Several Republican presidential candidates have endorsed — or said they'd consider — putting America back on the gold standard. Sen. Ted Cruz has been the most outspoken, arguing that pegging the dollar to gold would make monetary decisions less arbitrary than the ones currently made by the Fed. Professional economists, however, overwhelmingly reject the idea that the dollar should be tied to the price of gold.
The stock market has already fallen 9 percent in the new year, but worries about a full-blown economic crisis are alarmist, a Smith School expert argues.
The Dingman Center for Entrepreneurship at the University of Maryland’s Robert H. Smith School of Business is kicking off 2016 with a new strategic initiative. Historically, the center has focused primarily on traditional entrepreneurship but recently has recognized the desire among its student populations to pursue social ventures. To execute social entrepreneurship programming, the center has welcomed Sara Herald as associate director for social entrepreneurship.
Multinational American companies with significant operations in countries with low corporate taxes take on less debt than companies that face higher taxes, according to a new study from the Smith School. A link between higher corporate taxes and debt levels is predicted by economic theory, but some recent studies have failed to find such a connection. In this new study, however, the authors assume U.S. companies will
How do government bailouts of bankrupt companies affect the average citizen? What effect will a raise in interest rates have on children in America? Many college students are interested in going beyond the classroom to better understand the intersection of business and society.