Published in syndication October 21, 2019

Research that Matters

Poverty affects hundreds of millions of people around the globe despite centuries of efforts to alleviate it by myriad individuals, organizations, and programs. A primary issue is the complexity of the problem. A trio of Americans helped to implement and demonstrate a novel approach and have received this year’s Nobel Prize in Economics (or, more formally, The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel) for “their experimental approach to alleviating global poverty.” The recipients are Abhijit Banerjee and Esther Duflo, both professors at the Massachusetts Institute of Technology, and Michael Kremer of Harvard University.

Published in syndication October 14, 2019

Fleeing Films

Moving images are big business. From movies to television series to next-generation extended reality to video games and beyond, these media generate billions in investments annually. For a state to serve as a location can lead to a huge influx of funds, and enhancing needed infrastructure and supplier and talent networks can generate a notable sustained presence.

Published on October 10, 2019

Global Impact Services

The Perryman Group has had a global presence for four decades, successfully pursuing major initiatives on five continents. The firm has worked with most of the largest companies in the world, as well as scores of governmental entities. TPG has been involved in international trade agreements, infrastructure investments, regulatory matters, and similar major initiatives.

Released on October 09, 2019

The Market for Prosperity

In the contemporary world of instant global communication, immediate information exchange, and multiple modes of rapid transportation, the process of choosing sites for new or expanded activity has become increasingly complex and sophisticated. Although some of the basic premises have remained unchanged since the earliest civilizations, the evolving nature of the economy is transforming the process of economic development.

Published in syndication October 07, 2019

Staying Put

The number of people moving to Texas from other states is slowing markedly. The primary reason is that the national economy has become stronger over the past few years and most areas are at or near full employment, diminishing the comparative advantage and some of the rush to the Lone Star State. Given the current relatively low Texas unemployment rate, this could create greater workforce challenges.

Broadcast via Texas State Networks on October 02, 2019

Why is it important to allow US corporations to invest in China?

The White House appears to be walking back a policy that would limit investment of US corporations in China. Dr. Perryman says that would be the proper move.

Broadcast via Texas State Networks on October 01, 2019

What could be behind the highest-ever level of income inequality in the US?

The latest Census report on income inequality shows the US has the highest level since they began keeping this measure a half century ago.

Published in syndication September 30, 2019

Resilience

Earlier this month, oil facilities in Saudi Arabia were attacked, knocking a large portion of production (about 5% of the world’s daily supply) offline. However, rather than a market-roiling, global crisis, the result was a modest increase in oil prices. A decade or so ago, the scenario would have been totally different and, back in 1973, a smaller reduction precipitated an eight-year “energy crisis,” complete with gasoline lines, oil export bans, 55-mile-per-hour speed limits, turning our thermostats down, and daylight savings time. The reason? The recent revolution in US oil production and, in particular, the surge now going on in the Permian Basin, where about two-thirds of incremental domestic output is occurring.

Broadcast via Texas State Networks on September 30, 2019

How does Texas rank in the number of international home buyers?

Texas ranks third in the number of international home buyers nationwide. Dr. Perryman says we only trail California and Florida.

Broadcast via Texas State Networks on September 27, 2019

What has the city of Midland done to adapt to economic growth?

Looking for a model of how a community adapts to growth in a state that is fast growing? Dr. Perryman says look no further than Midland.