  {"id":47470,"date":"2013-03-27T15:30:03","date_gmt":"2013-03-27T19:30:03","guid":{"rendered":"https:\/\/www.ucf.edu\/news\/?p=47470"},"modified":"2013-03-27T15:30:03","modified_gmt":"2013-03-27T19:30:03","slug":"learning-fiscal-policy-and-lifelong-lessons","status":"publish","type":"post","link":"https:\/\/www.ucf.edu\/news\/learning-fiscal-policy-and-lifelong-lessons\/","title":{"rendered":"Learning Fiscal Policy \u2013 and Lifelong Lessons"},"content":{"rendered":"<p>We are all students and learners and teachers.<\/p>\n<p>I write this in\u00a0tribute to my greatest teacher from a student\u2019s perspective. Maybe you will stop to think of a favorite teacher, mentor or role model, and perhaps even reach out and say hello to them.<\/p>\n<p>Dr. Elbert V. Bowden taught at Appalachian State University, and from a piercing gaze behind large, wired glasses, the wild-haired eccentric professor enthusiastically discussed his economics course assignments, office hours, grading policy and the course\u2019s planned 84 essays in a totally unusual way. \u00a0<\/p>\n<p>And he issued this challenge: \u201cIf past performance indicates future performance, no student will earn a Bowden \u2018A.\u2019\u201d<\/p>\n<p>With no clue of what macroeconomics was, these declarations already waged war within me. Over time, the war became a voyage to take all of his courses and to earn a Bowden \u2018A\u2019.<\/p>\n<p>He continued energetically: \u201cI never answer a phone but return answers to machine messages daily starting at 2 a.m., a dull time for me for which I perform routine tasks. Turn on your answering machine if you don\u2019t wish to speak.\u201d<\/p>\n<p>By this point in his life he had authored dozens of publications and his book,\u00a0<em>Economics, The Science of Common Sense<\/em>, traveled the globe as a merchant marine during World War II, recorded country songs, earned a Ph.D. from Duke University, and changed the lives of thousands, challenging them to reach their potential. Appalachian State\u2019s student-managed investment fund was named in his honor in 2001.<\/p>\n<p>He said the lack of an \u2018A\u2019 in his class resulted from a heavy work\u00a0load and his grading policy.<\/p>\n<p>We had to study hard, write continuously and prepare for examinations.\u00a0<\/p>\n<p>To prepare, I read, wrote, outlined, timed, and answered. I wrote essays on broad subjects in 10-minute segments creating unexpected physical and aesthetic challenges.<\/p>\n<p>Tight pencil gripping brought perspiration that dropped onto the quiz sheets like dew drops on the morning grass. The water made the typical left-handed graphite smudges into puffy, irregularly bordered cloud-like rings of graphite. A soft knot formed on one of my fingers that started to bleed small droplets of blood onto the paper.<\/p>\n<p>The graphite smudges, sweat, and blood mixture cast a watercolor effect upon the handwritten essay, making it an overall mess.<\/p>\n<p>One week as Bowden handed out quizzes, he blasted: \u201cGood news, there was a Bowden A on quiz 7. Is it the student with clutter behind his desk, with dreadful handwriting, who wrote a note apologizing for the blood and sweat on the quiz?\u201d<\/p>\n<p>I was purple-faced as he handed me the paper and said: \u201cKeep it up\u201d and \u201cKeep the clutter to a minimum.\u201d<\/p>\n<p>I will never forget that triumphant moment.<\/p>\n<p>Six courses, several Bowden &#8216;A&#8217;s, and a few years after graduation, I requested a letter of recommendation. He wrote: \u201cDenver may not know his true potential,\u201d \u201cis too worried about success to see his potential,\u201d \u2018\u2019is a hard worker,\u201d \u201cearned Bowden \u2018A\u2019s, never missed class.\u201d<\/p>\n<p>We learned fiscal policy, the multiplier effect, and so much more in these long-lasting lessons he left us with:<\/p>\n<p>&nbsp;<\/p>\n<li>Achieve the work inside your dream while waiting for the dream.<\/li>\n<li>Loving what you do is economically intelligent and easier.<\/li>\n<li>Rigorous work and accountability develop potential and possibility.<\/li>\n<li>Work hard, expect hard work, inspect work.<\/li>\n<li>Write and read copiously.\u00a0<\/li>\n<li>Time pressure, preparation, and desire teach the ability to synergize information.<\/li>\n<li>Everything has opportunity costs. \u201cYes,\u201d to one thing means saying \u201cno,\u201d to everything else at that moment.<\/li>\n<li>Well-designed systems explained clearly are hassle-free and fair.<\/li>\n<li>The majesty of accomplishment is in the tenacity of earning it.<\/li>\n<li>Life is learning and earning, not teaching and grading.\u00a0\u00a0<\/li>\n<li>Generating understanding is vital! Generating agreement is not vital.<\/li>\n<li>Success and dreams appear as sweat on the brow of realized potential activated through efficient and effective effort.<\/li>\n<p>&nbsp;<\/p>\n<p>During my time with Bowden, I was challenged as never before\u00a0\u2013 and learned that I also had a desire to teach and inspire others.