McCombs TODAY

McCombs Finance Professor Lew Spellman recently presented a talk on the latest developments in U.S. economic policy. The entire series can be viewed at lewspellman.com. In the clip below, Spellman discusses the cognitive dissonance associated with rising unemployment figures along with statistics showing that the recession is over.

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Internet gains vs. Wall Street Innovations
The Hindu, Sept. 9, 2009
Prabhudev Konana is the William H. Seay Centennial Professor and Distinguished Teaching Professor at the McCombs School of Business at The University of Texas at Austin.
There are contrasting value systems at play in the universally beneficial development of the world wide web and the skewed financial [...]

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FInd MBA Blog, July 11, 2009
“In my view, the financial downturn has actually made teaching finance a little easier,” said Greg Hallman, McCombs finance lecturer. “At its core, finance is the study of risk and return. The past couple of years in the market have given students a perfect illustration of risk and the downside [...]

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KUT-Radio, July 7, 2009
Americans are nervous about their economic future, and one of the ways they demonstrate this anxiety is by saving more. Currently we are saving about seven percent of our income - a much higher rate than when the economy is good. Unfortunately, when people don’t spend, it can slow down economic recovery, as well [...]

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Professor of Finance Lewis Spellman presents a four-part lecture series on the economy, titled “The Economy and Financial Markets: Yesterday, Today and Tomorrow.”
Each lecture is 7:30-9 p.m. at the AT&T Executive Conference Center on the UT Campus, and is open to the public. (Note: An earlier version of this post incorrectly listed the time of [...]

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This past week the media has been full of stories about the swine flu outbreak. What might be the impact for the macroeconomy? McCombs economist Michael Brandl explains.

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McCombs Dean Tom Gilligan shared his thoughts on the economic meltdown earlier this month at the Men’s Breakfast Club at the Lakeway Activity Center. The Lake Travis View reported on the talk.
“In a very significant way, today’s financial crisis is directly connected to the enormous savings of countries in Asia and the Middle East during [...]

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On Friday, Congress passed a $787 billion economic stimulus bill. How would you have voted? Answer “Yea” or “Nay” in our poll, and then share your reasons in the comments section.

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Originally posted on the MBA Alumni Network blog.
By Jim Nolen, Distinguished Senior Lecturer, Department of Finance
Well, I told you recent grads that you would look back at your MBA experience one day and say “OMG, Professor Spellman was right. His forecast of economic collapse really happened.” While Enron and the subsequent SOX legislation gave accounting [...]

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Austin Business Journal
November 7, 2008
Paul Damien is a professor in the Department of Information, Risk, and Operations Management.
The current situation looks bleak with some banks not lending to their customers or even to other banks. Businesses are having more difficulty in placing commercial paper. Monetary policy seems to be nearly exhausted.

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