Wednesday, August 20, 2008
The End of the Road
Tomorrow most of us will be heading back to the states. Some will stay to do some additional travelling, with family or independently. I think I can speak for all of us when I say that the Cambridge Economics Seminar is truly a wonderful, once in a lifetime experience, and that I would recommend it to any Carleton student, whether they are an econ major or not. If you are interested in going to Cambridge with this seminar in the future and would like to find out more about it, there is a list of students on the left-hand side of this page, and any of us would be more than happy to answer any questions you may have.
Wednesday, August 13, 2008
Bain, The Globe, and Alumni Dinner


With one week left in the UK, our group made one final trip south to London. Our first stop of the day was the London office of Bain & Company, a management consulting firm based out of Boston, Massachusetts. There we met with one of the partners of the firm, John Ott '81 P'07. He briefly explained what consulting firms do, what he does, and how he got there, before opening up for questions. We once again used this opportunity to get a better idea of how to prepare for and get into the business world.
After the Bain visit, we crossed the Thames for a nice South-American lunch on the south bank before proceeding to Shakespeare's Globe Theatre for a matinee presentation of King Lear. The atmosphere at the Globe was incredible. The stage is open-air and a majority of the audience stands on the ground in the middle of the theatre. We were lucky enough to have seats in the upper circle, which gave us great views and better yet, protection from the rain. Despite the poor weather, the talented and determined cast pushed through and gave a spectacular performance.
After the show, we met a small group of Alumni at Zizzi, a British Italian restaurant, for dinner. This afforded us yet another valuable opprtunity to network, and to hear their collective experiences and advice.
Wednesday, August 6, 2008
UBS and the British Parliament


For our second-to-last excursion, during our second-to-last week of classes, we again hopped on the morning train south to London. Our first stop was the London office of UBS, a Swiss Financial Management firm, and the second largest bank in Europe. There we met with currency strategist Geoffrey Yu '06. He gave a short presentation consisting of an overview of UBS as well as his particular dealings in the foreign currency markets. The most valuable part of the meeting however was a candid discussion in which Geoffrey shared with us his experiences as a recent Carleton grad, and advice on how to best take advantage of all that Carleton has to offer to prepare us for potential careers in the financial world. Geoffrey was full of extremely useful and interesting information for us and we probably could have sat and talked with him well into the afternoon. Unfortunately, the finance world is a busy place and eventually Mr. Yu had to leave us.
After departing UBS and picking up a quick lunch, the group returned to Westminster for a guided tour of the British Houses of Parliament. It was was quite amazing to walk through a space with such a rich history, to see where the kings, queens and lords went about running the British Empire. We were not allowed to sit, but we even got to stand behind the benches in the House of Commons where we could only imagine the raucus atmosphere that must be present during a session. When we had seen all the guilded ceilings, churchill statues and Henry VIII portraits we could handle, we headed back up to Cambridge for an extravagant dinner at Pavel's house (Domino's Pizza), in honor of our guest, the professor leading the 2009 Cambridge Seminar, Radek Szulga.
Sunday, August 3, 2008
Trains, Planes and... Cruise Ships?
Friday, July 25, 2008
Brussels, Belgium




The last three days have been a a blur. Wednesday morning our bus left Shrewsbury and stopped briefly in Cambridge to repack before continuing south to London's St. Pancras International Train Station, where we caught the afternoon Eurostar to Brussels. The quick trip under the English channel took only about three hours, and before we knew it, we were surrounded by people speaking French and driving on the right (read, proper) side of the road. We spent the first evening settling into our hostel and exploring the surrounding area.
Tuesday, July 22, 2008
The Midlands




