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Hotelling provides historical perspective on economic crisis

Release Date: October 13, 2008




WHAT:  An economics professor at Lawrence Technological University will provide historical perspective on the current economic crisis that is affecting Wall Street, Main Street and international markets.

WHEN: Thursday, Oct. 9, 12:30-1:45 p.m.

WHERE:  Room S221 in the Science building, which is #6 on the campus map at this (link), 21000 West Ten Mile, Southfield.

WHO: Harold Hotelling, economics professor at Lawrence Technological University.

WHY: Hotelling will explain how the Great Depression was much worse that the current economic situation and why he doesn't believe that the country is headed for another economic depression. He points out that today's economic problems are quite different from those that led to the Great Depression and that governments now have many more tools for preventing what happened in the aftermath of the 1929 stock market crash.


Lawrence Technological University,, offers over 80 undergraduate, master's and doctoral degree programs in Colleges of Architecture and Design, Arts and Sciences, Engineering and Management. Founded in 1932, the 4,500-student, private university pioneered evening classes 75 years ago, and today has a growing number of weekend and online programs. Lawrence Tech's 102-acre campus is in Southfield, with education centers in Lansing, Livonia, Clinton Township, Traverse City and Petoskey. Lawrence Tech also offers programs with partner universities in Canada, Europe, the Middle East and Asia.