Wednesday, December 6, 2023

Assistant/Associate/Full Professor Positions in Business Law and Ethics, Indiana U. Kelley School of Business

Dear BLPB Readers:

"The Kelley School of Business at Indiana University in Bloomington seeks applications for a tenured/tenure-track position or positions in the Department of Business Law and Ethics, effective Fall 2024. The candidate(s)selected will join a well-established department of 27 full-time faculty members who teach a variety of courses on legal topics, business ethics, and critical thinking at the undergraduate and graduate levels. It is anticipated that the position(s) will be at the assistant professor rank, though appointment at a higher rank could occur if a selected candidate’s record so warrants.
Candidates with appropriate subject-matter expertise and interest would have the opportunity to be involved on the leading edge of a developing interdisciplinary collaboration between the Kelley School of Business and the Kinsey Institute, the premier research institute on human sexuality and relationships and a trusted source for evidence-based information on critical issues in sexuality, gender, and reproduction. Such expertise, however, is not required to be qualified and considered for the position or positions."

The complete job posting is here.

December 6, 2023 in Colleen Baker, Jobs | Permalink | Comments (0)

Wednesday, November 29, 2023

Open Postdoctoral Scholar Position - Berkeley Center for Private Law Theory

Dear BLPB Readers:

"Private law structures the legal building blocks that most profoundly affect our social and economic life, notably property, contract, and torts as well as central aspects of family law, trust law, work law, and more. It thus governs our relationships with each other in arguably the most important spheres of our lives: in the market, the workplace, the neighborhood, and intimate relations. Private law theories develop conceptual and normative analyses of these building blocks and critically investigate their meanings, their interrelationships, their varied institutionalizations, and their implications in these and other social settings. The theory of private law has a proud legacy stretching back to antiquity, which has been continually renewed and updated. The need for a new generation of private law theory has become all the more acute given questions and challenges posed by rapid technological change, economic globalization, and the rise of new forms of family and personal relations.

The Berkeley Center for Private Law theory promotes interdisciplinary research on these themes. We organize a variety of activities designed to stimulate dialogue, to exchange and advance knowledge, and to explore new ideas. The Berkeley Center for Private Law Theory aims to foster insights into the legal building blocks of our social and economic life and contribute to making them fair and just.

The University of California, Berkeley invites applications for the position of Postdoctoral Scholar. The successful candidate will be mentored by Professor Hanoch Dagan and the dynamic and collaborative research team of the Berkeley Center for Private Law Theory."

The complete position description is here.


November 29, 2023 in Colleen Baker, Jobs | Permalink | Comments (0)

Thursday, November 16, 2023

Call for Papers - ABLJ 2024 Special Issue: Doing Business in a Disaster Economy

Dear BLPB Readers:

"In 2022, the United States experienced 26 natural disasters, more than any other country in the
world. One storm alone, Hurricane Ian, cost the economy more than $110 billion dollars. Beyond
flooding, drought, and wildfire, in recent years the world has also seen the previously
unimaginable impact of the COVID-19 pandemic and multiple areas of human conflict,
including the war in Ukraine, which has disrupted global food supply and upended life for
millions of people. Each of these disasters brings a unique mix of impact to local businesses,
human lives, and the global economy.

What should businesses, regulators, lawmakers, and attorneys do to prepare for life in an
economy in which disasters are both more likely to strike, due to climate change, and more likely
to have profound multinational impacts, due to globalization? The American Business Law
Journal (ABLJ) seek manuscripts that address this question.

The “Doing Business in a Disaster Economy” special issue will take a broad perspective.
Submissions may cover a wide variety of topics addressing legal planning and regulatory
mechanisms for addressing disasters–before, during, and after the event. Paper topics may
include but are not limited to:
• Insolvency and financial aid, particularly for SMEs post-disaster.
• Meeting health care needs, particularly in underserved or rural areas.
• Addressing the impacts of systemic racism and ethnic bias on disaster preparedness and
the impact of disasters on communities of marginalized populations.
• Economic programs related to unemployment, loan repayment, or essential industry
protection or rebuilding.
• Land use and other environmental programs intended to mitigate predicted impacts of
natural disasters on local and national economies.
• The role of digital assets in a disaster economy.
• Evaluating previous relief programs (such as the American Rescue Plan) and making
recommendations for future programs.
• Valuation of property and insurance issues in high-risk areas.

