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U.of I. experts say overhaul proposals could worsen credit crisis

CHAMPAIGN, Ill. – The Bush administration’s sweeping plan to overhaul the nation’s financial regulatory system could compound the credit crisis it seeks to cure, two University of Illinois finance professors say. Stephen D’Arcy says regulators should let the crisis play out, learning from the lessons it provides, rather than overreacting and implementing changes that could […]

Business

U. of I. to host international marketing symposium

CHAMPAIGN, Ill. – Five pioneers will be honored for their contributions to the field of marketing during an international symposium April 17-19 at the University of Illinois. The Paul D. Converse Symposium is held every four years, presenting achievement awards that constitute a “Marketing Hall of Fame,” according to Fortune magazine. The U. of I. […]

Business

New online textbooks target students raised in the computer age

CHAMPAIGN, Ill. -Textbooks have helped turn out job-ready graduates for years, but might not be the best way to connect with a new generation of tech-savvy students who carry laptop computers to class instead of pen and paper, a University of Illinois law professor says. Michael Murray is co-writing three new law textbooks that blend […]

Business

Gloomy reports on Social Security rooted in myth, U. of I. expert says

CHAMPAIGN, Ill. – Don’t trust the glum reports that sprout like cherry blossoms in Washington every spring, forecasting the seemingly inevitable demise of Social Security’s trust fund, a University of Illinois law professor says. Truth is, the federal retirement program has no trust fund, and there are no artificial limits on what the government can […]

Business

Obama campaign will change election strategy, U. of I. political expert says

CHAMPAIGN, Ill. – The 2008 election will carve a spot in history, whether a yet-to-be-settled Democratic primary yields the first woman presidential nominee or the first African-American. But a University of Illinois professor predicts the tradition-busting race will also leave another legacy, cementing the social networking power of the Internet into the pavement of future […]

Business

U. of I. recognized as CFA Program Partner institution

CHAMPAIGN, Ill. – The University of Illinois Master of Science in Finance Program has been named a CFA Program Partner, joining 54 other degree programs worldwide that meet the prestigious financial institute’s professional and ethical standards. The designation signals that the 50-year-old degree program on the Urbana campus is closely tied to professional practice and […]

Business

Medicaid is choking demand for private insurance, study indicates

CHAMPAIGN, Ill. – The nation’s flawed-but-free Medicaid program discourages most Americans from buying long-term health insurance that could provide better care and spare their life savings, a new study co-written by a University of Illinois professor says. Finance professor Jeffrey R. Brown says the study is the first to demonstrate how Medicaid stifles demand for […]

Expert viewpoints Madhu Khanna is a professor of agricultural and consumer economics at Illinois.

As more corn is used for ethanol, how will we make up for lost food production?

Media reports on two studies published in the journal Science in February indicated that biofuels being produced today could actually contribute to an increase – rather than a decrease – in global greenhouse-gas emissions. Other experts are concerned about long-range social and economic consequences that may result when farmers shift from production of crops for […]

Business

Ordinary heroes abound, expansive study of U.S. rescues shows

CHAMPAIGN, Ill. – America’s heroes aren’t just in combat fatigues, fire trucks or Hollywood scripts, according to a study by a University of Illinois professor. “The country is full of ordinary heroes,” law professor David Hyman says. “This study shows that regular, everyday people routinely do just amazing things.” Hyman spent more than four years […]

Business

Chains that train new store owners help keep franchises afloat, study says

CHAMPAIGN, Ill. – Fast-food restaurants and other chain outlets are less likely to fail when super-sized training programs prepare fledgling owners for the challenges ahead, according to a new study co-written by a University of Illinois business professor. Advance, in-depth training on everything from bookkeeping to dealing with customers and suppliers is a key to […]

Business

Psst, Boss: Co-workers most powerful influence in organizational change

CHAMPAIGN, Ill. – The seeds of workplace change may come from the top, but take root from the bottom up, according to a new study co-written by a University of Illinois business professor. The findings show co-workers create a local culture that wields powerful influence over their colleagues when organizations try to break from tradition […]

Business

Expert: Hold on executions could continue after Supreme Court rules

CHAMPAIGN, Ill. – A historic capital punishment case pending before the U.S. Supreme Court could extend a de facto moratorium that has already halted executions for more than five months, a University of Illinois death penalty expert says. A hold on executions that started soon after the court agreed to hear the case last fall […]

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