A trans-disciplinary researcher with an interest in service-sector consumer behavior, Babu George, Ph.D., has joined the Alaska Pacific University faculty in the Business Administration Department. George, who arrived from his native India in January, earned his doctorate in management studies, marketing and tourism in YEAR from WHERE. He teaches courses in X, Y and Z…
Master of Business Administration
A Tale of 3 Continents
I’ve just spent a week in Europe and it got me thinking of the similar, but different, economic troubles facing the major world economies. Europeans seem concerned but not frantic (no, I did not speak to all Europeans, so I am just sharing my unscientific observations). They seemed surprised at my statements that Europe’s problems…
Market Volatility and the Flight to Quality
When fear grips investors and money flows out of the stock market, it flows into the Treasury Bond market in a flight to quality. The result is higher prices for Treasury debt and therefore lower interest rates. If investors are anticipating higher interest rates in the near future, investments will be in Treasury Bills and…
From Tim Geithner: What the world must do to boost growth
The US Treasury Secretary suggests that the world must do three things to boost growth: 1. US should act to strengthen growth and employment 2. Europe must work on putting confidence back into its financial system 3. Emerging economies must continue to stimulate domestic demand and allow the exchange rate to float For the full…
DJIA or Fear Index?
Dow Jones Industrial average is jittery. So what does this mean? The media would tell you that the markets are jittery because S&P downgraded T bills and that a double-dip recession is around the corner. Stock prices are indicative of two things: underlying value of companies in the long run, and investor confidence in the…
The Debt Ceiling – beyond the media hysteria
The media loves politics, especially presidential election politics, so the frenzy about the debt ceiling is not surprising. But, beyond the politics (which I do not claim to understand better than anybody else), what are the real economic issues associated with failing to raise the debt ceiling? Is this really a crisis? A few observations…