Submissions incorporating interdisciplinary approaches and/or comparative and international law
are welcome, as are submissions from researchers based outside of North America. It is expected
that four papers will be accepted for the special issue; papers not accepted may be resubmitted to
the ABLJ for publication outside of the special issue.

Articles selected for the special issue will be published in Issue 4, Volume 61 (2024), of the
ABLJ. Submissions must be received by March 1, 2024 for consideration. Submissions should
be made to [email protected]. Authors will be notified of their acceptance by March 15,

The complete call for papers is here: Download ABLJ 2024 Special Issue Call for Papers

November 16, 2023 in Call for Papers, Colleen Baker | Permalink | Comments (0)

Wednesday, November 15, 2023

Open Tenure-track Assistant/Associate Professor Position in Business Law - Babson College

Dear BLPB Readers:

"Babson College invites applicants for a tenure-track Assistant/Associate Professor position in our Accounting & Law division, beginning Fall 2024. We seek an intellectually curious colleague who is aligned with Babson’s mission of educating responsible entrepreneurial leaders who create economic and social value everywhere. Our commitment to diversity of all kinds empowers our students to consider possibilities beyond their own individual experiences – to design products and services, found companies and create value that will transform businesses, communities, and lives. As such, Babson is continually focused on attracting exceptional talent that will add richness to the academic experience. Babson is an Affirmative Action/Equal Opportunity employer."

The complete job posting is here.

November 15, 2023 in Call for Papers, Colleen Baker | Permalink | Comments (0)

Wednesday, November 8, 2023

Open Lecturer Position(s) in Dept. of Bus. Law & Ethics - Indiana University Kelley School of Business

Dear BLPB Readers:

"The Kelley School of Business at Indiana University in Bloomington seeks applications for a full-time, non-tenure-track lecturer position or positions in the Department of Business Law and Ethics, effective Fall 2024. The candidate selected will join a well-established department of 27 full-time faculty members who teach a variety of residential and online courses on legal topics, business ethics, and critical thinking at the undergraduate and graduate levels. Lecturers have teaching and service responsibilities but are not expected to engage in research activities."

The complete job posting is here.

November 8, 2023 in Business School, Colleen Baker, Jobs | Permalink | Comments (0)

Wednesday, November 1, 2023

Call for Papers - 2024 Michigan Junior Scholars Conference

Dear BLPB Readers:

"The University of Michigan Law School is pleased to invite junior scholars to attend the 10th Annual Junior Scholars Conference, which will take place in-person on April 12-13, 2024, in Ann Arbor, Michigan. The Conference provides junior scholars with a platform to present and discuss their work with peers and receive feedback from prominent members of the Michigan Law faculty. The Conference aims to promote fruitful collaboration between participants and to encourage their integration into a community of legal scholars. The Junior Scholars Conference invites papers in response to the 2024 theme or under the general call for papers in law and related disciplines. We welcome applications from graduate students, SJD/PhD candidates, postdoctoral researchers, lecturers, teaching fellows, and assistant professors (pre-tenure) who have not held an academic position for more than four years are welcome. We particularly invite submissions from scholars working on or located in the Global South and scholars from groups traditionally under-represented in academia.

Applications are due by January 5, 2024. For further details, see Conference's website "

November 1, 2023 in Call for Papers, Colleen Baker | Permalink | Comments (0)

Wednesday, October 11, 2023

Open Lecturer Position in Legal Studies - University of Georgia Terry College of Business

Dear BLPB Readers:

"The Department of Insurance, Legal Studies and Real Estate in the Terry College of Business at The University of Georgia invites applications for a full-time non-tenure-track faculty position in Legal Studies at the lecturer level. The expected start date is May 2024 but can be as early as January 2024. The position is renewable based on performance and promotion to Senior Lecturer is possible after six years of service. Participation in service activities appropriate to the rank is expected.  Salary is competitive and commensurate with qualifications."

