������ý

8/1/24

The Hill         

“The Unintended Consequences of Trump’s ‘No Tax on Tips’ Plan” 

Mike Davis, senior lecturer of business strategy and economics, analyzes the economic impact of “No Tax on Tips” as proposed by president-elect Donald Trump. In an opinion piece, Davis writes that every tax cut proposed in the real world involves tradeoffs and unintended consequences. 

“If we cut taxes on tips, we will get more tips,” he said. “Both service workers and their employers will try and do everything possible to move compensation away from taxable wages and into untaxable tips.” 

9/18/24

KTVT-TV, CBS 11

“North Texans React to Fed Interest Rate Cut”       

Michael Cox, executive in residence at the Bridwell Institute for Economic Freedom, weighs in on the Federal Reserve Bank’s decision to lower interest rates by half a point, easing monetary policy for the first time in four years. Although some view it as encouraging economic news, Cox—former chief economist of the Dallas Fed—is skeptical. 

“You have to be worried about one thing: keeping [inflation] down,” Cox said. “The opposite of keeping inflation away is to cut interest rates. I want a Fed that does the right thing ... to be tough on inflation, and that’s good for growth in the long run.”  

9/30/24

WFAA-TV, ABC affiliate

“Plans for a New National Stock Exchange Based in Dallas, TX”

Don Shelly, professor of practice in finance, sees plans for creating the Texas Stock Exchange as viable. As envisioned by the governor and other state leaders, Dallas would become a new hub for capital markets in the United States.  “I think it is going to be interesting to see how many companies decide to at least co-list on the exchange, and I suspect there will be a lot of them,” Shelly said. “I think there is a lot of momentum.”   

9/30/24 & 10/31/24

Dallas Business Journal

“Forging the Future of Business Education”     

Dean Matthew Myers and Associate Dean of B.B.A. Programs Jim Bryan bust myths and offer insights into the parallel trajectory of Dallas and ������ý Cox in a podcast partnership between the Cox School and the Dallas Business Journal.

“They come to Dallas, and they realize that we really are a very cosmopolitan city,” Bryan said. “There’s a real excitement about the future of Texas and Dallas,” Myers said. “We at ������ý Cox are extraordinarily excited to be a part of that.”

A separate edition of the podcast highlighted the growth and diversification of area industries. Associate Dean of Graduate Programs and Executive Education Shane Goodwin said, “We want to make sure we’re building resiliency into [students’] skill sets today to help propel them into that C-Suite or leadership position.”

9/30/24

Bloomberg Businessweek

“The Presidential Election Isn’t Stopping International Students from Coming to America” 

Shelly Heinrich, senior assistant dean of graduate admissions and career management, concurs with the findings of a newly released Graduate Management Admission Council survey of prospective foreign student graduate business school applicants. Almost three-quarters of respondents say the outcome of the presidential election will have no bearing on their decision to apply to business schools in the United States. 

“If they harbor doubts about the political environment, they’ve always kept them to themselves in conversations,” she said. "They more want to know about the economy and the job market. It’s what job they’re going to get in two years.” 

10/3/24

Houston Chronicle

“Panic Buying Is Everywhere Due to Ongoing Port Strike” 

Venky Shankar, Harold M. Brierley Endowed Professor, warns that panic-buying brought on by the dockworkers’ strike on the East and Gulf coasts is unnecessary. Before a tentative deal was announced on the third day of the strike, some consumers were already in panic mode, stocking up on products such as toilet paper. “They don’t have to panic and stock up unreasonably on items, which will exacerbate the issue,” he said.