Wednesday, February 23, 2022

The 5 Highest Earners on the PGA TOUR in 2021

The 2021 season was a good year for the average PGA TOUR golfer. According to PGA TOUR stats, the average golfer earned $1.49 million last season, up from just $1.02 million the year prior. It’s also the highest average earnings total in PGA TOUR history. This is true even with excluding the $15 million first-place prize and other bonuses for the FedEx Cup.

Jon Rahm, the winner of the 2021 U.S. Open, led all players on the PGA TOUR with $7.71 million in prize money through 22 events in 2021. He averaged $350,269.68 per tournament. A 27-year-old native of Barrika, Spain, Rahm enjoyed the best year of his career since turning pro in 2016. He recorded 15 top-10 finishes, including second-place results at the TOUR Championship and ZOZO CHAMPIONSHIP @ SHERWOOD.

Rahm finished six-under-par at the 2021 U.S. Open at Torrey Pines Golf Club in La Jolla, California. He defeated second-place finisher Louis Oosthuizen, by one stroke and secured the $2.25 million first prize. Oosthuizen, who holds the distinction of earning the most money ($6.31 million) without a single tournament victory in 2021, won $1.35 million for his second-place finish. Xander Schauffele, Scott Scheffler, Sungjae Im, and Corey Conners earned at least $4 million without winning a single tournament.

Patrick Cantlay finished second with $7.64 million in earnings in 2021. The UCLA alumnus recorded seven top-10 finishes and won the TOUR Championship, BMW Championship, the Memorial Tournament presented by Nationwide, and the ZOZO CHAMPIONSHIP @ SHERWOOD. He had only won two tournaments before the 2021 season.

Despite earning slightly less than Rahm, Cantlay earned the 2021 PGA TOUR Player of the Year award in September via a vote from fellow PGA TOUR players. Rahm fared better in the four major championships, but Cantlay was consistent in other PGA TOUR events as he recorded 17 top-25 finishes. He also scored a close victory over Rahm in the TOUR Championship.

Bryson DeChambeau won $7.43 million, his most since the 2017-18 season, to finish in third place on the PGA TOUR money list in 2021. A 28-year-old alumnus of Southern Methodist University, DeChambeau won the Arnold Palmer Invitational and the 2020 U.S. Open, delayed three months due to the COVID-19 pandemic. It was the first major championship victory for DeChambeau, who recorded nine top-10 finishes last season.

Collin Morikawa experienced a breakthrough year in only his third season on the PGA TOUR. The 24-year-old American earned $7.06 million and recorded eight top-10 finishes, including victories at the World Golf Championships-Workday Championship at The Concession and The Open Championship. Morikawa shot 15-under-par at the 149th Open Championship at Royal St. George’s Golf Club in England to win his second major championship. He earned $2.07 million in prize money for the tournament victory.

Despite finishing fifth on the PGA TOUR money list in 2021, it was a relatively down year for Justin Thomas. The 28-year-old University of Alabama alumnus earned $6.54 million last season but ranked first in earnings in 2020 ($7.34 million), 2018 ($8.69 million), and 2017 ($9.92 million). A 14-time winner on the PGA TOUR, Thomas won THE PLAYERS Championship and recorded seven top-10 finishes in 2021.



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Monday, February 14, 2022

A Look at Some of the Honorees at Answer the Call’s Annual Gala

Answer the Call, founded by former Major league Baseball (MLB) player and New York Mets Hall of Fame inductee Daniel J. “Rusty” Staub in 1985, is a nonprofit organization that provides critical funding to the families of first responders who lost their lives in the line of duty. In 2021, Answer the Call distributed more than $6.2 million to more than 500 families. The organization can sponsor these families through the generosity of supporters and major fundraising events such as its Annual Gala.

Answer the Call’s 36th Annual Gala took place on October 21 at Cipriani Wall Street in New York City. Approximately 900 people attended the event, and supporters combined with raising $4.3 million for Answer the Call beneficiaries. This allowed the organization to send each family a one-time check in addition to the annual stipend in 2021.

Dozens of businesses and philanthropists provided sponsorship funding for Answer the Call’s 36th Annual Gala. AIG, Citi, and Trilantic North America were among the five Champion of Hope sponsors. In contrast, other sponsors included Bloomberg Philanthropies, Kristen and Andy Shapiro, Stone Point Capital, and Catherine and Michael Aiello. Philip V. Moyles, Jr., president of the board at Answer the Call and executive vice president of EPIC, was honored at the event for his longtime support of the N.Y Police & Fire Widows’ & Children’s Benefit Fund. Moyles, Jr. was appointed president in 2015 and has served on the board since May 2007.

