Listen: A Better Place In A Warming World

KERA Originally Posted: September 3, 2019 In the discussions about how to mitigate climate change, two important factors are largely ignored: migration and trade. Southern Methodist University professor Klaus Desmet talks to host Krys Boyd about the importance of strategizing long term solutions for commerce and conservation, which he writes about in The Catalyst. LISTEN

By | 2019-09-04T07:49:45-08:00 September 4th, 2019|Dedman College of Humanities and Sciences, Dedman College Research, Economics, Faculty News|Comments Off on Listen: A Better Place In A Warming World

U.S. and China trade war, and why experts disagree on its impact

Market News Originally Posted: August 7, 2019 The ongoing trade war between the United States and China continues to make an impact on businesses even beyond the two nations’ borders. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are currently meeting with Chinese diplomats in Shanghai to find a resolution. Until an agreement is reached though, businesses and consumers will continue to deal with the uncertainty. “I don’t think there’s much optimism, or I’m pretty sure there is no optimism, that this round of talks is going to get very far,” Southern Methodist University Associate Professor of Economics James Lake said. READ MORE

By | 2019-08-07T14:40:22-08:00 August 12th, 2019|Dedman College of Humanities and Sciences, Dedman College Research, Economics, Faculty News|Comments Off on U.S. and China trade war, and why experts disagree on its impact

What We Can Learn From the Failures of Dallas Business Leaders

D Magazine Originally Posted: August 7, 2019 Let’s start with a few discouraging statistics. The federal Small Business Administration says that about 30 percent of all new businesses fail within their first two years. Fifty percent are gone within the first five, and two-thirds don’t make it past their 10th anniversaries. Those numbers make it plain: Failure is an even more integral aspect of business than is success. Beyond that, a rise in the number of failing businesses is counter-intuitively a sign of a healthy economy. “A huge percentage of startups fail, and we should be happy about that,” says Cullum Clark, an economist at Southern Methodist University. Not for the failure of any one, he adds, but for having a system that provides for [...]

By | 2019-08-07T14:25:09-08:00 August 7th, 2019|Dedman College of Humanities and Sciences, Dedman College Research, Economics, Faculty News|Comments Off on What We Can Learn From the Failures of Dallas Business Leaders

Could a trade war trigger the next recession, and how would that impact Colorado?

Denver Post Originally Posted: June 9, 2019 Ravi Batra, SMU professor of international economics was interviewed for this article. The U.S. economic expansion marks its 10th year this month, matching the 1990s recovery for longevity. But rising tensions caused by trade disputes are raising worries that the expansion could tumble to the ground, taking the decade’s economic gains with it. “If we can’t stabilize trade relations soon, that’s the biggest risk for a recession,” Carl Tannenbaum, chief economist with The Northern Trust Co., said on a recent visit to Denver. Tannenbaum said any weakening of the economy will be much milder than the last time. But a trade-induced slowdown would hit businesses and industries that rely on the global supply chain, including Colorado’s farmers and [...]

By | 2019-06-13T08:45:46-08:00 June 21st, 2019|Dedman College of Humanities and Sciences, Dedman College Research, Economics, Faculty News|Comments Off on Could a trade war trigger the next recession, and how would that impact Colorado?

Wildlife Crime Threatens Species and Fuels Transnational Crime

The Catalyst Originally Posted: June 6, 2019 An Essay by the Bush Institute's J.H. Cullum Clark and Natalie Gonnella-Platts The large-scale worldwide illegal wildlife industry has a staggering impact on Earth’s wildlife. Sustainable solutions to defeat wildlife crime do exist and can succeed in reducing poaching and reviving animal populations. READ MORE

By | 2019-06-13T08:36:37-08:00 June 13th, 2019|Dedman College of Humanities and Sciences, Dedman College Research, Economics, Faculty News|Comments Off on Wildlife Crime Threatens Species and Fuels Transnational Crime

Ravi Batra, Economics, Do tarriffs cause prices to go up? not necessarily

Maritime - Executive Originally Posted: May 28, 2019 BY RAVI BATRA: Ravi Batra is a professor of international economics at Southern Methodist University, Dallas, Texas. He is the author of The Myth of Free Trade. His latest book is End Unemployment Now: How to Eliminate Joblessness, Debt, and Poverty Despite Congress. President Trump recently raised tariffs on $200 billion worth of Chinese exports and threatened to impose import duties on all Chinese goods coming into the United States.  Will American prices rise substantially as a result? This is a loaded question, because contrary to popular belief, tariffs don’t always raise prices. One alarming study from The Trade Partnership, a think tank, estimates that an average American family of four may have to pay an extra $767. [...]

By | 2019-06-04T09:22:28-08:00 June 3rd, 2019|Dedman College of Humanities and Sciences, Dedman College Research, Economics, Faculty News|Comments Off on Ravi Batra, Economics, Do tarriffs cause prices to go up? not necessarily

Why artificial intelligence’s evolution could have outsize impact on D-FW jobs

Dallas Morning News Originally Posted: May 11, 2019 Today's computing power and technological advancements originally spooked technologists and futurists, who preached doom and gloom for the future of the American workforce. The Brookings Institution, in a recent report, paints a more nuanced picture of the stresses artificial intelligence will place on society, and it identifies Dallas-Fort Worth as one of the metro areas with a moderately high risk of overall disruption. Dallas' J.H. Cullum Clark strongly disagrees that artificial intelligence is guaranteed to negatively impact the economy. With a history degree from Yale and a Ph.D. in economics, Clark leads the George W. Bush Institute's work on domestic economic policy. READ MORE

By | 2019-05-13T05:57:37-08:00 May 13th, 2019|Dedman College of Humanities and Sciences, Dedman College Research, Economics, Faculty News|Comments Off on Why artificial intelligence’s evolution could have outsize impact on D-FW jobs

SMU economist wins best paper prize in the Journal of Political Economy

Dedman College News Originally Posted: May 6, 2019 SMU Department of Economics professor, Klaus Desmet's paper analyzes how immigration restrictions affect where people live today, and more importantly, how they shape the global economy of the future. READ MORE

By | 2019-05-05T18:34:45-08:00 May 6th, 2019|Dedman College of Humanities and Sciences, Dedman College Research, Economics, Faculty News|Comments Off on SMU economist wins best paper prize in the Journal of Political Economy

Ph.D. Alumna Elizabeth Wheaton publishes a textbook and receives a teaching prize

Economics at Temple Originally Posted: April 29, 2019 Dr. Elizabeth (Beth) Wheaton, 2006 Ph.D. alumna, currently CEO at Equip the Saints and Economics Senior Lecturer at Southern Methodist University, celebrated two important achievements in this academic year. She had her book Economics of Human Rights published in the Fall and this April she was one of the two recipients of the 2019 SMU ALEC PAT “Pretty Amazing Teacher” Award, which honors professors who encourage their students to get the tutoring and academic training they need, challenges students to become better learners, and works in partnership with the SMU ALEC (Althshuler Learning Enhancement Center). We reached out to her about her textbook and she answered our questions as follows. Q. What is the reason behind creating this book? [...]

By | 2019-05-05T18:30:04-08:00 May 2nd, 2019|Dedman College of Humanities and Sciences, Dedman College Research, Economics, Faculty News|Comments Off on Ph.D. Alumna Elizabeth Wheaton publishes a textbook and receives a teaching prize
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