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Economics News

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…

True Colors in the Autumn Years

True Colors in the Autumn Years

July 7, 2009

The cadre of USC alumni who had earned their bachelor's degrees at least 50 years earlier met for the first time the morning of June 11, 1949. Clarence W. Pierce, 1898 alumnus and founder of Los Angeles Pierce College,…

Daniel Seddiqui ’05 has embarked on an unusual career path — working 50 jobs, each for one week, in 50 states. Illustration by Molly Sullivan.

50 Jobs, 50 States, 50 Weeks

July 1, 2009

Did you know that the moment a raindrop hits surface water, the chemistry of the surface water changes? Or that hosting a rodeo is so pricey, just the dirt can set you back $8,000? When farmers converse, did you know they're…