Joseph P. Bailey

Joseph P. Bailey's research and teaching interests span issues in telecommunications, economics, and public policy with an emphasis on the economics of the Internet. This area includes an identification of the existing public policies, technologies, and market opportunities that promote the benefits of interoperability. Bailey is currently studying issues related to the economics of electronic commerce and how the Internet changes competition and supply chain management.

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Maryland Smith Welcomes UMD President Pines

Darryll J. Pines officially takes the helm of the state of Maryland’s flagship university on Wednesday, July 1, 2020, becoming the 34th president of the University of Maryland, College Park, and continuing a career of leadership and excellence.

At the Robert H. Smith School of Business, his appointment to the university’s top job, back in February 2020, was met with cheers. Understandably – Pines previously served as dean of the A. James Clark School of Engineering, and the Smith School and the Clark School have a long, strong history of partnership.

Will You Friend Facebook's Cryptocurrency?

SMITH BRAIN TRUST – Who will “friend” the new Facebook cryptocurrency? Maryland Smith experts weighed in, after the social media giant’s announcement that it would launch a new blockchain-based payment service, called Libra.

They questioned the timing of the decision, forecast how Facebook might change the cryptocurrency marketplace with the strength of its 2.4 billion monthly active users worldwide, and explored what the move means for traditional banks.

The Future of Cash

SMITH BRAIN TRUST – How much physical cash do you have on you right now?

It’s likely substantially less than you might have carried just a few years ago. And it’s likely that the greenbacks you have on you right now will remain with you awhile longer than they would have just a few years ago.

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