Lowe Institute of Political Economy

Lowe Institute of Political Economy

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Sarah Chen ’22 and Prof. Manfred Keil shared 21 “good news” items from 2021 in an article they co-wrote for the San Bernardino Sun. From the Dow Jones and S&P 500 hitting record highs to the reopening of Disneyland, the student and professor highlighted a number of things to be thankful for in 2021.

Chen, who was recently named a Rhodes Trust Scholar, is a forecast analyst with CMC’s Lowe Institute of Political Economy. Keil is the Associate Director of the Lowe Institute and leads the Inland Empire economic forecast research team.

https://www.sbsun.com/2021/12/28/21-things-to-be-thankful-for-in-2021/amp/
Today’s will look at the Rose’s more recent history — back to only eleven years ago!

By 2010, California’s fast-growing Inland Empire had become the nation’s 14th-largest metropolitan statistical area, but few studies had focused on the region’s expanding economic and political significance. To fill this vacuum, faculty and students at the Rose Institute partnered with CMC’s Lowe Institute of Political Economy to conduct in-depth research on the Inland Empire.

Later that year, the two institutes collaborated with the UCLA Anderson School of Management to host the first CMC-UCLA Inland Empire Forecast Conference at Ontario’s Citizens Business Bank Arena (now known as Toyota Arena). More than 350 leaders from the public and private sectors attended the conference and discussed the Inland Empire’s economic future. These events proved even more successful as time went on: 2016’s conference had more than 500 attendees!

Through the Inland Empire Outlook (which was also established in 2010) and various other publications, the Rose Institute has provided policymakers and business leaders with a deeper understanding of the Inland Empire, its challenges, and its opportunities. This work empowers our student researchers to influence real-world issues far beyond the classroom. Please visit our website to learn more about their exceptional work.
With the recovering economy and the successful rollout of Coronavirus vaccines, Prof. Manfred Keil titled the Lowe Institute of Political Economy’s 2021 Inland Empire economic forecast, “Here Comes the Sun.”

“In Southern California, once we get to 70 percent of the population vaccinated or having antibodies due to having recovered from COVID, we’ll have herd immunity,” said Keil, who is associate director of CMC’s Lowe Institute of Political Economy and the chief economist of the Inland Empire Economic Partnership (IEEP). “This will allow Southern California residents to largely resume their normal routines.”
The IEEP forecast includes an optimistic estimate of GDP growth and the prediction that consumers “will be eager to visit restaurants and bars, resume travel, as well as return to regular sports and exercise activities.”

Link https://www.cmc.edu/news/lowe-institute-projects-sunny-forecast-for-inland-empire-economy-in-2021
“We’re pairing academic concepts with industry practice, which allows us to directly communicate what we think is important to people who are important.”

Area business leaders spent the morning with CMC experts and students from the Rose Institute of State and Local Government and Lowe Institute of Political Economy at Inland Empire Vision 2019. Among the hot topics discussed: Housing and a possible recession.
"Inland Empire Vision: Recession in 2019?" brings business and government leaders to campus Tuesday for a discussion of housing policy and the economy. The opening hour will also highlight student research from the Rose Institute of State and Local Government and Lowe Institute of Political Economy.
*NEW MEMBER ALERT!*

Introducing, Lowe Institute of Political Economy. The Lowe Institute of Political Economy is a part of Claremont McKenna College where professors and students conduct data-driven analysis of questions for business and public policy.

They have joined the Fontana Chamber to form connections with local businesses to learn of their challenges, questions, and interests so as to better serve.

On March 27th, they will host Inland Empire Vision, a conference with information relevant to local business and policy. The program includes economic forecasts, a new consumer sentiment index specifically for the IE, a conversation with two local CEOS on the effect of the $15 minimum wage, and a forum where participants can share challenges and ideas. Learn more: https://inlandempirevision.org/register/

We're excited to have you part of our Chamber 😊
: Join the Lowe Institute of Political Economy for their live quarterly presentation of the Lowe-Chapman Los Angeles Consumer Sentiment Index. The livestream presentation starts today at 12:30 p.m.
Watch the livestream presentation of the Lowe Institute of Political Economy's quarterly report on L.A. County’s consumer sentiment. Click here to watch the live stream https://www.cmc.edu/news/lowe-institute-to-livestream-quarterly-report-on-la-countys-consumer-sentiment-today-at-11-am
Tune-in and watch the livestream presentation of the CMC-Lowe Institute of Political Economy's quarterly Los Angeles Consumer Index report on Thursday, August 3, at 11 a.m.
The Lowe Institute of Political Economy at Claremont McKenna College in its report released Tuesday says the consumer sentiment index went from 120.8 in the third quarter of 2016 to 106.3 in the fourth quarter.
Today, the Rose Institute of State and Local Government is cohosting the Southern California Economic Forecast Conference with the Lowe Institute of Political Economy and UCLA Anderson Forecast at the Citizens Business Bank Arena. Check out Claremont McKenna College's live stream of this event and learn more information about the event here: http://www.inlandempirecenter.org/.
CMClive: Claremont McKenna College Professor Manfred Keil presents his work on the County of San Bernardino and County of Riverside Regional Forecast at the Southern California Economic Forecast Conference hosted by the Rose Institute of State and Local Government, the Lowe Institute of Political Economy and UCLA Anderson Forecast at Citizens Business Bank Arena. FMI on the conference visit www.inlandempirecenter.org/

