No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, July 28, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Economy

A Tribute to Mark C. Schug’s Career in Economic Education

by TheAdviserMagazine
5 hours ago
in Economy
Reading Time: 6 mins read
A A
A Tribute to Mark C. Schug’s Career in Economic Education
Share on FacebookShare on TwitterShare on LInkedIn


On July 13, the field of economic education lost one of its leading educators, Dr. Mark C. Schug. I had the privilege of knowing Mark for many years and the honor of coauthoring Economic Episodes in Civics and American Government with him. This tribute aims to preserve the historical record of his remarkable career and enduring legacy in economic education.

For more than five decades, Mark C. Schug dedicated his career to helping teachers, students, and the broader public understand and apply economic reasoning. Finishing his career as Professor Emeritus at the University of Wisconsin–Milwaukee, he helped shape the teaching of economics through his work as a classroom teacher, university professor, researcher, curriculum developer, author, editor, and mentor. Throughout his distinguished career, Schug authored or edited more than 280 books, articles, chapters, and national curriculum materials (approximately 31 of which were authored/coauthored books and monographs, and approximately 131 of which were authored/coauthored journal articles), combining rigorous scholarship with a deep commitment to improving economic education for learners of all ages.

After earning bachelor’s, master’s, and doctoral degrees from the University of Minnesota, Schug began his career as a social studies teacher before joining the faculty of the University of Wisconsin–Milwaukee in 1980. There he taught for 27 years, becoming a full professor in the Department of Curriculum and Instruction, and served as Director of the University’s Center for Economic Education for twelve years. His research, particularly on how children develop economic reasoning, helped advance the field of economic education, while his teaching prepared generations of educators to integrate economics into history, civics, government, and everyday decision making.

Schug’s influence extended far beyond the university classroom. He authored or coauthored more than 30 books and monographs, contributed to numerous nationally adopted curriculum projects, edited The Senior Economist for a decade, and guest co-edited numerous themed issues of Social Education, the flagship journal of the National Council for the Social Studies. Among his best-known works were Economics: Choices and Challenge, Economic Episodes in American History, Teachers Can Be Financially Fit, and Economic Episodes in Civics and American Government. Through these publications, as well as workshops and presentations across the United States and internationally, he helped make economics more engaging, practical, and meaningful for educators and students alike.

Schug also devoted considerable time to professional leadership and service. He was the founding President of Business and Economics Academy of Milwaukee (BEAM), a tuition-free PreK–8 charter school that opened in 2001 and integrates business and economics throughout its curriculum. He served as BEAM’s founding president for approximately seven years, and continued his leadership service as the charter school’s longtime board secretary. While directing the Center for Economic Education at the University of Wisconsin–Milwaukee Center, Mark launched Youth Enterprise Academy, a program he developed that gave Milwaukee public school students the opportunity to earn money, invest it, and save for higher education. He served on the boards of numerous educational and civic organizations, including the BEAM, School Choice Wisconsin, Economics Wisconsin, the Wisconsin Council for the Social Studies, University School of Milwaukee, and the Association of Private Enterprise Education. As President of the Wisconsin Council for the Social Studies and through these other leadership roles, he promoted teacher professional development and fostered collaboration among educators.

Schug supported school choice and other reforms designed to strengthen educational opportunity. Milwaukee’s 1990 school voucher program became the nation’s first school voucher program and the pioneering model for school choice reforms across the country, and there is evidence that the increased competition from vouchers incentivized public schools to improve as well.

Mark spent 37 years teaching at the middle school, high school, and university levels before retiring. Even after retiring from the university and being honored with the distinction of Professor Emeritus, Schug remained actively engaged in writing, consulting, and professional development through Mark Schug Consulting Services and the Office for the Advancement of Free Enterprise Education (OAFEE). During the latter part of his career, Schug developed a close professional partnership with economist M. Scott Niederjohn, working together to expand economics education through collaborative programs, publications, and teacher outreach. Together they led OAFEE workshops in the Economics for Heroes, Economics for Opinion Leaders, and Teaching Economics in American History programs. They also developed and led workshops for the Fraser Institute’s Economics for Journalists program for Canadian journalists.

After relocating to Port St. Lucie, Florida, Schug founded the Del Webb Tradition Econ Club, which grew to more than one hundred members and regularly hosted distinguished guest speakers, and he served in several leadership roles on the Church Council of St. Andrew Lutheran Church, including president and vice president. His many contributions were recognized through numerous honors recognizing excellence in leadership, research, curriculum development, and service to the profession. Those who knew Mark remember not only his remarkable scholarship, but also his genuine kindness, quiet humility, generosity toward colleagues, and sincere desire to encourage fellow educators.

