 3) State Competition: A total of twelve teams will compete for the state championship: for Advanced Advisors six teams in each division. The competition format mirrors the Division competition: 8:30 a.m. - 3:30 p.m. three written tests and a quiz bowl competition. Little Rock Metropolitan Vo-Tech For further details about the competition, visit www.economicsarkansas.org and click Little Rock, AR on the “for teachers” tab. You may contact Jennifer at 501-682-4230 or jennifer@ economicsarkansas.org. January 28, 2013 Stock Market Game Begins! March 1 - 2, 2013 National Association of Economic Educators Conference St. Louis, MO March 25 - 29, 2013 Econ Challenge ON-LINE Competition ATTENTION HIGH Statewide Mark Your Calendar! SCHOOL ECONOMICS April 5, 2013 TEACHERS! Stock Market Game Ends 2013 R.E.A.L. Econ he five-day Standards and May 1, 2013 for All Conference Activity-Based Economics TM Workshop date has been set for Stock Market Game Awards Luncheon July 17 - 18, 2013 TJune 17 - 21, 2013 in Little Rock.
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