Michael Hemesath (Ph.D. Harvard) teaches international trade, health economics, and the economics of the former Soviet Union. He has been active in incorporating the case method of teaching into several of his classes. He has published research, some completed jointly with a colleague at St. Olaf, comparing attitudes towards markets in the U.S., Russia and China. He is also interested in economics education in the former Soviet Union. Professor Hemesath is deeply committed to off-campus studies programs. He has directed three Associated Colleges of the Midwest programs in Krasnodor, Russia, and has been faculty director for Carleton's Economics Seminar at Cambridge University five times, most recently in summer of 2007.

Lauren Feiler (Ph.D. California Institute of Technology) teaches classes in behavioral and experimental economics, game theory, and microeconomics. Her current research focuses on the use of justification in economic decision making. This research includes experimental studies on tendencies to seek information that will support one's beliefs and avoid information that could cause monetary or psychological harm. (For example, you might not make eye contact with a homeless man in order to avoid feeling compelled to give him money or feeling guilty about not giving him money.) Lauren's favorite activities include camping, kayaking, and riding roller coasters.

Martha Paas (Ph.D. Bryn Mawr) is a macroeconomist who teaches courses in economic history, the history of economic thought, and the economics of the arts. She has lectured and written widely on demography and economic change in early modern Europe , and has a new book forthcoming with Yale University Press on the Kipper und Wipper inflation of 1619-23. Martha has held several grants and fellowships, most recently a Senior Research Fulbright Fellowship at the University of Jena. She is the architect of the annual Carleton Seminar in Economics at Cambridge University, England , which she started in 1983.

Steven Strand (Ph.D. Vanderbilt) came to economics after a stint in the Peace Corps in Turkey and specializes in regulatory economics, a topic on which he has published several articles and done consulting and research. He teaches managerial economics, the economics of regulation, and other applied microeconomics topics. Professor Strand's recent research has centered on pricing models of spatial monopoly and competition. He has co-directed an off campus program in Paris, France with Prof. Dana Strand and has taught a course on the Economics of the European Union. Many of Steve's most interesting thoughts occur to him on the golf course or on a fishing trip.

Mark Kanazawa (Ph.D. Stanford) regularly teaches courses in environmental and natural resources economics, western economic history, economics of sports, and econometrics. His research interests include issues of political economy, regulation, and public policy as applied to natural resources. In particular, he has been researching the political economy of water rights in California. Mark is the career coordinator for the Economics Department. Mark is also a bowler who has his own fancy ball and funny shoes, but he still cannot beat Jenny, see below. In addition, he has developed a mean game of Scrabble.

Jenny Wahl (Ph.D. University of Chicago) has previously held positions at St.Olaf College, George Mason University, and the U.S. Treasury Department. She has published in the areas of American economic history, demography, tax policy, and labor law. Her book on the economics of slavery law was published by Cambridge University Press; her current research includes an evaluation of Andrew Jackson's monetary policy, the effects of the decision in Brown v. Board on the labor market, and an economic interpretation of modern fiction. Jenny is a member of the Minneapolis Star-Tribune's Board of Economists. She teaches courses in labor economics, law and economics, American economic history, price theory, and microeconomic principles. Jenny is a finesse bowler and has been inducted into the Speedway, Indiana, Hall of Fame.

Nathan Grawe (Ph. D. University of Chicago) is currently Associate Dean and is residing in Laird Hall through June, 2012. While in the economics department, he taught Economics of Inequality, Econometrics and Industrial Organization. His research interests focus on the role of family in perpetuating inequality. He has published several articles examining the correlation between parent and child income and is now studying the "family size effect" (why children from large families, on average, earn less than those from small families). Nathan was faculty director of the Cambridge program in Summer 2004. ngrawe@carleton.edu or visit his homepage.

Pavel Kapinos (Ph.D. University of Illinois) teaches classes in international finance, macroeconomics, and financial markets. His primary research interests lie in monetary economics. More specifically, he is interested in the theoretical and empirical aspects of the dynamic stochastic general equilibrium models that emphasize nominal rigidities. He is also an avid sports fan who follows international soccer and domestic football leagues.

Clint Pecenka is a Ph.D. candidate at the University of Minnesota and will be teaching Principles of Microeconomics fall and winter terms. His research involves applying Behavioral and Experimental Economics tools to Development, Environmental and Health issues. Current projects include an experimental analysis of gift-giving to mitigate livestock theft in rural South Africa as well as an analysis of health incentive programs. He likes to procrastinate by being active outdoors, spending time with friends and traveling.

Aaron Swoboda is back at Carleton ('01 Econ) after stints at the University of California - Berkeley (PhD in Agricultural and Resource Economics) and the University of Pittsburgh (Assistant Professor at the Graduate School of Public and International Affairs). He teaches courses in environmental economics, microeconomics, econometrics and cost-benefit analysis. When not teaching or trying to find a free lunch on campus, Aaron can be found in the Goodsell branch office of the economics department along with Mark (right next to the big telescope). His research interests include the spatial analysis of land use policy, homebrewing and fly fishing.

Radek Szulga (Ph.D. University of California, Davis) teaches courses in international finance, growth and development and macroeconomics. His research interest center around the role of labor markets in the process of economic development with emphasis on issues of women’s work, immigration and remittances sent home by migrant workers. He is also interested in Economic History as it relates to the above topics. His non academic interests include reading history books, watching British mysteries and following SEC football.

Robert E. Will (Ph.D. Yale University) became an Economics Department legend during his 36 years (1957-1993) on the Carleton faculty. A Carleton grad himself (Class of 1950), Bob championed the importance of a liberal arts education. Each year the Robert E. Will Economics Prize, created to honor Bob's service, is awarded to the senior economics major or majors who demonstrate excellent academic achievement and breadth of intellectual interests in the best tradition of a liberal arts education. Bob remains a resident of Northfield and is very involved in community activities.

Stephen R. Lewis, Jr. (PhD, Stanford) was President of Carleton from 1987 to 2002. A development economist interested in fiscal, monetary and trade policy, he lived and worked in Pakistan (1963-65), Kenya (1971-73), and Botswana (1977-78, 1980-82) and has been a consultant in several other countries. He’s published six books and numerous articles on economic development. Since retiring from Carleton, he has served on several corporate and non-profit boards and continues to write and consult. View his home page.