Biography:Scott H. Irwin

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Short description: Economist at the University of Illinois Urbana-Champaign)
Scott H. Irwin
Sirwin.jpg
NationalityAmerican
InstitutionUniversity of Illinois Urbana-Champaign
Fieldcommodity markets, agricultural risk management, and speculation
Alma materPurdue University (PhD)
Iowa State University(BS)
Information at IDEAS / RePEc

Scott H. Irwin is the Laurence J. Norton Chair of Agricultural Marketing and professor in the department of agricultural and consumer economics at University of Illinois Urbana-Champaign.[1]

Career

Irwin earned a bachelor's degree in agricultural business from Iowa State University in 1980 and both an MS and PhD in agricultural economics from Purdue University in 1983 and 1986, respectively. He currently teaches courses on commodity price analysis and futures and options market research.

Main contributions

Irwin is a national and international leader in the field of agricultural economics. His research on agricultural markets is widely cited by other academic researchers[2] and is in high demand among market participants, policymakers, and the media. One of his papers was selected as the "Top 25 Paper Published in the First 25 Years of the Journal of Economic Surveys".[3]

Irwin is best known for his work on the impact of speculation in commodity market. He has been an active participant in the world-wide debate about the market impact of financial index investment in commodity markets, popularly known as financialization. Irwin has published numerous academic articles on the subject and has been called upon to provide testimony before the US Congress, the Organisation for Economic Co-operation and Development,[4] and the Commodity Futures Trading Commission, as well as publishing op-ed articles in The New York Times [5] and the Washington Times.[6] He has been invited to make presentations to numerous international organizations such as the World Trade Organization,[7] Food and Agriculture Organization, World Bank, International Energy Agency, and International Institute of Finance.

Other contributions

Irwin has developed agricultural extension programs that have helped farmers throughout the world make informed production, marketing, and financial decisions.

  • His leadership and vision have been the driving force behind the farmdoc project[8] at the University of Illinois since its inception in 1999.
  • He led the development of farmdoc daily,[9] which has the goal of publishing one original research-based article each day.

Controversy

Scott H. Irwin was blamed, along with Craig Pirrong, by journalist David Kocieniewski for not disclosing ties with the financial industry.[10] He has been paid for consulting services and research by private funding from financial companies. David Kocieniewski adds "Mr. Irwin declined to provide a list of his clients, and the university said its disclosure requirements did not compel him to do so". This report was hugely criticized by financial journalist Felix Salmon for being misleading and unethical.[11] David Kocienewski answered to issues raised by Felix Salmon but the latter found Kocienewski's answers unconvincing.[12]

Awards

Irwin is a member of the Agricultural & Applied Economics Association (AAEA) and was named a Fellow in 2013.[13]

  • 2018, AAEA Bruce Gardner Memorial Prize for Applied Policy Analysis
  • 2018, APEX Distinguished Alumni Award, Department of Agricultural Economics, Purdue University
  • 2016, AAEA Quality of Research Discovery Award[14]
  • 2016, AAEA Distinguished Group Extension Program Award[15]
  • 2016, Spitze Land-Grant Professorial Career Excellence Award, College of Agricultural, Consumer, and Environmental Science, University of Illinois Urbana-Champaign[16]
  • 2014, AAEA Quality of Communication Award[17]
  • 2014, AAEA Distinguished Group Extension Program Award[18]
  • 2013, AAEA Fellow[19]
  • 2008, Donald A. Holt Achievement Award, Illinois Council on Food and Agricultural Research
  • 2004, 2010, 2013 Team Award, College of Agricultural, Consumer, and Environmental Science, University of Illinois Urbana-Champaign[20]
  • 2002, AAEA Distinguished Group Extension Program Award[21]