Undergraduate, Economics Research Institute | Data-driven Analysis | The Lowe Down Blog | Faculty-St We are located on the third floor of Bauer North, room 322

Operating as usual

12/22/2022

Lowe Down Alert🚨

On September 22nd, 2021, Chinese real estate giant Evergrande failed to meet a coupon deadline totaling $83 million of bond interest payments; did this trigger financial panic in the United States? Find out by reading the las test article!

12/14/2022

Lowe Down Alert 🚨
Explore how interest rates are moving relative to inflation rates in this new article! Click the link in the bio to find out more.

12/09/2022

Lowe Down Alert 🚨
This new article explores how the success of nearby competitors reduce one’s ability to succeed. Find out more by reading this weeks article!

12/02/2022

Lowe down alert 🚨

Do people reproduce more or less during the pandemic? Find out by reading the Lowe Down’s newest article!

11/24/2022

Happy Thanksgiving from the Lowe team!

04/10/2022

A meme coin promoted by Elon Musk proves more predictive of Ether price movements than the S&P 500. Click the link in the bio to read about it!

04/05/2022

Based on the National Institute of Justice’s study in Georgia, 60% of former prisoners end up back in jail after initial release, indicating the unfortunate commonality of recidivism. Read more by clicking the link in our bio!

01/05/2022

In a study of 150 countries, this article explores the impact of GDP shocks on fertility rates and examines their lasting consequences. Click the link in our bio to read more! -19, , , -Shock, -cession

01/04/2022

Since the COVID-19 pandemic hit, public school enrollment has been on the decline, and this article explores the factors that may have contributed to this decrease. Click the link in our bio to read more!

01/04/2022

Since the COVID-19 pandemic hit, public school enrollment has been on the decline, and this article explores the factors that may have contributed to this decrease. Click the link in our bio to read more!

12/17/2021

Do statewide regulations impact growth in new businesses? They might matter less than you think. Click the link in the bio to read about it!

12/15/2021

What causes the school-to-prison pipeline? Check out our analysis in the new article linked in the bio! -to-prison

11/09/2021

The COVID-19 pandemic has made global inequalities woefully apparent. However, the disparity in vaccination rate has been the most startling. How exactly have developing countries been disadvantaged? In particular, has the race to vaccinate left developing countries behind? Analysis conducted by the Lowe Institute considers these questions. Check out the link in the bio!
inequity

10/27/2021

Based on the Forbes 400 list from 1983-2020, the rich are getting richer, and there is an increasingly smaller opportunity to enter this extremely high level of wealth. Check out the article through the link in the bio!

35 years ago this summer: The Founding of the Lowe Institute - The Lowe Down 05/27/2021

35 years ago this summer: The Founding of the Lowe Institute - The Lowe Down

In the latest article on the Lowe Down Blog, we dig into the archives to learn about the founding of the Lowe Institute of Political Economy and the past Lowe Directors

35 years ago this summer: The Founding of the Lowe Institute - The Lowe Down By: Julia Garbee, ‘22 This summer marks the 35th anniversary of the Lowe Institute of Political Economy. Since its founding, the Institute has championed student involvement in economic research. In the mid 1980’s, CMC President Jack Stark wished to expand the number of research institutes. Noti...

A Brief History of Elon Musk’s Recent Market-Moving Tweets 04/08/2021

A Brief History of Elon Musk’s Recent Market-Moving Tweets

Whether you day trade, tweet, or have an interest in Elon Musk, we think you'll love this week's Lowe Down article tying all three together, if you can believe it.

But before our article with detailed data, here's an article from Bloomburg Weekly with all the twitter history of Elon Musk you'll want to know.

https://www.bloomberg.com/news/articles/2021-02-11/how-elon-musk-s-tweets-moved-gamestop-gme-bitcoin-dogecoin-and-other-stocks

A Brief History of Elon Musk’s Recent Market-Moving Tweets From Signal to Dogecoin, the man keeps moving the needle all over the place.

