The Other Side of the Coin: The Potential Downsides of AI in the Finance Industry
By Dr. Sidika Gulfem Bayram Artificial intelligence (AI) has ushered in a wave of transformative changes within the finance industry. The advantages of leveraging these cutting-edge technologies, such as ChatGPT, have been extensively discussed in recent publications, heralding a new era of efficiency, automation, and data-driven decision-making. However, in this era of rapid technological advancement,…
Read MoreWhat is the Metaverse?
By: Dr. Elham Mousavidin From the Digital Assets to the Metaverse Would you pay $4,000 for a digital Gucci bag? That is, for a bag that you cannot actually carry, but can only own as an image on a computer? It is hard to believe, but in May 2021 someone actually did that. The digital…
Read MoreBlockchain Technology, Cryptocurrencies, and the Future
By: Dr. Sidika Gulfem Bayram, Associate Professor of Finance Cameron School of Business, University of St. Thomas As a child, I was fascinated with science fiction movies that utilized utopian technologies that were farfetched compared to the realities of our day-to-day lives and limitations. I vividly remember the TV show that used what we now…
Read MoreThe Impact of Inter- and Intra-functional Diversity on Project Teams
By: Dr. Sujin K Horwitz A project team is generally defined as a group of individuals with diverse knowledge, expertise and experience to collaborate on a project which may be temporary or long-standing (Edmondson & Nembhard, 2009). From the definition, one significant element of project teams is the relevance of functional diversity, the extent to…
Read MorePlaying Defense in the Pandemic
By John E. Simms, Ph.D., Ed.D., CMA, CSCA We have heard so many individuals arguing that they have a Constitutional Right not to wear a mask, and the argument has been presented as an issue of individual rights, states’ rights, and even declaring that the Covid-19 vaccine is a means of implanting computer chips into…
Read MoreThe True Meaning of Marketing
By: Dr. John Story The Christmas Season is a great time for retailers, but I often think it is the worst time of the year for marketers. Let’s face it, marketers don’t have the best reputations any time of the year. From stereotypes of used-car salespeople, to annoyingly repetitive commercials, to subliminal messages creating cravings…
Read MoreWe All Need A Lucky Break This Thanksgiving
By: Lynn R. Godwin If there’s a single lesson that life teaches us, it’s that wishing doesn’t make it so. –Lev Grossman Say it ain’t so Lev. Say it ain’t so. Folks need to wish for things. Without wishes, what would marketers do? We need wishes (along with needs and wants) to fulfil. Wishes keep…
Read MoreA Primer on Futures Contracts
Dr. Hassan Shirvani Futures contracts, together with options and swaps, are examples of the derivative securities which are so-called because they derive their values from the performances of other financial assets or commodities. As such, they are essentially side bets, not unlike placing bets in a horse race. Given their wide popularity on Wall Street as highly effective investment and hedging instruments, this post briefly…
Read MoreRestarting the transatlantic relationship in the global economy
By Dr. Beverly Barrett Beverly Barrett, Ph.D. The transatlantic relationship is being renewed, as the world emerges from the pandemic. U.S. President Joe Biden’s discourse on his recent travels to Europe indicate a unique commitment to the relationship with partners Europe. Grounded in in decades of cooperation grown out of the partnership of post-World War…
Read MoreMyth of the Free Markets: A Catholic Perspective
By Dr. Hassan M. Shirvani The importance of economic education in fostering higher levels of social welfare and political stability is widely acknowledged. However, judging by the poor quality of most public economic debates, the level of economic literacy, even in major industrial countries, seems to be still awfully low. This is particularly evidenced by the increasing tendency of many debaters to refute the views of their opponents, not…
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