The complete job posting is here.

October 11, 2023 in Colleen Baker, Jobs | Permalink | Comments (0)

Wednesday, October 4, 2023

Open Tenure-track Faculty Position - Minnesota State University Mankato

Dear BLPB Readers:

"Minnesota State University Mankato is hiring a full-time tenure track Assistant Professor of Business Law position starting Fall 2024. Here is a link to the job posting -

The Business Law program offers a stand-alone certificate and teaches a robust curriculum to undergraduate and MBA students. Classes regularly offered include Legal Environment of Business; Contracts, Sales and Professional Responsibility; Employment and Labor Law; Technology and Intellectual Property Law; Negotiation and Conflict Resolution, International Legal Environment of Business; and Environmental Law.

Applications will start to be reviewed after December 1 and continue until the position is filled. MSU-Mankato is an equal opportunity employer and is a member of the Minnesota State System. Contact Wade Davis if you have any questions: [email protected]."

October 4, 2023 in Colleen Baker | Permalink | Comments (0)

Monday, October 2, 2023

Connecting the Threads VII: This Coming Friday!

I am pleased to report that Connecting the Threads is back for another year--our seventh!  As readers will recall, this annual symposium features the work of your Business Law Prof Blog editors (sometimes with coauthors), with commentary from Tennessee Law faculty members and students.  Every year, my colleagues and I offer up a variety of presentation topics covering developing theory, policy, doctrine, pedagogy, and practice trends in various areas of business law.

This year’s panels include:

“Algorithms to Advocacy: How Emerging Technologies Impact Legal Practice and Ethics”
Marcia Narine Weldon

“The Road and Corporate Purpose”
William P. Murray and J. Haskell Murray

“Is the SEC Proposing a ‘Loaded Questions’ Climate Disclosure Regime?”
John P. Anderson

“Business Lawyer Leadership: Valuing Relationships”
Joan Heminway

“Metals Derivatives Markets and the Energy Transition”
Colleen Baker and James Coleman

If you are in the Knoxville area, please come join us on Friday for the day.  The program runs from 8:30 am (registration) to 3:00 pm.  Registration for CLE credit can be accessed here.

October 2, 2023 in Business Associations, Colleen Baker, Conferences, Haskell Murray, Joan Heminway, John Anderson, Marcia Narine Weldon | Permalink | Comments (0)

Wednesday, September 27, 2023

Fellow in Networks, Platforms & Utilities - Vanderbilt

Dear BLPB Readers:

"The Vanderbilt Policy Accelerator (VPA) seeks applications for a fellow in the field of networks, platforms, and utilities (NPUs). The two-year NPU fellowship is designed to support individuals who are interested in becoming law professors in the field of networks, platforms, and utilities, defined broadly as including transportation, communications, energy, banking, and tech platforms, and cross-cutting issues and themes across these sectors. The NPU fellow is expected to write academic articles for publication in legal journals, participate in the NPU workshop and annual NPU conference, and go on the academic job market in the second year of the fellowship. The NPU fellow will receive mentoring and guidance from Vanderbilt law faculty.

Criteria: Fellows must, by the time of the start of the fellowship, be a graduate of an accredited law school.

Salary and Benefits: Fellows receive a salary and benefits.

Location: Relocation to Nashville is preferred and encouraged, but remote work with occasional travel may be possible.

Application details: Please send cover letter, CV (including references), law school transcript, and a research agenda to"

Additional information is here.


September 27, 2023 in Colleen Baker | Permalink | Comments (0)

Wednesday, September 13, 2023

Professors Baker and Odinet on The Gamification of Banking

Dear BLPB Readers:

I'm delighted to share that Professor Christopher Odinet has posted our new article, The Gamification of Banking, to SSRN!  This was such a fun article to write and I'm so grateful for the opportunity to coauthor with such an amazing scholar!  Here's the abstract:

"Gamification is coming to banking. This phenomenon is already gaining ground in advertising, healthcare, manufacturing, and, more recently, with the GameStop and AMC meme stock saga in securities trading. The idea behind gamification is to make transactions seem fun, playful, and even casino-like in order to elicit habit-forming, addictive-like effects with consumers. We argue that the rise of financial technology (fintech) firms and their ever-growing business relationships with incumbent financial institutions has created the necessary conditions for gamification to take hold in the banking sector. In order to explore this observation, we undertake a study of current examples of banking gamification and create a novel taxonomy of instances where fintech firms and banks offer financial products and services using business models that rely upon on high levels of customers, transaction activity and engagement, and that frequently use the power of social media and online communities. Through our discussion of the nascent gamification of banking, we also explore the tension between consumer protection and various regulatory approaches when it comes to thinking about how to regulate the gamification in the banking sector. Lastly, we theorize banking gamification as coming in three distinct waves, with the final, yet-to-be realized wave being the advent of one-stop-shop, mega financial platforms. We conclude the paper by offering some thoughts on the benefits and costs of gamification in banking."


September 13, 2023 in Colleen Baker, Financial Markets | Permalink | Comments (0)

Wednesday, August 30, 2023

Call for Papers - American Business Law Journal

Dear BLPB Readers:


"The American Business Law Journal (ABLJ) is currently accepting submissions for Volume 61 (2024).  

The ABLJ is a faculty-edited, triple blind, peer-reviewed journal, continuously published since 1963. The journal is ranked #4 in the 2022 Washington & Lee Law Journal Rankings for journals in Business, Corporations and Securities Law, and #2 among all refereed journals. It is ranked as an “A” journal by the Australian Business Deans Council.Our mission is to publish only top quality law review articles that make a scholarly contribution to all areas of law that impact business theory and practice, either U.S. or comparative in scope. We search for those articles that articulate a novel research question and make a meaningful contribution directly relevant to scholars and practitioners of business law. The blind peer-review process means legal scholars well-versed in the relevant specialty area have determined selected articles are original, thorough, important, and timely, and peer editors provide expert feedback and support throughout the editorial process. In particular, our editors are looking for articles that explore contemporary legal topics with direct impact on business and commerce, including:--equality and discrimination in the workplace of the future--speech in the workplace--the future of the administrative state --technology and privacy--healthcare of the future and bioethics --the Metaverse--insolvency and SMEs--alternative currencies --the impact of AI on work and healthcare 


The ABLJ is published quarterly. Articles should be between 16,000 and 20,000 words (inclusive of footnotes). We do not accept notes (student articles), book reviews, or essays. 


Authors may submit their manuscripts and CVs/resumes through Scholastica or directly via email to Robert Landry, Managing Editor at [email protected]We strongly encourage ALSB members to submit their articles outside of the normal law review submission time periods to allow more time for our review to take place and to receive feedback from peer editors. That is, we encourage you to submit from October through January, and April through July. 


For more information on submissions, please review Author Guidelines information on the ABLJ Wiley website."

August 30, 2023 in Call for Papers, Colleen Baker | Permalink | Comments (0)

Wednesday, August 9, 2023

Call for Papers - Institute For Law & Economics, UPenn Law, Second Annual Junior Faculty Business and Financial Law Workshop

Dear BLPB Readers:

"The Institute for Law & Economics (ILE) at the University of Pennsylvania Carey Law School is pleased to announce its second annual Junior Faculty Business and Financial Law Workshop. The Workshop will be held in person on December 7, 2023 at Penn Carey Law.

The Workshop supports and recognizes the work of untenured legal scholars in the business and financial fields, including accounting, banking, bankruptcy, corporations, economics, finance, tax and securities, while promoting interactions with such scholars, selected tenured faculty and practitioners. By providing a forum for the exchange of creative ideas in these areas, ILE also aims to encourage new and innovative scholarship in the business and financial arena.

Approximately 6-8 papers will be chosen from those submitted for presentation at the Workshop. One or more senior scholars and practitioners will comment on each paper, followed by a general discussion of each paper among all participants. The Workshop audience will include invited untenured scholars, faculty from Penn Carey Law, The Wharton School, and other institutions, practitioners, and invited guests."

The deadline to submit papers for consideration is September 8th, 2023.  The complete call for papers is here.

