February 24, 2023
Linda Blaser
Assistant Professor Kent Grote named first Rosemary Hale Scholar
Assistant Professor of Economics Kent Grote has been named the first Professor Rosemary Hale Scholar, it was announced February 24, 2023.
A faculty member since 1998, Grote earned his PhD in economics from George Mason University, completed a Fulbright fellowship at Bayreuth University in Bayreuth, Germany, and received his BA in economics and public administration from Doane College.
An exceptional teacher, advisor, scholar, and community member, Grote’s specializations include economics and law, industrial organization, and applied microeconomics. His research focuses attention on the behavioral consequences of state and national lottery schemes, having contributed lengthy chapters on the topic in both the Oxford Handbook on the Economics of Gambling and in the Handbook of Sports and Lottery Markets in addition to many other peer-reviewed journal articles.
Working with his departmental colleagues, Kent will help to develop interdisciplinary and collaborative research projects and programs focused on entrepreneurship, free market research, and the legal regulations of the markets, all areas of importance to Rosemary Hale.
The Professor Rosemary Hale Scholar was made possible by a major gift from alumnus Steve Osborn ’75. With his generous $1 million donation, Osborn is honoring an economics faculty member who had a profound impact on his educational experience at Lake Forest College and on his career.
Hale taught economics at the College—the first woman to do so—from 1946 through 1984. A nationally renowned economist and antitrust litigation expert, Hale also authored dozens of papers and co-authored two books. A strong believer in hands-on professional experience, Hale established the College’s first structured student internship program in 1974.
As an economics major, Osborn studied under Hale and was among the first group of students to participate in the new internship program.
Related Links
- Learn more about the Professor Rosemary Hale Fund for Teaching and Research
- Meet Assistant Professor Kent Grote
- Explore the Department of Economics