Economics

From watching the national media discuss the roller-coaster stock market, you'd think that everyone owned stocks. But most Americans have gained nothing from the bull market of the 1990s. Federal Reserve chairman Alan Greenspan himself reminds us that stock market increases have not led "to a rise in the share of stock and mutual-fund assets owned by the bottom 90 percent of the wealth distribution. " When the stock market plummeted a few months ago, the good news was that the sinking tide didn't lower all boats.

The man who was struck and killed by an Amtrak train near the Bryn Mawr station Wednesday night was identified yesterday as John F. Stehle, an assistant professor of economics at Villanova University. Stehle, 43, of Bryn Mawr, was standing on the eastbound tracks about 200 feet from the station when he was struck by the Harrisburg-to- Philadelphia train. He was pronounced dead at Bryn Mawr Hospital. Lower Merion Police Lt. Mike Tansey said police do not know why Stehle was standing on the tracks.

The byline of a Nov. 15 Commentary Page article about cable television regulation was misspelled. The article was written by John F. Stehle, an assistant professor of economics at Villanova University.

Player              School           Class        Major Dan Drazen          Rutgers-Camden Jr.        Economics Brendan Kelly          Villanova          Sr.        Finance Andrew Mason       Temple             Sr.     Real estate Michael Serensits    Drexel             Jr.        Bus. admin. Greg Verde             Cabrini             So.

The Rev. Edward J. Burns, 83, an Augustinian priest and retired professor, administrator and missionary, died of a stroke Tuesday at Paoli Memorial Hospital. He lived at St. Thomas Monastery at Villanova University. Father Burns was born in Torrington, Conn., and graduated from Torrington High School. In 1934, he entered the Augustinian Order of the Province of St. Thomas of Villanova. In 1937, he graduated from Villanova College with a bachelor's degree in philosophy and then went on to study theology at the Augustinian College in Washington.

Athlete                School/Sport       Class   Major Adam Al-Rokh         Temple/Gymnastics    Sr. Kinesiology Zak Andrews         Del. Valley/Wrestling    Jr.    Environ. sci. Mike Bagnoli         Penn/Sprint football     Sr. Economics Andrew Bostick      Haverford/Fencing    Jr.      English Todd Busler            Penn/Sprint football    Jr.    Real estate Brad Driscoll          Sciences/Mixed rifle So. Pharmacy Shawn Fausey         Drexel/Wrestling       Sr.   Education Vidur Kapur            Penn/Fencing          Jr. Economics William Lacasse      Neumann/Hockey    Jr.       Business Patrick McLaughlin   Temple/Gymnastics    Sr. Kinesiology Michael Serensits      Drexel/Golf             Jr.       Business Whit Shaw            Penn/Sprint football    So.   English Brent Tamane         Neumann/Hockey    Jr.    Spt. mgmt.

9 p.m. National Geographic In "Marijuana Nation," correspondent Lisa Ling (right)takes viewers inside the cannabis industry to see how the most widely used illicit drug on the planet is intertwined with culture, economics, law enforcement and, perhaps, medical miracles.

Player            School Class                Major Bryan Arnett       Eastern    Jr.        Theology/youth ministry Mansur Gishkaev Temple    Jr.                    Economics Nikoloz Kurdadze Drexel    Jr.        Business administration Hicham Laalej       Penn       Sr. Systems sci., engineering Filip Rams          Temple    Jr.     Sport, recreation mngt.

Athlete                School          Class          Major Robin England       Rutgers-Camden    Sr.     Economics Victoria Gocht          Temple             So.     Psychology Rebecca Hammond    Swarthmore       So.          Biology Kylie Lipinski          Haverford          Jr. Political science Paige Madison       Penn                Jr.

Irving Bernard Kravis, chairman of economics at the University of Pennsylvania during his department's rise to national prominence, died Friday at Methodist Hospital. He was 75 and lived in Haverford. Mr. Kravis, best known for his pioneering work in international price comparisons, was honored the day after his death as a Distinguished Fellow of the American Economic Association. A memorial service was held for him yesterday. Mr. Kravis was chairman of the economics department at Penn from 1955 to 1958 and from 1962 to 1967, and was associate dean of the Wharton School of Finance and Commerce from 1958 to 1960.