August 9, 2023 in Call for Papers, Colleen Baker | Permalink | Comments (0)

Wednesday, July 19, 2023

Open Tenure-track Faculty Positions - University of Alabama School of Law

Dear BLPB Readers:

"The University of Alabama School of Law seeks to fill up to five tenure-track positions for the 2024-25 academic year.

JOB QUALIFICATIONS: Candidates must have outstanding academic credentials, including a J.D. from an accredited law school or an equivalent degree (such as a Ph.D. in a related field). Entry-level candidates should demonstrate potential for strong teaching and scholarship. Qualified applicants in any of the following areas will be considered: civil procedure, criminal law, torts, property, environmental, business (all sub-fields), antitrust, healthcare, intellectual property, legal ethics, evidence, election law, employment/labor, state & local law, and law & economics. We welcome applications from candidates who approach scholarship from a variety of perspectives and methods. The University embraces diversity in its faculty, students, and staff, and we welcome applications from those who would add to the diversity of our academic community.

APPLICATIONS/FURTHER INFORMATION: Salary, benefits, and research support will be nationally competitive. All applications are confidential to the extent permitted by state and federal law. These positions will remain open until filled. Questions should be directed to Benjamin McMichael, Chair of the Faculty Appointments Committee ([email protected]). Interested candidates can apply online at

Visit UA’s employment website at for more information. The University of Alabama is an equal-opportunity employer (EOE), including an EOE of protected vets and individuals with disabilities."

July 19, 2023 in Colleen Baker, Jobs | Permalink | Comments (0)

Wednesday, July 12, 2023

Call for Papers - Journal of Financial Market Infrastructures

Dear BLPB Readers,

I wanted to share the below call for papers with interested readers.  Please note the submission deadline of September 15, 2023.  

"We are welcoming submissions in the form of technical papers and policy-oriented papers (forum discussions) on the listed topics below (but not limited to). Please be aware that submissions deadline expires in September 15, 2023.

Papers can be submitted here

Topics of interest:

  • Payment and settlement systems;
  • Digital money (including CBDCs) and central bank operations;
  • Trade repositories, central counterparties (CCPs) and central securities depositories (CSDs);
  • Risk management of FMIs (including liquidity, market, counterparty, operational and other risks);
  • Correspondent banking and network analysis of FMIs;
  • Non-bank payment service providers and access to central bank payment rails;
  • Exchanges and multilateral trading platforms;
  • Regulation, oversight and supervision of FMIs;
  • Tokenized deposits and stablecoins;
  • New technologies for FMIs, including distributed ledger technologies (DLTs), machine learning (ML) and artificial intelligence (AI).

Papers can be submitted here

To learn more about our submission guidelines, please click here"

July 12, 2023 in Call for Papers, Colleen Baker | Permalink | Comments (0)

Wednesday, June 28, 2023

Call for Papers - 6th Conference on Law and Macroeconomics

Dear BLPB Readers:

Below is an excerpt from the call for papers (complete call here) for the 6th Conference on Law and Macroeconomics to be held on November 2-3, 2023 at Tulane Law School.  The deadline for submissions for consideration is August 1, 2023.

"The past year has seen a dramatic increase in economic, financial, social, and political turmoil worldwide. Policy responses to price instability have in turn generated predictable but unforeseen collateral crises and vulnerabilities, including bank failures, asset market turmoil, and rising risks of domestic, regional, and global recession, which require their own policy responses. Climate, public health, and migration challenges persist and continue to reflect vast economic disparities.

These developments reinforce the imperative of research at the intersection of law and macroeconomics, even as they recast and sharpen our understanding of the field. They form the background for the  Sixth Conference on Law and Macroeconomics.