10/23/2020

As the reality, and duration, of COVID-19 sinks in, people's comfort levels doing normal activities differs greatly. But what are the causes of these differences?

Leo Kitchell provides some answers in this week's Lowe Down article. http://lowe-down.org

10/14/2020

This week's article, about voting and American media, starts off with a powerful quote. To get the full story, go to lowe-down.org and see what your readership says about you!

California's tourism-dependent towns cautiously prepare new marketing for reopening 06/03/2020

California's tourism-dependent towns cautiously prepare new marketing for reopening

The current pandemic has impacted everything. But do you know how Covid-19 is affecting hotels and lodging?

Find out tomorrow in the Lowe Down's article on the future of California's hotels!

But first, this article from the LA Times on what re-opening looks like for the tourism-dependent towns of California.

https://www.latimes.com/california/story/2020-05-09/la-me-tourist-destinations-prepare-re-opening-marketing

California's tourism-dependent towns cautiously prepare new marketing for reopening Tourist spots prepare to welcome visitors once coronavirus restrictions are lifted

05/05/2020

Economic Journalist Julia Garbee talks telehealth: its benefits, obstacles, and potential future. Read her article, out now, on lowe-down.org !

6 things to know about telehealth 05/04/2020

6 things to know about telehealth

Telehealth is the topic of this week's Lowe Down article! But before reading about the benefits and obstacles facing Telehealth today, how much do you know about talking to doctors through the internet?

Here's an article from VOX with all the info you need to know about using Telehealth during Covid-19.

https://www.vox.com/recode/2020/4/8/21212432/telemedicine-how-to-video-chat-doctors

6 things to know about telehealth Due to Covid-19, video chats with doctors are becoming mainstream. Here’s how it all works.

What Happens When 10% of Workers File for Unemployment - The Journal. - WSJ Podcasts 04/21/2020

What Happens When 10% of Workers File for Unemployment - The Journal. - WSJ Podcasts

Before reading tomorrow's Lowe Down's article on service workers during the COVID-19 pandemic, check out this quick podcast discussing some of the current issues around America's unemployment.

https://www.wsj.com/podcasts/the-journal/what-happens-when-10-of-workers-file-for-unemployment/706181c4-1b42-4bb3-9727-162a7d77e7a2

What Happens When 10% of Workers File for Unemployment - The Journal. - WSJ Podcasts Nearly 17 million Americans have applied for unemployment benefits in the last three weeks. WSJ's Eric Morath explains how the flood of applicants is overwhelming state systems and leaving many people without payments.

04/16/2020

Economic Journalist Ethan Kable Talks Ozone, Crop Yields, and Covid-19

Ethan Kable, Economic Journalist for the Lowe Down blog, discusses surprising findings and the natural changes we may see due to current stay at home orders.

As Californians stay at home, air quality improves – for now 04/14/2020

As Californians stay at home, air quality improves – for now

You may have heard some of the ways nature is benefitting from humans social distancing, but have you heard about the improving air quality in California?

Start your day with some good news and take a look at this article from Cal Matters. Then, stay tuned for our article, out later today!

https://calmatters.org/health/2020/04/as-californians-stay-at-home-air-quality-improves-for-now/

As Californians stay at home, air quality improves – for now The statewide stay-at-home order has an unexpected benefit: less traffic and air pollution. That's good news for Californians with health problems.

04/08/2020

Economic Journalist Leo Kitchell Discusses What We Can Learn From These Hard Times

Read Leo's article today on lowe-down.org

Moving Out Of A High Income Tax State To Save Money? You Need To Know This First 03/09/2020

Moving Out Of A High Income Tax State To Save Money? You Need To Know This First

California has the highest income tax rate in the country. But before you read this week's Lowe Down article on California personal income tax, what should you know about saving money? This article from Forbes has you covered, and stay tuned for ours, out this Tuesday.

https://www.forbes.com/sites/robertpagliarini/2020/02/12/moving-out-of-a-high-income-tax-state-to-save-money-you-need-to-know-this-first/

Moving Out Of A High Income Tax State To Save Money? You Need To Know This First Do you dream of paying less state income tax? You're not alone! If you are thinking about moving to another state with lower (or no!) state income tax, you need to read this first. There is a great deal of bad tax advice out there, so get the facts first.

A Look at California's Changing Demographics Over the Past 40 Years - The Lowe Down 03/04/2020

A Look at California's Changing Demographics Over the Past 40 Years - The Lowe Down

If you've ever wondered about the history of California's demographics, see it illustrated in this week's Lowe Down article!

With an interactive map and interesting data, Economic Journalists Dustin Lind and Jess Fang write that "California counties are becoming more diverse, but not uniformly across the state."