References

  1. ↑ "Scott H. Irwin". 14 April 2022. https://time.com/author/scott-h-irwin/. 
  2. ↑ "Scott H. Irwin - Google Scholar". Google Scholar. https://scholar.google.com/citations?hl=en&user=4H49cwwAAAAJ. 
  3. ↑ "Journal of Economic Surveys". wiley online library. doi:10.1111/(ISSN)1467-6419. https://onlinelibrary.wiley.com/page/journal/14676419/homepage/25th_anniversary_virtual_issue_-_joes_editors__top_25_in_25.htm. 
  4. ↑ Irwin, Scott H.; Sanders, Dwight R. (2010). The Impact of Index and Swap Funds on Commodity Futures Markets. OECD Food, Agriculture and Fisheries Papers. doi:10.1787/5kmd40wl1t5f-en. https://www.oecd-ilibrary.org/agriculture-and-food/the-impact-of-index-and-swap-funds-on-commodity-futures-markets_5kmd40wl1t5f-en. 
  5. ↑ Sanders, Dwight R.; Irwin, Scott H. (20 July 2008). "Opinion | Futures Imperfect". The New York Times. https://www.nytimes.com/2008/07/20/opinion/20irwinsanders.html?ref=opinion. 
  6. ↑ "IRWIN: Blaming energy futures for energy's current costs". https://www.washingtontimes.com/news/2012/may/3/blaming-energy-futures-for-energys-current-costs/. 
  7. ↑ "WTO | Community - Debates - What is the role of the multilateral trading system on world food prices?". https://www.wto.org/english/forums_e/debates_e/debate18_e.htm. 
  8. ↑ "Farm Decision Outreach Central". http://farmdoc.illinois.edu/. 
  9. ↑ "Home • farmdoc daily". http://farmdocdaily.illinois.edu/. 
  10. ↑ Kocieniewski, David (2013-12-27). "Academics Who Defend Wall St. Reap Reward" (in en-US). The New York Times. ISSN 0362-4331. https://www.nytimes.com/2013/12/28/business/academics-who-defend-wall-st-reap-reward.html. 
  11. ↑ Salmon, Felix (2013-12-29). "The non-scandal of Scott Irwin and Craig Pirrong". http://blogs.reuters.com/felix-salmon/2013/12/29/the-non-scandal-of-scott-irwin-and-craig-pirrong-3/. 
  12. ↑ Salmon, Felix (2014-01-08). "NYT vs Pirrong and Irwin: David Kocieniewski responds". http://blogs.reuters.com/felix-salmon/2014/01/08/nyt-vs-pirrong-and-irwin-david-kocieniewski-responds/. 
  13. ↑ "Previous AAEA Fellows | Agricultural & Applied Economics Association". https://www.aaea.org/about-aaea/awards-and-honors/aaea-fellows/previous-aaea-fellows. 
  14. ↑ "2016, AAEA Quality of Research Discovery Award | Agricultural & Applied Economics Association". https://www.aaea.org/about-aaea/awards-and-honors/aaea-annual-awards/aaea-annual-award-winners/2016-aaea-annual-award-winners. 
  15. ↑ "2016, AAEA Distinguished Group Extension Program Award | Agricultural & Applied Economics Association". https://www.aaea.org/about-aaea/awards-and-honors/aaea-annual-awards/aaea-annual-award-winners/2016-aaea-annual-award-winners. 
  16. ↑ "Award listing". 2017. http://awards.aces.illinois.edu/past-2017.pdf. 
  17. ↑ "2014, AAEA Quality of Communication Award | Agricultural & Applied Economics Association". https://www.aaea.org/about-aaea/awards-and-honors/aaea-annual-awards/aaea-annual-award-winners/2014-aaea-annual-award-winners. 
  18. ↑ "2014, AAEA Distinguished Group Extension Program Award | Agricultural & Applied Economics Association". https://www.aaea.org/about-aaea/awards-and-honors/aaea-annual-awards/aaea-annual-award-winners/2014-aaea-annual-award-winners. 
  19. ↑ "2013 AAEA Annual Award Winners | Agricultural & Applied Economics Association". http://www.aaea.org/about-aaea/awards-and-honors/aaea-annual-awards/aaea-annual-award-winners/2013-aaea-annual-award-winners. 
  20. ↑ "Award listing". 2017. http://awards.aces.illinois.edu/past-2017.pdf. 
  21. ↑ "2002 AAEA Annual Award Winners | Agricultural & Applied Economics Association". https://www.aaea.org/about-aaea/awards-and-honors/aaea-annual-awards/aaea-annual-award-winners/2002-aaea-annual-award-winners. 

External links



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