Robert Edelstein, Professor

Open (1) Globalization and the U.S. Economy

Open. Apprentices needed for the fall semester. Please do NOT contact faculty before September 11th (the start of the 4th week of classes)! Enter your application on the web beginning August 16th. The deadline to apply is Tuesday, August 29th at 8 AM.

URAP participants are expected to work between 9 and 12 hours per week (pursuant to the mutually agreed upon contract between the student and Professor Edelstein). Usually, the URAP team will meet with Professor Edelstein on a weekly basis to discuss assignments, provide findings as well as interact about issues that have arisen during the prior week.

Students may perform varied research tasks, including data collection, library search, and statistical analysis. To the extent students have the capabilities, some of the statistical analysis will require skills in the area of econometrics.

Research will focus on two subject-topic areas:

1. A preliminary feasibility study about social risks associated with economic change and globalization in the long run. As part of this analysis, you will examine how we can move towards urban cities that are sustainable, including analyzing energy usage, water supplies, pollution control, and needed social investment that might be necessary.

2. During the fall semester 2016, members of my URAP mentorship will be working on selective parts of a book. In particular, they will be researching various public policy proposals for elements contained therein. The following outline represents the prospective book plan:

Part I – Framing the Issues: The Precursors for Stability and Growth in the 21st Century
I. Introduction, Summary, Book Motivation: Why you Should Read This Book
II. How and Why Can the U.S. Achieve Economic and Political Pre-eminence in the 21st Century: Rules and Paradoxes
III. The Misunderstood Role of the Public Sector

Part 2 – The Complexities of the Current Economic and Financial Retrograde: How to Stop Decline
IV. So Much Needs to be Fixed in America: Is it Possible?
V. First Things First: Short-term Issues – Keeping Us Afloat and Then Moving in the Right Direction

Part 3 – The Long-run Plan for Growth in the 21st Century
VI. Long-term Policy Prescription: Focusing Upon Long-run Economic Prosperity

Part 4 – Conclusions - why we can succeed in implementing this plan


Day-to-day supervisor for this project: Charles Montague

Qualifications: Restricted to upper division students with a GPA of 3.5 or higher. Students should possess good computer, statistical, and writing skills.

Weekly Hours: 9-12 hrs

Related website: http://groups.haas.berkeley.edu/realestate/Fisher/fisherinfo.asp
Related website: http://www2.haas.berkeley.edu/Faculty/edelstein_robert.aspx