To read the full article, go to https://www.lowe-down.org/a-look-at-californias-changing-demographics-over-the-past-40-years/

A Look at California's Changing Demographics Over the Past 40 Years - The Lowe Down California counties are becoming more diverse, but not uniformly across the state. Data visualization by student researchers at the Lowe Institute illustrates the geographic heterogeneity in the rapidity of this process. The increasing prevalence of Hispanics in the agricultural central valley and A...

The Elderly and Driving: When Is It Time to Hit the Brakes? 02/22/2020

The Elderly and Driving: When Is It Time to Hit the Brakes?

This week, the Lowe Down will be releasing an article on driving and the elderly! Until Tuesday, learn some interesting statistics about older drivers with this New York Times article! https://www.nytimes.com/2019/01/18/health/elderly-driving-cars-safety.html

The Elderly and Driving: When Is It Time to Hit the Brakes? Prince Philip, 97, was involved in a car accident outside London. For families everywhere, the incident raises all-too-familiar questions.

02/19/2020

The Hidden Cost of Avocados

Learn the dark truth behind avocados as Economic Journalist Julia Garbee explains her research for the latest Lowe Down article.

02/18/2020
02/05/2020

Celebrating the 100th Anniversary of Women's Suffrage with the Lowe Down

Ethan Kable, economic journalist for the Lowe Down, discusses California's unique relationship to women's suffrage. Learn some history and some cool facts about California from our most recent article, out now on lowe-down.org

02/03/2020

California has a special relationship to women's suffrage, but for the full story, you'll have to go to lowe-down.org tomorrow!

01/29/2020

Exploring Alcohol Prohibition with Georgia Dietz

Today's article is exciting... and historic! Learn about the modern implications of a fascinating and long tradition in the United States of alcohol prohibition. Do you live in a dry county? Why do you think these areas still exist? Read the article today on lowe-down.org

Prohibition began 100 years ago, and its legacy remains 01/26/2020

Prohibition began 100 years ago, and its legacy remains

This week, the Lowe Down focuses on alcohol sales. But did you know that the prohibition of alcohol began 100 years ago? Before reading our article, check out this one from the Washington Post on the history and implications of this prohibition.

https://www.washingtonpost.com/national/prohibition-began-100-years-ago-and-its-legacy-remains/2020/01/14/adcd034e-36e3-11ea-a1ff-c48c1d59a4a1_story.html

Prohibition began 100 years ago, and its legacy remains One century ago, the United States imposed a nationwide ban on the production and sale of all types of alcohol

College Chief: A Changing Role? - The Lowe Down 01/16/2020

College Chief: A Changing Role? - The Lowe Down

Some worry that the American college presidency is being sold out to business executives and others with no academic background. This week, the Lowe Institute examines the most common backgrounds and degrees of college presidents.

To read the full article, go to https://www.lowe-down.org/college-chief-a-changing-role/

College Chief: A Changing Role? - The Lowe Down College presidents and chancellors are in a unique position. They are the chief executive of organizations employing as many as tens of thousands of people, but unlike a corporation of similar size, their stated goals traditionally transcend profit maximization. Several presidents’ webpages boast ...

01/07/2020

Max Dawson explains the implications of this article's data on outmigration from the state of California, and it may be even more important than you previously thought. See all the data in the full article, out today on the Lowe Down! lowe-down.org

Our Story

About
The Lowe Institute of Political Economy is one of the 11 research institutes and centers at Claremont McKenna College (CMC). The Institutes have one common goal: to provide CMC students with graduate-level research opportunities in conjunction with the College's distinguished faculty. In so doing, CMC students—as undergraduates—are afforded opportunities unparalleled at liberal arts colleges around the world. Each institute or center has a specific mission and develops programs to meet academic and co-curricular objectives.

Mission
The Lowe Institute of Political Economy has three main goals:


  • Our first goal is to provide students with opportunities to apply, in a supervised environment, their textbook knowledge of economics to complex problems in fields ranging from academic research to policy consulting to corporate development.

  • Our second goal is to promote continuing education of faculty to renew their expertise and heighten their scholarly impact.
  • Videos (show all)

    Economic Journalist Ethan Kable Talks Ozone, Crop Yields, and Covid-19
    Economic Journalist Leo Kitchell Discusses What We Can Learn From These Hard Times
    The Hidden Cost of Avocados
    Celebrating the 100th Anniversary of Women's Suffrage with the Lowe Down
    Exploring Alcohol Prohibition with Georgia Dietz
    What This Week's Lowe Down Article Is All About
    Research Institutes & Centers at Claremont McKenna College

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    500 E 9th Street
    Claremont, CA
    91711

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