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After 50 years of analyzing South Dakota’s economy, Brown retires from state council

PIERRE, S.D. (KELO) — Ralph Brown gave one of his final forecasts Thursday to the South Dakota Council of Economic Advisors.

The governor proclaimed May 21 as Dr. Ralph Brown Day. State finance commissioner Liza Clark read the message to the professor emeritus of economics, who spent nearly all of his professional career as a faculty member at the University of South Dakota in Vermillion.

This marks 50 years he’s served in one role or another interacting with state government.

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State Revenue Secretary Jim Terwilliger, a former student at USD, recalled Brown’s “huge part” in his career since Terwilliger began in state government in 2006.

“You helped us through the great recession and worked a lot with us on the (bond) rating agencies,” Terwilliger said.

Said Brown: “Sorry to be leaving in the midst of another crisis, but I’ll be watching from the sidelines.”Brown has served during the administrations of eight different governors, starting with Democrat Dick Kneip in 1971 through Republican Kristi Noem now, and developed the first econometric model for South Dakota in 1976. He’s advised the economic council since its founding in 1991. He’s also been chairman of the South Dakota Investment Council.State economist Mark Quasney said a challenge coin from […]

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