Hello All!
Well, it has been quite some time since I've written to many of you, so I thought is was roughly time again to send out the dreaded mass email (they feel so impersonal and selfish). Seems like forever since I've written one of these and it is difficult to know what to include.
First Year of Marriage
Tiffany and I had our one year anniversary this past summer on May 29th and are now approaching our second (no kids yet, just in case you're wondering). Marriage and living together is definitely much different than simply dating. You learn so much about yourself and your spouse, both good and bad, and have to learn how to cope and compromise on various habits, nuances, opinions (like convincing Tiff that Walmart is not the Devil), and annoyances. For example, one of the first and rare blow-ups Tiffany and I had was over pancakes. Now, I know you're thinking,"Really Ben, c'mon--pancakes?" But what I took as simply expressing how I like my pancakes to be cooked (thickness of the batter, done in the middle etc.), Tiffany took as my unwillingness to appreciate her effort to cook for me. We laugh about it now, but at the time it was quite the little spat. Certainly that situation is comparable to some things that happen during dating, but really, pancakes? Despite that, the first year was great and I'm sure life will only get better in many respects. Marriage is the most wonderful and rewarding choice I have ever made in my life. Tiffany is absolutely amazing, and the fact the she puts up with me now, and has agreed to put up with me for eternity is the most humbling blessing I could have received. I love my life and the person that I am in a large part because of the inspiration and motivation that she is to me (and hopefully she can say the same although I suspect she's better for me than I am for her).
First Year of Ph.D Program
The next major thing is of course school and I am proud to say that I survived my first year, and nearly my second of graduate school (not without a few scars). For those of you that may not know, I had originally planned on getting a Master's Degree in Regulatory Economics and then getting a job doing consulting - to speed up the process I took the first semester of Advanced (graduate level) Macroeconomics during my last semester as an undergrad. By some miracle, along with simultaneously being engaged, I managed to get one of 3 A's in that course. My prof. for that course, Rob Godby, also happened to be the Grad Program Chair and when he sent me my acceptance letter for Grad. School he asked that I enroll as a Ph.D student. After much thought and prayer I felt it was the right decision and the next thing I knew I was newly married and starting the Ph.D program in Economics here at UW. Tiffany got into Ohio State for her Master's and I was told not to expect acceptance (at least not with funding) - the decision was made much easier by the fact that we both got assistantships at UW that fully pay for tuition, fees, plus living stipends. I'm a bit jealous of Tiffany as she will be finishing her Master's in School Counseling in May and I'm still looking at 3 years, but I can't complain too much.
Many of you are now in or finishing some kind graduate school of some kind or another. Ronda and her Medical School, Steve and Hillary in Law School etc. so you are probably aware that graduate school has an entirely different level of expectation and difficulty, and rightly so ( I don't know, maybe it isn't that big of deal for some of you, but for me it has been challenging). In my program, after the first year we have to take two major exams called Comprehensive Exams or Comps (some schools call them Qualifiers or Pre-lims). The Comps are two 5 hour written exams that cover Macroeconomic and Microeconomic theory respectively and are taken two weeks after finals. Even though you get two at each they are still the most stressful and challenging academic process that I personally have been through. For most schools, along with GPA, they are the first round of weeding out (we had two Ph.d students switch to Masters).
On the first try I didn't pass either of the exams, but was given a chance to reverse the decision on the Microeconomics exam through an oral examination from the three Prof. on the Micro committee, so after a few more days of studying I had the privilege of being grilled for roughly 30 minutes (can take up to 2 hours if you are really struggling) on microeconomics by the committee. I happily passed the oral examination and so I only had to worry about retaking the macroeconomics exam at the end of the summer.
Summer 2005
Apart from working full time with Tiffany at WYSAC (WY Survey and Analysis Center) the summer was quite relaxed. Toward the end of the summer Tiffany went off to Guatemala to do an internship as a school counselor and was there for about 5 weeks which became the foundation for her Master's B Paper. While she was gone I kept myself busy by going to a conference in Auburn, AL regarding Austrian Economics which is kind of the libertarian (read free markets) branch of economic schools of thought; it was quite interesting trying to debate pollution regulation with an anarchist.
After that I took another two weeks to prepare for my 2nd try at the macroeconomics comp exam the week before school started. I was the only one retaking the macro comp (I believe 5 retook the micro). I felt pretty good about how I wrote the test, but a few days latter I got the letter telling me that I had once again failed the macro comp, but this time they were going to give me chance to do an oral to try and reverse the decision. The professors here really try and evaluate you bassed on your strengths and I think they knew I has good on my feet explaining things, and knew more than I was able to show them on the written exam. I think it took about 45 minutes to work through the problem and in the end they decided to pass me on the Macro comp. Hooray!!!
Second Year of Ph.D Program...So Far
This second year of school has been equally challenging, but more fun as we have more freedom to explore our own interests and get started on various research projects. I was also able to go to Boston in January to the American Economic Associations conference and rub shoulders with some of the rock-stars of economics such as Robert Solow who won a Nobel Prize for his work on Economic Growth. Currently I am working on a side project with a Prof. Kunce on applying Spatial Econometrics to his work on Environmental Regulation and Drilling Costs. No one here at UW has much experience with Spatial Econometrics so I am sort of teaching myself and my professors as I go along. I'm hoping to extend the work into the literature on Central Bank Independence and Inflation given that I've already spent 10's of hours writing a program in GAUSS to do some of the diagnostic work. It's great fun actually!
Let's see. I recently relieved word that I was one of the top 2 candidates for a fairly prestigious internship through Cheyenne Capital Fund which is the first Private Equity venture the State of Wyoming has tried. CCF is trying to place me (and Tiff) with one of their Venture Capital partners in either Chicago or Washington, D.C. for the summer which should be a nice adventure for us before kids and my dissertation enter the picture.
Church Responsibilities
I know I've talked a lot about school, but that is essentially my whole life at this point. I guess on a more personal note, in September I was asked to fill a local leadership position for my Church by serving in one of the University Single Student Wards. I spend a lot of time in meetings, find people to speak in church, oversee the Ward clerks and the Ward finances etc. It is quite humbling and rewarding and I've grown a lot spiritually because of it. I'm not sure that it has been as positive for Tiffany since it is sort of odd to be one of only three married girls in the Ward, but she gets to play the organ on Sundays which keeps her in practice.
In Conclusion
I'm sure there is tons I'm forgetting but this email is far too long already so I will leave it at that. I am including all of my contact information below should any of you feel the urge to write back or get in touch. It seems like the ability to keep in touch is inversely proportional to the time since high school (the more time passes, the harder it gets).
I hope you all are well, and please look me up if you are ever in the vicinity of Laramie.
Verbosely yours,
Benjamin R. Cook
University of Wyoming
Economics & Finance
Ross Hall #11