Cox In the News: October 31 – November 6, 2011
Abstract:
Highlights from Cox in The News. This week features Mike Davis, David Lei, and Bud Weinstein.“Wealth and resentment” (11/1/2011)
Dallas Morning News
WASHINGTON — Income inequality is increasing in America. The rich are getting richer, the poor are falling behind. Income inequality in Dallas, for example, is now the eighth highest for any city in America, according to a recent Census Bureau report. Household incomes in Dallas, measured by a formula called the Gini Index, are less equal than in Mexico.
Is that a problem?
Not necessarily, said Mike Davis, a senior lecturer at the Cox School of Business at Southern Methodist University...
Link: http://tiny.cc/DMN-Landers-Davis
“Fossil Invades the Web and Claims New Territory” (11/4/2011)
SMU Daily Mustang
“David Lei, a professor in the Cox School of Business, suggested cost for most U.S. companies have been on the rise regardless of inflation because of rising energy costs, rising commodity prices, and temporary shortages of semiconductors used to power Fossil watches. Fossil has experienced unexpected production delays and cost since Japan’s devastating earthquake led to factory meltdowns and global shortages in various technologies.”
Link: http://tiny.cc/DailyCampus-Fossil-Lei
“Sunday Dialogue: Incentives on Energy” (11/5/2011)
The New York Times
SMU economist Bud Weinstein wrote a letter to the editor arguing that large subsidies for renewable energy are not justified.