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Who Are The Part-Time Faculty? There's No Such Thing As A Typical Part-Timer, James Monks

Economics Faculty Publications

The use of contingent faculty in higher education in the United States has grown tremendously over the past three decades. In 1975, only 30.2 percent of faculty were employed part time; by 2005, according to data compiled by the AAUP from the Integrated Postsecondary Education Data System (IPEDS), part-time faculty represented approximately 48 percent of all faculty members in the United States.

Despite the widespread perception that part-time faculty are exploited, underpaid, and afforded miserable working terms and conditions, efforts to organize and unionize contingent faculty have had only limited success. According to the 2004 National Study of Postsecondary Faculty, …

What Are The Costs Of Disinflation?, Dean D. Croushore

Economics Faculty Publications

The Federal Reserve can use monetary policy to reduce the inflation rate, a process known as disinflation. Are the benefits of disinflation worth the costs? Proponents of disinflation argue that the long-run benefits of price stability, including lower interest rates, increased economic efficiency, and perhaps faster economic growth, greatly exceed the short-run costs. Opponents, of course, claim the opposite, usually arguing that the short-run costs in terms of higher unemployment and lost output would be immense.