With the first (more than) half of our classes, and one midterm behind us, the last five days were spent getting a more experience based education on the industrial revolution period, and the lives of those who lived in England during that time. We moved to the town of Shrewsbury, on the Welsh border, as a base for our daily excursions. Our first stop, not necessarily having to do with the IR but certainly to the delight of all, was the Cadbury factory in Birmingham. After obtaining a thorough knowledge of how Cadbury's Dairy Milk Chocolate was invented and produced, and subsequently filling our bellies with the many samples provided, we managed to escape the Cadbury grounds without giving into the temptation to buy the 5 kilo (that's 11 lbs) bars in the gift shop.
The Black Country is the industrial region to the west of, and separate from, Birmingham in the Midlands of England. It gained its name in the mid nineteenth century due to the smoke from the many thousands of ironworking foundries and forges and the nature of the countryside which had been covered by dark spoil from the working of shallow and relatively thick (30ft) coal seams.
The region was described as 'Black by day and red by night' by Elihu Burritt, the American Consul to Birmingham in 1862 and other authors, from Dickens to Shenstone, refer to the intensity of manufacturing in the Black Country and its effect on the landscape and its people.
Our day at the museum included a walking tour of an old coal mine, a boat ride through a series of limestone mines/caverns, and presentations of the many craftsmen's shops and homes.
Sunday, we visited the small town of Ironbridge, where they have... you guessed it, an iron bridge. Actually it was the first iron bridge ever built, a product of the new technology of malleable iron. We also visited the ruins of the iron foundries, where the giant furnaces separated the iron ore from the rock surrounding it.
Monday, we travelled northeast to Stoke-upon-Trent, to the Gladstone Pottery Museum. The museum has preserved a set of four bottle-shaped pottery kilns and the complex surrounding them. Our tour included demonstrations of the pottery making process, and examples of the conditions under which the men, women and children of the mid-19th century worked and lived.
In the prior three days we had seen the relics of several industries that were of great importance to England during the industrialization period, but the most important industry for the british economy was the textile industry. Tuesday we travelled north to Manchester to the Quarry Bank Mill. This textile mill, which still works to this day, also contains a museum that wonderfully illustrates the evolution of textile producing technology, and the effect that these changes had on the working population.
Tuesday afternoon, we concluded out tour of the midlands with another lighter visit, this time to the home of the Manchester United Football Team, known as the "theatre of dreams", or more properly, Old Trafford. We toured the ManU museum, were given a tour of the stadium, and found out that Pavel can kick a soccer ball really, really hard (though still not as hard as Cristiano "I'm a huge baby" Ronaldo).
After a fun and interesting five days in the midlands, we now prepare for our trip to the continent.
Wednesday, July 16, 2008
London Corporate Visits



Today we left our home in Cambridge and returned to London to gain some insight on the state of global commerce and finance from two of the largest multinational firms in the world. Our first stop was the UK headquarters of Royal Dutch Shell, the world's second largest energy/oil company. We were given a fairly thorough overview of the current oil market, as well as projections of how the world's demands for different types of fuel and energy sources will change in the near and medium terms. The presentation was interesting and engaging, and our presenters were happy to continue chatting with us over lunch afterwards.
Monday, July 14, 2008
Weekend Travel Part III: Branching Out
Thursday, July 10, 2008
Newmarket Ritz Club July Festival
Tuesday, July 8, 2008
Exploring Western England



Over our second weekend of independent travel, several groups set out towards western England to further experience the rich history of this country. One group went to Stratford-upon-Avon, the birthplace of William Shakespeare, to see his grave, his church, and a performance of A Midsummer Night's Dream by the Royal Shakespeare Company.
Friday, July 4, 2008
The 232nd Birthday of the Greatest Nation in the World
Sunday, June 29, 2008
Our First Independent Weeked
Thursday, June 26, 2008
Excursion I: East Anglia



Yesterday was the first of several excursions into the english countryside to explore the history and culture of this great country. We were joined by our tour guide Janet, who was full of energy and knowledge, even if we were not. We started out the day just on the outskirts of Cambridge at the American Military Cemetery. This memorial to the men and women who gave their lives in the second world war contains the graves of over 3000 Americans, and a great wall with the names of over 5000 more whose bodies have never been recovered.
Tuesday, June 24, 2008
Settling into Cambridge