Answer the Call had honored a special guest at each of its annual gala events dating back to its inaugural ceremony in 1986 when it honored Peter Ueberroth. A former United States Olympic hopeful, Ueberroth served as president and CEO of the Los Angeles Olympic Organizing Committee for the 1984 Games. That same year, he was elected commissioner of MLB. He served four years as commissioner of the league and oversaw leaguewide attendance increases and a vigilant anti-drug campaign. He also successfully negotiated a four-year, $1.1 billion broadcast partnership contract with CBS.

The following year, Answer the Call honored eventual president Donald Trump. It honored William Voute (1988), Daniel Tully (1989), and Milton Petrie (1990) in subsequent years before honoring its founder, Daniel Staub, in 1991. Since then, it has honored various business executives, politicians, celebrities, and athletes. The nonprofit honored three people, including former New York Rangers captain and two-time Stanley Cup champion Mark Messier and actor Harrison Ford, in 2008. Former New York mayors Michael Bloomberg, Rudy Guliani, Edward Koch, and David Dinkens were the guests of honor at Answer the Call’s 2009 Annual Gala.

More recently, Answer the Call honored executives such as Peter Zaffino (2015), Edward Skyler (2018), and James Zelter (2019). Zaffino, an experienced insurance executive, was president and CEO at Marsh when he was honored and now functions as chairman and CEO at AIG. Skyler, meanwhile, is a former deputy mayor for operations for the City of New York who worked in the Bloomberg administration from 2002 to 2010. He now serves as executive vice president for global public affairs at Citi. Zelter is co-president at Apollo Asset Management.



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Thursday, February 3, 2022

About Kenyon College’s Economics Academic Program

Located in Gambier, Ohio, Kenyon College comprises nearly 1750 students and 200 faculty and staff. Kenyon is known for creating the model of professors serving as academic advisors, and it offers a comprehensive and deep curriculum of 50 majors, minors, and concentrations. For example, Kenyon’s economics major integrates theory, data, analytical models, public policy issues, and quantitative research methods to help students acknowledge and predict social behavior.

Economics students at Kenyon learn how to build, test, and review behavior models and examine how each agent, whether a consumer, worker, firm, or government, interacts in the markets at the individual and economy-wide level. Besides engaging in microeconomic and macroeconomic analyses, they learn how to examine key social problems, such as pollution, unemployment, gender, and race, and then evaluate the public-policy proposals created as solutions to these issues.

The main goal of the College’s department of economics is to help its majors acquire some abilities such as understanding and utilizing economic models, understanding and interpreting economic data, applying economic analysis, focusing on public policy issues, and appreciating each theoretical economic model’s powers and limitations.

Each of Kenyon’s economics courses introduces interdisciplinarity, and all of them are designed to help students develop communication skills and think analytically and rigorously. For example, some courses focus on the principles of microeconomics, macroeconomics, introduction to econometrics, poverty in developing countries, business cycles, game theory, and economics of women and work.

ECON 101, or the principles of microeconomics, studies questions related to economic choice and efficiency and social welfare. Through this subject, Kenyon students learn producer and consumer behavior theories and understand how each approach can be used to foresee the consequences of government, business, and individual actions. Some topics that ECON 101 covers include supply and demand analysis, the gains from trade, price controls, consumer choice, and more.

On the other hand, poverty in developing countries, or ECON 300, counts toward the seminar requirement for the major. It focuses on the potential causes of persistent poverty in developing countries by exploring issues such as poor health, food deprivation, high population growth, and substandard education. In this seminar, Kenyon economics students can analyze empirical evidence on local entrepreneurship and microfinance, practice conventional econometrics techniques, the principles of behavioral economics, and more.

Economics of women and work, or ECON 378, is another subject that counts toward the seminar requirement for the major. It examines the role of women in the labor market and how this role has changed throughout the years. ECON 378 compares women’s and men’s situations regarding labor supply, occupational choices, wage rates, and unemployment levels. The seminar also tackles several economic models’ explanations about the differences between labor market outcomes for women and men. Moreover, the economics of women and work evaluate some existing public policy proposals created to solve gender differences in wages and work opportunities.

Kenyon economics majors may choose among several career paths after graduating. For instance, some typical first jobs and positions for graduates are an investment banking analyst at VU Venture Partners, a technology investment banking analyst at UBS Warburg, a financial advisor at Morgan Stanley, a business analyst at Aberdeen Standard Investments; among others. Kenyon’s website also lists typical career paths in other companies.



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Answer the Call’s 36th Annual Game and Family Day a Success

On June 23, 2021, Answer the Call -New York Police and Fire’s Widow’s and Children’s Benefit Fund held the 36th Annual Game and Family Da...