Mark Schug’s legacy extends far beyond his impressive record of publications, research, and professional service. He devoted his career to making economics understandable and relevant to teachers, students, and the broader public, and helped shape the teaching of economics in classrooms across the United States. His work influenced fellow researchers, enriched teacher preparation, and inspired generations of educators to help their own students think more carefully about the choices faced by individuals and societies. His enduring legacy lives on not only in the books he wrote and the curriculum he developed, but also in the countless educators and students whose lives were enriched by his lifelong dedication to economic education.

Mark C. Schug: December 23, 1947 – July 13, 2026

 

Footnotes

[1] Mark C. Schug, Curriculum Vita. (Downloaded from Mark Schug Consulting Services on July 14, 2026. Note that the list of publications on his CV was only updated through approximately 2021 so it doesn’t include his most recent textbook and other publications, while other sections on his CV such as his conference presentations had not been updated since 2013—but in reality Mark presented at conferences and conducted workshops up until he died.)

[2] Mark C. Schug, Curriculum Vita; Mark Schug Consulting Services, “About Mark.”

[3] The Senior Economist was a professional publication of the Joint Council on Economic Education, which is now the Council for Economic Education. See Mark C. Schug, ed., The Senior Economist, vol. 1, no. 1 (New York: Joint Council on Economic Education, Fall 1986).

[4] John S. Morton, Mark C. Schug, and Donald R. Wentworth, Economics: Choices and Challenge (McDougal Littell, 1995); William C. Wood, Tawni Hunt Ferrarini, M. Scott Niederjohn, and Mark C. Schug, Economic Episodes in American History, 2nd ed. (Wohl Publishing, 2019); Mark C. Schug, Tawni Hunt Ferrarini, M. Scott Niederjohn, and William C. Wood, Teachers Can Be Financially Fit: Economists’ Advice for Educators (Springer Nature, 2020); M. Scott Niederjohn, Mark C. Schug, Signè Thomas, and William C. Wood, Economic Episodes in Civics and American Government (Wohl Publishing, 2022). See Mark C. Schug’s Curriculum Vita.

[5] Schug’s international presentations included (at a minimum) the countries of England, Scotland, Russia, Latvia, Sweden, and Canada.

[6] Business and Economics Academy of Milwaukee (BEAM), “About BEAM“; Mark C. Schug, “Restart Your Engine: How to Educate an American,” Econlib, January 4, 2021.

[7] Mark C. Schug and Eric A. Hagedorn, “Milwaukee’s Youth Enterprise Academy: An Eight-Year Study of a Model Program for Urban Youth,” The Social Studies 97, no. 2 (March–April 2006); ERIC, “Milwaukee’s Youth Enterprise Academy: An Eight-Year Study of a Model Program for Urban Youth,” EJ744217; M. Scott Niederjohn, “Schug: A Giant of Economics Education Took Lessons Beyond Classrooms to Anyone Willing to Learn,” Badger Institute, July 16, 2026.

[8] Mark C. Schug, Curriculum Vita; Mark Schug Consulting Services, “About Mark”; Mark C. Schug, “Restart Your Engine: How to Educate an American,” Econlib, January 4, 2021; Mark C. Schug and M. Scott Niederjohn, “Teacher Licensure in Wisconsin—Who Is Protected: Parents or the Education Establishment?“ Badger Institute, February 1, 2011; Mike Ford and Mark C. Schug, “How to Correct Our Schools of Ed,” Badger Institute, October 1, 2013.

[9] School Choice Wisconsin, Parent Choice in Wisconsin; Rajashri Chakrabarti, “Can Increasing Private School Participation and Monetary Loss in a Voucher Program Affect Public School Performance? Evidence from Milwaukee,” Journal of Public Economics 92, nos. 5–6 (June 2008): 1371–1393.

[10] Mark Schug Consulting Services, “About Mark.”

[11] Office for the Advancement of Free Enterprise Education (OAFEE), “Mark C. Schug – Senior Program Advisor & Faculty“; Office for the Advancement of Free Enterprise Education (OAFEE).

[12] Fraser Institute, “Economics for Journalists“; William Watson, “My ‘Aha! Moment’ on Minimum Wages…and More,” Fraser Institute, May 11, 2018.

[13] Mark Schug Consulting Services, “About Mark”; Martin Funeral Home & Crematory, “Obituary of Mark C. Schug.”

[14] Mark C. Schug, Curriculum Vita; Mark Schug Consulting Services, “About Mark.”



