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California State University, Long Beach
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Economics Department Chair Wade E. Martin

Letter from the Department Chair

The Economics Department is now embarking on a new era. No longer do we have the certainty of professor Joe Magaddino’s excellent leadership during these very trying times. The state is again providing challenges that require us to think beyond our traditional roles as educators. We now have to face the task of “doing more with less” as the saying goes. As I assume the duties of department chair, I am truly benefiting from Magaddino’s willingness to share his experience from over two decades of leadership, Karen Fawson’s wisdom in how the university works and the energy that Ann Kinsey has displayed since joining our department in April. We are all working hard to provide a seamless transition from Magaddino’s very experienced leadership to my “on-the-job training.” I look forward to working with my colleagues in the department as we meet the challenges of the next three years.  
Another important constituency in moving forward is the friends and alumni of the department. We believe it is important to make sure our friends and alumni are aware of the exciting activities and projects we are undertaking to improve the educational experiences of our students. In addition, the contributions that our faculty make to better understand important economic questions in today’s complex world are an important component of our activities. I encourage you to read the Faculty Notes section of this issue of econ:news for an update on the faculty contributions. Also, we are pleased to highlight the work of professor Marshall Medoff. CSULB recognized Medoff’s research by choosing him to receive the Outstanding Professor award for the 2009-10 academic year. Also in this issue of econ:news are profiles that highlight only some of the contributions made by professors Darwin Hall and Magaddino, both of whom have decided to begin the transition to retirement this year.
Finally, I would like to thank all of you that have made donations to the department over the last year. These donations allow us to partially offset the shortfall in state funding. We have used these additional resources to support an active seminar series, student involvement in research projects and many other activities that would not be possible without your generosity. We would like to hear from all our alumni and friends, so please let us know where you are and what you are doing. We will include this information in our Alumni Notes section of econ:news.
I look forward to the challenge of leading this department for the next three years. I believe econ:news is an important source of information for all our friends, but it shouldn’t be the only source. I encourage you to bookmark our website and visit it frequently (, particularly the News and Notes section. Also, you are always welcome to attend the seminars organized by professor Elaine Frey on most Fridays. This is a great way to keep up with the faculty and current students in the department. A list of the seminars is posted on the department website under Seminar Series.
I look forward to hearing from all of you,
Wade Martin Signature
Wade E. Martin
Chair, Department of Economics