Terry Babcock-Lumish

Dr. Terry Babcock-Lumish is an American professor, entrepreneur, and policymaker. She is President and Founder of Islay Consulting LLC, an economic, policy, and political consultancy she founded in 2005.^[1]

Early life

Babcock-Lumish was born in Miami, Florida. Her father, Dr. Robert Lumish, was an infectious disease specialist and Chief of Infectious Diseases at UPMC Mercy Hospital.^[2]

Babcock-Lumish grew up in Pittsburgh, Pennsylvania, and attended Upper St. Clair High School. She received a Bachelor of Science from Carnegie Mellon University. While there, she won a Harry S. Truman Scholarship. She later earned a master's degree in public affairs from Indiana University School of Public and Environmental Affairs and a Doctor of Philosophy from University of Oxford, St. John's College.

Career

From 1999-2001, Babcock-Lumish worked for the United States Government as a fellow in the Presidential Management Fellows Program in the President's Council of Economic Advisers.^[1] Upon leaving the White House in 2001, she served as a researcher for two books by the Honorable Vice President Al Gore and Tipper Gore.^[1]

From 2002-2004, Babcock-Lumish served as an associate fellow and research associate at the Rothermere American Institute.^[3]

In 2005, Babcock-Lumish founded Islay Consulting LLC. Islay provides consulting services to include economic, policy, and political analysis.^[4]

From 2005-2008, Babcock-Lumish served as a senior research associate at Harvard Law School.^[5] From there, she went on to serve as a visiting research associate at the Oxford University Centre for the Environment.^[6]

In January 2011, Babcock-Lumish was appointed as a Distinguished Lecturer and the first Newman Director of Public Policy at the Roosevelt House Public Policy Institute at Hunter College.^[7] In this position, Babcock-Lumish directed the public policy program.

From 2012-2014, Babcock-Lumish served as an assistant professor of economics at the United States Military Academy.^[1]

Awards

Babcock-Lumish was named a Harry S. Truman Scholarship winner in 1996.^[8] She went on to earn the Harry S. Truman Scholarship Foundation's Elmer B. Staats Award, the Foundation's highest honor granted to one Truman Scholar annually.^[8]

Babcock-Lumish served as a Clarendon Scholarship recipient from 2002-2004 while reading her DPhil at Oxford.

In 2007, Babcock-Lumish received the young alumni award from Carnegie Mellon University.^[9]

In 2010, she won the Mexico International Film Festival Silver Palm Award as the consulting producer for the documentary Women on the Edge: The Mexican Immigrant Experience.^[10]

The American Swiss Foundation, the National Committee on US-China Relations' Young Leaders Forum, the Council for the US and Italy, and the British-American Project have all recognized Babcock-Lumish as a young leader.^[11]

Published works

• Trust Network Sclerosis: The Hazard of Trust in Innovation Investment Communities, ('Journal of Financial Transformation, Vol. 29, pp. 163–172'; 2009).]

In this publication, Babcock-Lumish coined the term "trust network sclerosis," describing the phenomenon in which excessive reliance on trustworthiness results in a form of decision-making lock-in.

• Pricing the Economic Landscape: Global Financial Markets and the Communities and Institutions of Risk Management, ('Political Economies of Landscape'; 2008; ISBN 9781402058493).]

Articles

• , West Point and the Culinary Institute of America: An Exchange of Experiences, The New York Times', May 15, 2015
• , My personal pivot to Asia, The Hill', August 22, 2014

Media appearances

Babcock-Lumish appeared on NBC's TODAY Show in 2014 in a segment titled Cadets, chefs break down barriers,^[12]

References