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UNIVERSITY OF OREGON
It’s Here Now!
2005 Summer Session
Registration
Register for
Summer Classes
Book Your Summer in Oregon
Summer Session starts June 20. Pick up your free summer catalog today
in the Summer Session office (333 Oregon Hall), at the UO Bookstore,
or read it online. You can speed your way toward graduation
by taking required courses during summer.
Check Out Our Website!
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EO/AA/ADA institution committed to cultural diversity
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Basic Question: Has Inequality
been Rising or Failing?
Three ways to measure it per Mttersovtc, 2002
Un-weighted Between-Country
1 Between-Country
zane Krn | Photographer
Renowned economist James Galbraith spoke Monday in the EMU Fir Room about
current inequalities in the global economy.
Noted economist
scrutinizes global
finances in speech
James Galbraith addressed the shortcomings of the
World Bank and the International Monetary Fund
BY MEGHANN M. CUNIFF
SENIOR NEWS REPORTER
World-renowned economist James
Galbraith criticized the “spottiness” of
the World Bank’s data on the effects of
globalization Monday, saying the need
for a global financial system to stabi
lize the world economy is increasing,
but the bank and International Mone
tary Fund are not organizations
capable of fulfilling this need.
About 100 people attended the
speech in the EMU Fir Room, which
was sponsored by the Wayne Morse
Center for Law and Politics. Galbraith
is considered a prominent authority on
economic issues, having drafted eco
nomic plans for the U.S Congress,
given economic advice to foreign
countries, and written articles for
academic journals and newspapers
about a broad range of issues.
Galbraith addressed a question he
said is on about the same intellectual
level of “is the sky blue?”: whether in
equality has risen across the world
over the past few decades.
He said the answer is an obvious
“yes,” but the approaches economists
around the world have taken when
formulating an answer often overlook
important aspects of the issue and sim
plify the reasons for increases in
inequality, ignoring important trends
in globalization.
The World Bank is a leading
supplier of information regarding the
international political economy, but
Galbraith said his data on the same
subject is “not nearly as spotty as the
World Bank data.”
GALBRAITH, page 8
The Erb Memorial Union Board of Directors
has openings for the following student members:
2 EMU Representatives
Must have at least 2 terms of involvement or
employment in EMU programs or services.
2 ASUO Represenstatives
Must have at least 2 terms of involvement in an
ASUO student organization.
This is a great opportunity to:
• develop outstanding leadership skills
• represent the interests of 20,000 UO students
■ create the EMU's multi-million dollar operating budget
■ learn budgeting skills
• create long range plans for the student union
■ collaborate with other outstanding student leaders
• make a lasting difference at the UO
APPLICATIONS AVAILABLE AT THE ASUO AND EMU ADMINISTRATION OFFICES
applications deadline: WEDNESDAY, MAY 4,H.