- 2021 Pepperdine Private Capital Markets Report is now available
I am pleased to announce that the 2021 Pepperdine Private Capital Markets Report is now available. It is available at http://privatecap.org/reports. - Is Free Trade Always a Good Thing?
Being a finance professor and a firm believer in free market capitalism, my thoughts in this article regarding the drawbacks of free trade may upset some of my academic colleagues. This is because there is a very widely held belief among economists that free trade is… Read More » - No, Natural Disasters Do NOT Help Economic Growth
Every time there is a large natural disaster, inevitably someone in politics or the media will say something like, “Well, the upside of this disaster is that the rebuilding efforts will spur economic activity and help the economy.” This is absurd and patently false. Anyone with… Read More » - Why Businesses Aren’t Hiring
September 8, 2011 The continued high levels of unemployment have sparked a growing amount of criticism of corporate America. The argument goes something like this: “In these days of record high corporate profits and stock market performance, it is irresponsible for companies to sit on the… Read More »