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Loyola Economics Scholars Published Widely in Refereed Journals

Loyola press release - July 17, 2017

Since 2001, nearly 100 term papers written by economic students in the Joseph A. Butt, S.J. College of Business at Loyola University New Orleans have appeared as articles in refereed journals.

“In academia, where the rule is ‘Publish or Perish,’ a scholar shows his value through publications — namely books and articles in refereed journals,” said Walter Block, Harold E. Wirth Eminent Scholar Endowed Chair and Professor of Economics. “It’s quite a feather in the cap of an undergraduate student to see his or her work published in a scholarly journal.”

Articles in peer-reviewed scholarly journals are typically written by experts in the field — and are reviewed by several other experts before publication to ensure the article’s accuracy and quality. Competition is steep, and scholarly criticism is part of the process.

Over the last 15 years, Loyola economics students have consistently seen their work published in myriad scholarly journals, including: The Journal of Social, Political and Economic Studies, Journal of Business Ethics, Markets and Morality, International Journal of Social Economics, Economics and Energy, and the International Journal of Corporate Strategy and Social Responsibility, among many, many others.

Students majoring in economics at Loyola pursue topics of interest and research, write, critique, and revise scholarly papers as part of their coursework. Published articles have focused on topics ranging from privatization and anti-discrimination laws in business to the detrimental impact of agricultural subsidies in the U.S.

According to Block, all of these articles started out as term papers for his courses. He then edited, added to, and co-authored the majority of these student essays. “I am particularly proud,” he said, “of the few articles I only edited, but did not co-author. That was because these students sharply criticized my own viewpoints. I was delighted to help them get published in any case.”

Block credited his colleagues Assistant Professor in Economics Leo Krasnozhon and Associate Professor of Economics John Levendis, Loyola’s Dr. John V. Connor Professor in Economics and Finance, for contributing to, and co-authoring, several of these student publications in refereed journals.

Loyola’s economics program provides students a fundamental understanding of economic processes and the ability to analyze critically economic issues, so that as graduates, they can function as intelligent, informed business leaders and productive members of society, professors said.

Graduates leave Loyola able to critically analyze the economic effects, both intended and unintended, of decisions made under diverse institutional frameworks and to effectively communicate economic theories analyses.

“Collaborative undergraduate research and innovative teaching are hallmarks of a Loyola education,” said University President the Rev. Kevin Wm. Wildes, S.J., Ph.D.

“The sheer number of student articles published in high-caliber scholarly journals demonstrates the value of a liberal arts education rooted in critical thinking and Jesuit traditions of academic rigor and excellence.”