So its been a good few days since we arrived in Cambridge, yet due to some issues in dealing with this "internet" thing, only now am I able to share this with you.
We awoke bright and early about noon this Sunday, packed up our things and loaded a charter bus which had conveniently parked itself just in front of our hostel. We took the scenic route out of London, passing one more time past all of the brilliant sites we had seen in the previous few days, and made our way north to Cambridgeshire. It took just under two hours to arrive at what would be our temporary home for this week, Homerton College.
After moving in and spending a few hours strolling about Cambridge, a majority of the group found its way to the Earl of Derby pub to watch the last of the euro cup quarter finals. The match between two very skilled sides, Spain and Italy, left much to be desired, and really only got exciting as the match concluded with Spain winning on penalties.
Monday, we had the morning free before meeting for a tour of the University. Two absolutely delightful elderly women each took half of our group about the city center, showing us the King's, St. John's, and Trinity Colleges. They shared with us .and quizzed us on, a great deal of history involving the University. We walked through the very pub where Crick and Watson first conceptualized the structure of DNA, passed by the Cavendish Laboratory where 29 of Cambridge's 81 Nobel Prize winners conducted their research, looked upon an apple tree, grown from the roots of that very same tree from which a rosy orb fell into Newton's lap, and we even got to see Prince Philip taking part in the university's graduation ceremonies.
When the tour's were over we continued our explorations of the town, amidst a flurry of activities as many of the university students made their way home for the summer, and the tourists made their way in. The evening culminated with the first of what is sure to be many games of pickup football in the back lawn. We played until it was too dark to see the ball and the time we had remaining to read before Pavel's first lectures had dwindled.
Today was our first official day of classes. We spent a good four hours in lecture hall C in the art school building where Pavel presented lectures for our Industrial Revolution, and Multinational Financial Management courses. We discussed the Malthusian Trap, and the relative stagnation and perhaps even decline in income per capita over the first several millennia prior to the industrial revolution, and were given a brief introduction to globalization, multinational firms, and exchange rate mechanisms.
When class ended we then had the rest of the day to ourselves. Most used the afternoon to read, rest and further explore the city. I am told that another spirited game of pickup football took place early this evening, with the star player Pavel Kapinos gracing the field with his presence. I instead attended a practice of the Strange Blue, Cambridge's ultimate frisbee team, on Jesus Green, and returned just in time for the tail end of a game of cards, which I'm sure Pavel also managed to win.
After a grueling first, well, day of lectures, we will be joined by our awesome tour guides tomorrow for the first of our excursions into the English countryside to attempt to experience firsthand what life leading up to the industrial age might have been like.
Sunday, June 22, 2008
Exploring London, Day III


Our third and final day in London was another busy one. We once again met Pavel in the morning and traveled east to the north bank of the Thames. Our first stop was St. Paul's cathedral, a magnificent creation of the Anglican church during the baroque period. As is true of any great cathedral, St. Paul's is architecturally exquisite, filled with gilded columns, vaulted ceilings, sculptures, mosiacs, and paintings of the holy saints. The cathedral also provides visitors with endless views from the golden gallery high atop it's dome, as well as the chance to look upon the tombs of the Duke of Wellington and Lord Nelson, hero of the battle of Trafalgar.
Friday, June 20, 2008
Exploring London, Day II

Our second full day in London was another busy one. We met Pavel at 9:30 and took the tube to the Waterloo area on the south bank of the Thames. There we took a ride on the London Eye. Even those with a fear of heights found the views over the city to be breathtaking. We then broke for lunch in the Tottenham Court area before proceeding to the British Museum. We spent several hours wandering among the endless collections of artifacts of the Egyptians, Greeks, Romans and many other civilizations. It was a truly humbling experience to look upon a giant bust of Rameses III, or a painted Greek vase depicting Herakles' defeat of the Nemean Lion, to imagine that these treasures were created by human hands thousands of years ago. After absorbing as much history as we could handle, we returned to the hostel for some much needed rest. After a short rest a small group took a trip to the Tate Modern gallery. The countless modern pieces stood in stark contrast with the classical works of art seen earlier in the day, and provided a unique link between the past and present documentation of the human experience.
Tonight's Euro Cup matchup has been a thriller between Croatia and Turkey, with the favourite side Croatia sneaking in a goal with less than two minutes left in the second period of extra time, only to have Turkey notch the equalizer seconds later. In convincing fashion, Turkey completes the upset with a 3-1 edge in penalties.
Thursday, June 19, 2008
Exploring London, Day I



Wednesday, June 18, 2008
Arriving in London

Today was the day that the majority of our group arrived in London. Whether flying into Heathrow or Gatwick, or taking a train in, we all managed to find our way to our lovely little hostel at 7 Brechin Place in the Chelsea-Kensington District. After a brief meeting with Pavel and our host Fabio, we set out for a lovely dinner at the Cactus Blue Restaurant and Lounge, which provided an eclectic blend of Mexican, Cajun, and Asian flavors. We finished dinner just in time to watch the Euro Cup match between Sweden and Russia as a group in the hostel lounge. Much to the delight of Pavel, and to the dismay of this particular Scandinavian, Russia pulled off an impressive 2-0 win over the Swedes. With jet-lag setting in and a busy couple of days ahead, most call it an early night.