The conference will be held on November 2-3, 2023, at Tulane Law School in New Orleans, Louisiana. We welcome submissions for papers that address the following topics, among others:

  1. Monetary policy and institutions, including comparative approaches to achieving price stability;
  2. Fiscal policy, including legal and regulatory tools to mitigate the effects and frequency of economic downturns, and their interaction with monetary and financial regulatory policies;
  3. Financial regulatory policy, including its distributive effects and interactions with fiscal and monetary policies;
  4. Using tools from antitrust, bankruptcy, contract, and property law; environmental, utility, and labor regulation; and investment and capital controls to reduce the incidence and mitigate the effects of economic downturns and fight inflation;
  5. Legal and macroeconomic policy tools to manage the climate crisis;
  6. The promise and perils of ESG investing, including its actual and potential macroeconomic impact and institutional design;
  7. The interaction among law, macroeconomics, and technology, including the role of big data;
  8. Sovereign debt vulnerabilities, including effect of geopolitical realignment, the climate crisis, looming food and fuel shortages, and the efficacy of old public and private law tools in the new macroeconomic context;
  9. Lessons from the pandemic for using the law and macroeconomic policy to address causes and consequences of inequality."


June 28, 2023 in Call for Papers, Colleen Baker | Permalink | Comments (0)

Wednesday, June 21, 2023

Call for Papers - Wharton Conference on Liquidity and Financial Fragility

Dear BLPB Readers:

Below is an excerpt from the call for papers for the upcoming Wharton Conference on Liquidity and Financial Fragility

"Liquidity and financial fragility concerns have captured the attention of financial market participants, macroeconomists, and policymakers in recent years. The pandemic featured unprecedented liquidity dry-up and fragility in financial markets, followed by massive policy interventions and inflationary pressures not seen in decades. The collapses of the Silicon Valley Bank and Credit Suisse revealed neglected risks and have forced depositors and investors to rethink some of their decisions. Fifteen years after the global financial crisis, the financial system does not appear to be safer and the need to better understand the sources and consequences of financial fragility remains high.

With this goal, we are resuming the Wharton Conference on Liquidity and Financial Fragility, following the success of the eight editions that took place before the pandemic. The next edition, hosted by the Wharton Initiative on Financial Policy and Regulation (WIFPR), will take place at the Wharton School of the University of Pennsylvania (Philadelphia, PA) starting on the morning of Friday, October 6, 2023, and ending in the afternoon of Saturday, October 7, 2023. Details of previous conferences can be found on the conference website:"

The complete call for papers is here.  The deadline to submit papers for consideration is July 1, 2023.

June 21, 2023 in Call for Papers, Colleen Baker | Permalink | Comments (0)

Wednesday, June 14, 2023

Baker on Trading in the Clouds

This week, Nasdaq, “the second-largest stock exchange in the US,” announced its biggest deal yet: the $10.5 billion acquisition of Adenza, a software company focused on financial risk.  As I note in Derivatives and ESG, trading exchanges’ traditional business models have undergone a metamorphosis.  The largest global exchanges are increasingly becoming financial data and technology juggernauts.  Indeed, Nasdaq’s press release about the deal states: “Nasdaq Accelerates Its Transformation as a Leading Technology Provider to the Global Financial System with the Acquisition of Adenza from Thoma Bravo.” 

As I write about in Trading in the Clouds, a short piece for our 2022 BLPB Symposium Connecting the Threads VI hosted by the University of Tennessee College of Law, the continuing transformation of exchanges’ business models has also recently included significant partnerships between some of the world's largest trading exchange groups and the biggest cloud service providers, including Microsoft's partnership with the London Stock Exchange Group, Nasdaq's partnership with Amazon Webservices, and the Chicago Mercantile Exchange's partnership with Google Cloud.     

Here's the abstract for Trading in the Clouds:     

"Today, countless organizations rely upon cloud computing for operational and strategic reasons. Trading exchanges are no different. This article explores trading exchanges’ increasing migration to the cloud, related regulatory frameworks, and potential costs and benefits accompanying this transition. It concludes by positing that this migratory trend is likely to culminate in the rise of a new type of financial intermediary platform and highlights that issues in this area are ripe for additional research."

Also, check out the commentaries to this article: Professor Gary Pulsinelli's Commentary on Trading in the Clouds and Virginia Saylor's Student Commentary on Trading in the Clouds

June 14, 2023 in Colleen Baker, Financial Markets | Permalink | Comments (0)

Wednesday, June 7, 2023

More Teaching Insights from Professor Siedel

In today’s post, I wanted to highlight two more works (previous posts here and here) of University of Michigan Professor Emeritus George Siedel.