<\/p>\n<p>Here\u2019s to the spirit of lifelong teaching of Dr. Elbert V. Bowden, teaching to infinity and beyond.<\/p>\n<p><em>麻豆原创 Forum columnist <\/em><em>Denver Severt is an associate professor with the Rosen College of Hospitality Management at the 麻豆原创. He can be reached at Denver.Severt@ucf.edu. <\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"We are all students and learners and teachers. I write this in\u00a0tribute to my greatest teacher from a student\u2019s perspective. Maybe you will stop to think of a favorite teacher, mentor or role model, and perhaps even reach out and say hello to them. Dr. Elbert V. Bowden taught at Appalachian State University, and from a piercing gaze behind large,&hellip;","protected":false},"author":11,"featured_media":45890,"comment_status":"open","ping_status":"closed","sticky":false,"template":"template-twocol.php","format":"standard","meta":{"_acf_changed":false,"lazy_load_responsive_images_disabled":false,"footnotes":"","_links_to":"","_links_to_target":"","_wp_rev_ctl_limit":""},"categories":[21],"tags":[7899,1488,7882],"tu_author":[],"class_list":["post-47470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opinions","tag-denver-severt","tag-economics","tag-ucf-forum"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Learning Fiscal Policy \u2013 and Lifelong Lessons | 麻豆原创 News<\/title>\n<meta name=\"description\" content=\"We are all students and learners and teachers. I write this in\u00a0tribute to my greatest teacher from a student\u2019s perspective. Maybe you will stop to think\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ucf.edu\/news\/learning-fiscal-policy-and-lifelong-lessons\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Learning Fiscal Policy \u2013 and Lifelong Lessons\" \/>\n<meta property=\"og:description\" content=\"We are all students and learners and teachers. I write this in\u00a0tribute to my greatest teacher from a student\u2019s perspective. Maybe you will stop to think\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ucf.edu\/news\/learning-fiscal-policy-and-lifelong-lessons\/\" \/>\n<meta property=\"og:site_name\" content=\"麻豆原创 News | 麻豆原创 Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/麻豆原创\" \/>\n<meta property=\"article:published_time\" content=\"2013-03-27T19:30:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ucf.edu\/wp-content\/blogs.dir\/20\/files\/2013\/02\/麻豆原创-Forum-column.gif\" \/>\n\t<meta property=\"og:image:width\" content=\"450\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\n<meta name=\"author\" content=\"Gene Kruckemyer \u201973\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@麻豆原创\" \/>\n<meta name=\"twitter:site\" content=\"@麻豆原创\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gene Kruckemyer \u201973\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ucf.edu\\\/news\\\/learning-fiscal-policy-and-lifelong-lessons\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ucf.edu\\\/news\\\/learning-fiscal-policy-and-lifelong-lessons\\\/\"},\"author\":{\"name\":\"Gene Kruckemyer \u201973\",\"@id\":\"https:\\\/\\\/www.ucf.edu\\\/news\\\/#\\\/schema\\\/person\\\/9640ca0c84355d1c971ce4e83999b1cc\"},\"headline\":\"Learning Fiscal Policy \u2013 and Lifelong Lessons\",\"datePublished\":\"2013-03-27T19:30:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ucf.edu\\\/news\\\/learning-fiscal-policy-and-lifelong-lessons\\\/\"},\"wordCount\":718,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ucf.edu\\\/news\\\/learning-fiscal-policy-and-lifelong-lessons\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ucf.edu\\\/wp-content\\\/blogs.dir\\\/20\\\/files\\\/2013\\\/02\\\/麻豆原创-Forum-column.gif\",\"keywords\":[\"Denver Severt\",\"economics\",\"麻豆原创 Forum\"],\"articleSection\":[\"Opinions\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2013\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.ucf.edu\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ucf.edu\\\/news\\\/learning-fiscal-policy-and-lifelong-lessons\\\/\",\"url\":\"https:\\\/\\\/www.ucf.edu\\\/news\\\/learning-fiscal-policy-and-lifelong-lessons\\\/\",\"name\":\"Learning Fiscal Policy \u2013 and Lifelong Lessons | 麻豆原创 News\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ucf.edu\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ucf.edu\\\/news\\\/learning-fiscal-policy-and-lifelong-lessons\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ucf.edu\\\/news\\\/learning-fiscal-policy-and-lifelong-lessons\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ucf.edu\\\/wp-content\\\/blogs.dir\\\/20\\\/files\\\/2013\\\/02\\\/麻豆原创-Forum-column.gif\",\"datePublished\":\"2013-03-27T19:30:03+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ucf.edu\\\/news\\\/#\\\/schema\\\/person\\\/9640ca0c84355d1c971ce4e83999b1cc\"},\"description\":\"We are all students and learners and teachers. 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