Business videos
What will fuel the recovery? The key issue is not whether the official recession is over, argues economics professor Steve Fazzari, but whether the economy can generate the growth necessary to put many of the unemployed back to work again. "In the deep downturns of the 1970's and early 80's, strong consumer spending growth led to strong recoveries. Unfortunately, I just don't see it happening this time." Fazzari's research on the consumer spending binge that fueled economic growth for nearly two decades predicted the great risk for financial collapse that contributed to the Great Recession. The question now: What will drive the economic recovery this time? Play >
2009/11/23
Auto industry needs careful navigation on the road to recovery U.S. auto sales in October equaled an annualized rate of 10 million vehicles. That's a steep drop from the 17 million cars sold each year from 1991-2007. Not even a robust recovery from the recession is expected to boost sales near previous highs. Bailouts, bankruptcies and cash for clunkers have helped keep the industry afloat this year. Yet, the reality of too many factories and workers remains as demand continues to dip. Olin Business School professor and supply chain expert Panos Kouvelis says auto makers need to keep the brakes on production and proceed with caution. Play >
2009/11/05
Research, teaching and learning are a virtuous cycle for finance professor Todd Milbourn, Ph.D., is a finance professor at the Olin Business School. A 10 year veteran of the faculty, Milbourn coordinates the finance department and teaches at every level of the program, from undergraduate to Executive MBA's, in St. Louis and Shanghai. Get to know Todd Milbourn in this profile. Play >
2009/10/22
Douglass C. North welcomes two new economic pioneers to the Nobel Prize winner's circle Douglass North, 1993 recipient of the Nobel prize in economics, was surprised and pleased at the announcement of this year's winners. Like North, 2009's laureates, Elinor Ostrom and Oliver Williamson, have pursued a non-traditional study of economics through the study of institutions. As one of the founders of the New Institutional Economics, North comments on the pioneering work of this year's Nobel prize winners and the importance of a multi-discipline approach to economics. Play >
2009/10/21
New web site puts you in touch with politics A new web site (civicscience.com) allows users to view and vote on a variety of issues to become more in tune with current political happenings. The site also allows people to compare themselves with politicians to help make more informed voting decisions. Play >
2009/04/21
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