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Economics News

USC Dornsife alumna Dawn Powell spent her Fulbright year investigating Sino-Brazilian economic relations in Brazil. Powell enjoys the sunset on Sugar Loaf mountain after a day of interviews in Rio de Janeiro. Photo courtesy of Dawn Powell.

Brazil Should Welcome Chinese Investors, USC Dornsife Fulbright Fellow Says

December 1, 2011

On a humid August day in Rio de Janeiro, USC Dornsife alumna Dawn Powell boarded an un-air-conditioned bus bound for Luís Eduardo Magalhães, an agribusiness town in western Bahia. An hour into the trip, the…

Decisions, Decisions

Decisions, Decisions

November 1, 2011

Everything in life requires making decisions. Even deciding when — or if — to get out of bed. “Or choosing what to wear,” said Wendy Wood, Provost Professor of Psychology and Business. “How much…

USC Dornsife's Giorgio Coricelli measured activity in the brain associated with rewards and social reasoning.

Peer Pressure? It's Hardwired Into Our Brains

September 8, 2011

The rewards outweigh the risks — when you’re in a group, anyway. A new USC study explains why people take stupid chances, when all of their friends are watching, that they would never take by themselves. …

David Bach (B.A., social sciences and communication, '90) is founder of Finishrich Media in New York City. Photo by Phil Channing.

America's Money Advocate

August 26, 2011

David Bach lets the HARPO Studio’s greenroom door close behind him and waits backstage for his final cue. The top button of his blue oxford shirt open and classic black suit perfectly tailored, he’s ready. This is…

Lt. Col. Russell Todd Zink left his wife, two sons and job as deputy district attorney at the Los Angeles County District Attorney’s Office to lead more than 800 Marines and Navy corpsmen during a seven-month deployment in Afghanistan. Here, the Lone Star Battalion trains in Camp Pendleton, Calif. Photo courtesy of Russell Todd Zink.

Semper Fidelis (Always Faithful)

March 18, 2011

In a rural, poppy field-filled area outside Lashkar Gah, Afghanistan, Lt. Col. Russell Todd Zink sat with village elders under a tent in the hot desert sand.  It was his first shura — a consultation meeting —…

A new paper by USC College professor of economics Richard Easterlin, published in the Proceedings of the National Academy of Sciences, found that over the long term, a sense of well-being within a country does not go up with income. Photo credit Phil Channing.

Over Long Haul, Money Doesn't Buy Happiness

December 15, 2010

A new collaborative paper by economist and University Professor Richard Easterlin — namesake of the Easterlin Paradox and founder of the field of happiness studies — offers the broadest range of evidence to date…

Patrick “P.J.” Atchison. Photo by Phil Channing.

Building Dreams

November 1, 2010

Patrick "P.J." Atchison Major: Economics Activities: President, Garces Memorial High School Democrats Club; Co-founder, Pencils for Africa community collection; Participant, Bakersfield Teen City Government; Senior…

Candid on Credit

Candid on Credit

August 4, 2009

Kelly McNamara Corley '82 is a problem solver. She believes barriers — legal, cultural, financial — can be overcome with persistence, discipline, fearlessness and humility. And she is exactly the type of leader the…

Simon Wilkie, professor and chair of economics in USC College, has a plan to eliminate toxic assets and help set our country back on track. Photo credit Carlos Puma.

For Sale: Toxic Assets

July 14, 2009

From economists and politicians to our next-door neighbors, everyone seems to have a theory about what has driven our soaring economy into the ground. Solutions to the problem, however, seem harder to find than a loan on a…

Keep the Dream Alive

Keep the Dream Alive

July 8, 2009

Jason Thomas certainly has a knack for crunching numbers. An alumnus of USC College, he graduated with both a bachelor’s and master’s degree in economics in four years. He went on to earn his doctorate in political…