Monday, April 12, 2021

Finance Scholar to Lead College of Business and Economics | CSUF News

After a national search, Sridhar Sundaram will join Cal State Fullerton as the next dean of the College of Business and Economics, effective July 15.

Sundaram is currently the Tiedemann-Cotton dean of the Kate Tiedemann School of Business and Finance, and campus dean for the Muma College of Business, both at the University of South Florida. 

He began his 31 years in higher education as a faculty member in finance, but quickly took on administrative roles, moving from department chair to academic director, associate dean and ultimately, dean. Along the way, Sundaram has been recognized for outstanding teaching, service and research. 

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Publisher: CSUF News
Date: 2021-04-12T16:00:00 00:00
Twitter: @csuf
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The 'Ever Given' Mocks A Fallacy-Riddled Economics Profession

By now most readers are familiar with the particulars of the Ever Given, the massive container ship that can carry somewhere in the range of 24,000 containers. When it recently found itself stuck in the Suez Canal, the impact was global. And it wasn't just that this one ship was suddenly delayed in moving voluminous goods to their final destination.

Despite the Ever Given's size, that was a small part of a much larger story. Figure that the Suez Canal is the waterway that other massive container ships not the Ever Given pass through all day, every day. News accounts estimate that Egypt's government lost more than $90 million in pass-through fees while the Canal was blocked.

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Publisher: Forbes
Date: 2021-04-11
Author: John Tamny
Twitter: @forbes
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Column: The economics of women's sports are not a reason to not support them - Land-Grant Holy

Despite the swift and prominent backlash, there were still those poor souls in all the comments who didn't seem to think there was anything wrong with how the NCAA allocated its resources. Much of the commentary in defense of the NCAA centered on the perception that women's sports don't bring in revenue (they do), and therefore the NCAA was right in providing those teams with more limited resources given the economic return.

The obvious response, which many on social media gave to these archaic comments, was that perhaps it was the lack of investment in the first place which led to the reduced revenue - essentially a chicken and egg type of scenario. The planning committee for the men's tournament, for instance, had twice the budget of the women's, and significantly more personnel involved in planning.

Publisher: Land-Grant Holy Land
Date: 2021-04-12T12:01:00-04:00
Author: Meredith Hein
Twitter: @Landgrant33
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Plano Mayor Candidate Lydia Ortega Discusses Candidacy, Economics Background - Local Profile

Early voting for the May 1, 2021, election starts April 19, so it's crucial to understand the candidates on the ballot, especially those running for Plano mayor. After Mayor Harry LaRosiliere leaves office in May, one of three candidates will take his spot.

One of those candidates is Lydia Ortega. Ortega is "a Christian, an American by birth and a Texan by choice," according to her campaign website . She was born and raised in a rough neighborhood in East Los Angeles to working-class parents who struggled to pay the bills.

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Publisher: Local Profile
Date: 2021-04-12T09:00:00 00:00
Twitter: @localprofile_cc
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Bloomberg - Are you a robot?
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Next few months to be critical for India: Oxford Economics

According to official data, the Indian economy contracted 8 per cent in 2020-21 while the Economic Survey 2020-21 sees 11 per cent growth in 2021-22.

Publisher: mint
Date: 2021-04-12T15:09:44 05:30
Twitter: @mint
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Fishawack buys health economics consultancy PRMA -

UK comms agency Fishawack Health has acquired the health economics outcomes research (HEOR) consultancy PRMA Consulting.

PRMA has offices across Europe, Asia and the US and adds expertise in Asia-Pacific and European markets to the company's market access offering in North America.

The company said that the acquisition will allow it to offer a HEOR consultancy service that spans the globe.

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Useful Economics—The Business Insights Not Being Taught In Colleges

People in most occupations should understand a few basic facts of macroeconomics and microeconomics, which they will then see in operation over the decades of their careers.

Macroeconomics looks at the causes of recessions, booms and inflation, but this is a good time for students to catch up on their sleep. (And I am writing as one who does a lot of macro.) Economists have a very poor track record of predicting recessions, though we've gotten a couple of them right. For example, we predicted the 1980 recession, though we said it would be mild. It turned out to be very severe, but at least we called the recession.

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Publisher: Forbes
Date: 2021-04-09
Author: Bill Conerly
Twitter: @forbes
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Opinion: Certifying Failed Measure C Is Politically Wrong — and Bad Economics - Times of San Diego

First, the politics: The council recently voted to overturn a legitimate election result, similar to what Donald Trump has been trying to do. It wants a Trumpian recalculation. The defeat —and it was a defeat — of Measure C to authorize a special tax to expand the San Diego Convention Center did not meet the then-required threshold of a two-thirds affirmative vote to pass.

But, in an effort to overturn that result (as required by law and twice enumerated in the official ballot language), the council decided not to certify the result, and instead directed the City Attorney, Mara Elliott, to be complicit.

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Publisher: Times of San Diego
Date: 2021-04-12T05:15:00 00:00
Twitter: @TimesofSanDiego
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The End of Trickle-Down Economics - Progressive.org

As President Joe Biden gears up to sell his new infrastructure plan , Democrats are finally calling out Republican hypocrisy on government spending. The GOP, they note, supported Trump's 2017 tax cuts — which greatly expanded the national debt — but now refuse to back his stimulus bills.

The American Rescue Plan has shown what's possible when we're not afraid to go big: we can invest billions in Indigenous communities, create affordable health care and reduce child poverty.

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Publisher: Progressive.org
Date: 2021-04-12T14:00:53.531997
Author: Bryan Bennett
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