Source link

Tags: CareereconomiceducationMarkSchugstribute
ShareTweetShare
Previous Post

DEI By Any Other Name is Still Just as Sinister

Next Post

Psychology says the people who never post on social media aren’t anti-social or secretive or behind the times – they’re the ones who quietly noticed that performing their life cost them the ability to act

Related Posts

edit post
DEI By Any Other Name is Still Just as Sinister

DEI By Any Other Name is Still Just as Sinister

by TheAdviserMagazine
July 28, 2026
0

As the New York Times finally begins to question whether progressives went “too far” with diversity, equity, and inclusion (DEI),...

edit post
Social Security and the Vanishing Paycheck

Social Security and the Vanishing Paycheck

by TheAdviserMagazine
July 28, 2026
0

Yves here. This post focuses on another layer of why Social Security funding is so stressed as to lead to...

edit post
The H-1B Visa Scam: Importing Cheap Labor While Americans Are Laid Off

The H-1B Visa Scam: Importing Cheap Labor While Americans Are Laid Off

by TheAdviserMagazine
July 28, 2026
0

The H-1B visa program was sold to the American people as a narrow pathway for importing rare talent that supposedly...

edit post
Market Talk – July 27, 2026

Market Talk – July 27, 2026

by TheAdviserMagazine
July 27, 2026
0

ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 320.04 points or 0.50% to...

edit post
Dem Establishment Resorts to Racial Divide & Conquer in Michigan

Dem Establishment Resorts to Racial Divide & Conquer in Michigan

by TheAdviserMagazine
July 27, 2026
0

Having destroyed Graham Platner’s candidacy in Maine, the AIPAC-funded Democratic establishment has turned its full attentions to Michigan where it...

edit post
The Fed’s Policy of Price Stability Helps Create an Unstable Economy

The Fed’s Policy of Price Stability Helps Create an Unstable Economy

by TheAdviserMagazine
July 27, 2026
0

For most economists, the key to healthy economic fundamentals is price stability. Price stability is an economic condition where the...

Next Post
edit post
Psychology says the people who never post on social media aren’t anti-social or secretive or behind the times – they’re the ones who quietly noticed that performing their life cost them the ability to act

Psychology says the people who never post on social media aren't anti-social or secretive or behind the times - they're the ones who quietly noticed that performing their life cost them the ability to act

edit post
CXMT: China’s chipmakers trigger bloodbath in global tech stocks

CXMT: China’s chipmakers trigger bloodbath in global tech stocks

  • Trending
  • Comments
  • Latest
edit post
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Top Democrats Are Trapped in a Catch 22

Top Democrats Are Trapped in a Catch 22

July 6, 2026
edit post
2 judges suspended in separate cases after being indicted on criminal charges

2 judges suspended in separate cases after being indicted on criminal charges

July 9, 2026
edit post
New Construction Falls to 5-Year Low as Price Floor Nears

New Construction Falls to 5-Year Low as Price Floor Nears

0
edit post
A Tribute to Mark C. Schug’s Career in Economic Education

A Tribute to Mark C. Schug’s Career in Economic Education

0
edit post
Uphold Cuts Staff. The Money Now Goes to Its Bank-Facing Business

Uphold Cuts Staff. The Money Now Goes to Its Bank-Facing Business

0
edit post
Massive construction planned for Ra’anana Metro station

Massive construction planned for Ra’anana Metro station

0
edit post
Japan and Russia resume youth exchanges

Japan and Russia resume youth exchanges

0
edit post
Liquidia Corporation (LQDA) Has 50%+ Upside on Yutrepia Ruling and Buyout Potential

Liquidia Corporation (LQDA) Has 50%+ Upside on Yutrepia Ruling and Buyout Potential

0
edit post
Massive construction planned for Ra’anana Metro station

Massive construction planned for Ra’anana Metro station

July 28, 2026
edit post
Liquidia Corporation (LQDA) Has 50%+ Upside on Yutrepia Ruling and Buyout Potential

Liquidia Corporation (LQDA) Has 50%+ Upside on Yutrepia Ruling and Buyout Potential

July 28, 2026
edit post
Oshkosh Releases Q2 2026 Financial Results

Oshkosh Releases Q2 2026 Financial Results

July 28, 2026
edit post
New Construction Falls to 5-Year Low as Price Floor Nears

New Construction Falls to 5-Year Low as Price Floor Nears

July 28, 2026
edit post
CXMT: China’s chipmakers trigger bloodbath in global tech stocks

CXMT: China’s chipmakers trigger bloodbath in global tech stocks

July 28, 2026
edit post
Psychology says the people who never post on social media aren’t anti-social or secretive or behind the times – they’re the ones who quietly noticed that performing their life cost them the ability to act

Psychology says the people who never post on social media aren’t anti-social or secretive or behind the times – they’re the ones who quietly noticed that performing their life cost them the ability to act

July 28, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Massive construction planned for Ra’anana Metro station
  • Liquidia Corporation (LQDA) Has 50%+ Upside on Yutrepia Ruling and Buyout Potential
  • Oshkosh Releases Q2 2026 Financial Results
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.