Since the new academic year is about to start, I thought I’d fill you in on what’s new at GMU Econ.

First, the bad news: Some of our experimentalists are leaving, including Nobel prize-winner Vernon Smith.

Second, the good news: Two of the world’s best experimentalists – Kevin McCabe and Dan Houser – are staying.

Third, the excellent news: Six outstanding new faculty have joined our department. They are… [drum roll please]

Whenever people ask me about the best three things at GMU, my answer is always “Colleagues, colleagues, colleagues.” I’ll miss Vernon and company. But all things considered, I’m looking forward to my best year yet.