Marian Miner Cook

A distinctive
feature of social and
cultural life at CMC

Thursday, March 28, 2019

Thursday, March 28, 2019 - Lunch Program
Water Rights for Ecuadorian Farmers
Rachel Conrad PZ '13

Rachel Conrad PZ ’13 and Napier Prize awardee will talk about her work with and on behalf of farmers in Ecuador’s Dolcepampa valley whose water supply was threatened by the construction of a new hydro-electric dam. Her careful work documented the river’s water flow and the amount of water needed to maintain the essential farming economy of the region.This information was crucial to insuring that the dam operators would continue to guarantee sufficient water for the farms.

Rachel Conrad PZ '13, Fulbright Scholar (2013-14) and recipient of the Napier Award for Creative Leadership in 2013, worked with farmers in Ecuador in the Dulcepamba watershed whose water rights are threatened by plans for a large hydro-electric power dam. Her research and documentary film helped to provide voice to the concerns of farmers in 72 area communities. Conrad returned to Ecuador to continue collaboration on a socio-environmental analysis of the watershed with Accíon Ecologicas in Quito. Her work informed the development of a sustainable water management plan that serves not only the growing needs for electrical power in Ecuador, but also the farmers whose lives depend on the watershed.

Thursday, March 28, 2019
Are Initial Coin Offerings Here to Stay?
David Yermack

David Yermack, Albert Fingerhut Professor of Finance and Business Transformation and chairman of the finance department at New York University’s Stern School of Business, will  describe the growth of initial coin offerings (ICOs), a new channel of entrepreneurial finance that has grown rapidly to become a competitor of venture capital as a source of startup finance and will explore the origins of ICOs, look at original research into their success factors, and examine the evolving regulatory problems that ICOs have created.

David Yermack is the Albert Fingerhut Professor of Finance and Business Transformation and chairman of the finance department at New York University’s Stern School of Business, where he has been a member of the faculty since 1994.  He is also an adjunct professor of law at the NYU School of Law, director of the NYU Pollack Center for Law and Business, and a research associate of the NBER Law and Economics program. 

In 2014 Yermack began teaching a full semester course at NYU on digital currency and blockchains with Geoffrey Miller, professor of law at NYU. The course was the first in the world on this topic taught at a major research university, and now draws more than 200 students annually.

Yermack has presented his FinTech research at numerous international universities and regulatory bodies including the United Nations, Bank for International Settlements, OECD, U.S. Treasury, U.S. Securities and Exchange Commission, Inter-American Development Bank, World Bank, and the U.S. Public Company Accounting Oversight Board.

Professor Yermack’s Athenaeum presentation is co-sponsored by Center for Innovation and Entrepreneurship (CIE), the Lowe Institute of Political Economy, and Financial Economics Institute (FEI), all at CMC.