First, Siedel recently wrote an informative piece in the ABAJournal entitled, Consider teaching law in a business school as an alternative career.  This helpful article should be especially useful to BLPB readers who might be interested in teaching law in a business school or simply curious to understand ways in which teaching law in a business school might be different from teaching law in a law school.  

Second, in a previous post (here) I mentioned Siedel’s book Seven Essentials for Business Success: Lessons from Legendary Professors.  I just finished reading it.  Definitely well-worth my time and effort!!  There are so many great ideas here that I can’t wait to put into practice when the fall semester begins!  It seems that great teachers combine stellar “teaching processes” with what Siedel terms “authenticity.”  From his study of and interviews with the legendary professors, he identifies “[s]ix themes relating to the teaching process” (p.186): 1) “Prepare, Prepare, Prepare,” 2) “Build a Learning Community,” 3) “Emphasize the Big Picture,” 4) “Simplify, Simplify,” 5) “Make the Learning as Interactive as Possible,” and 6) “Emphasize Why the Course Is Important.” (pp. 186-203)

While a professor’s “authenticity” is perhaps a more challenging concept to define, it is nevertheless highly important.  Siedel shares that at the beginning of a U. of Michigan course, he sends the following question to his students “What qualities do you value most in a professor?” (p.185)  While “comments on course content and delivery” seem predictable responses, he shares the following insight:

“What you might not expect – and what surprised me when I first used the questionnaire several years ago – are the large number of comments that mention qualities that are more elusive.  Almost 60% of the students used these words when describing what they value most in a professor: authentic, empathetic, passionate, love of teaching, humility, interest in and respect for the students, fair, transparent, enthusiastic, friendly, approachable, kind, lack of ego, curious, understanding, candid, energetic, patient, committed, available, and honest.”  (p.185) 

Siedel distills examples of these qualities into three clusters based on the seven professors the book profiles: “passion for the material and concern for students, dedication to continuous learning, and a higher purpose that has a positive impact beyond the classroom.” (p. 204)

Several quotes throughout the book really struck me.  I’ll highlight just three of my favorites:

“Every moment students are engaged by participation is good.” (p. 68, quoting Richard Shell, one of the profiled profs)

“[M]ost students want to know how much you care before they care how much you know” (p. 204, quoting Chris Christensen in Education for Judgement)

“[G]ood teaching cannot be reduced to technique: good teaching comes from the identity and integrity of the teacher” (p. 203, quoting Parker Palmer)

Finally, one of the seven legendary professors that Siedel profiles is Wharton Professor Richard Shell, who was also my dissertation advisor.  In the conclusion of the book and in wrapping up his discussion on authenticity, Siedel remarks "Professor Shell, says another student, is one of 'those rare people you meet who appears to walk the talk.' " (p. 210)  While attending the Wharton Fin Reg Conference this past April, I had an opportunity to catch up with Richard and to seek his wisdom and advice about many things.  I can assure the student quoted that Richard is a truly rare person and a legendary professor who indeed "walks the talk."

June 7, 2023 in Colleen Baker | Permalink | Comments (2)

Wednesday, May 24, 2023

New Paper - Flight to Safety in the Regional Bank Crisis of 2023

Yesterday, a new paper by Cecilia Caglio, Jennifer Dlugosz, and Marcelo Rezende - all affiliated with the Board of Governors of the Federal Reserve System - posted on SSRN, Flight to Safety in the Regional Bank Crisis of 2023.  It's obviously an incredibly timely piece.  Here's the Abstract:

"Using weekly confidential data from U.S. banks, we document an unprecedented flight to safety of deposits from regional banks towards large banks in the early 2023. We show that large banks experienced large deposit inflows relative to small and regional banks and that these differences remain substantial if we account for bank characteristics associated with bank failures over this crisis, including liquidation values and shares of uninsured deposits. Large banks lowered deposit rates relative to other banks during the crisis, supporting the hypothesis that deposits flew to these banks because they are considered safer."   

May 24, 2023 in Colleen Baker, Financial Markets | Permalink | Comments (0)