Dr. Dale Funderburk

Texastribune.org
Texastribune.org

Texas A&M University-Commerce economics professor Dr. Dale Funderburk reflects on the prediction of Texas economist Dr.

Wayne Silver Flickr Creative Commons
Wayne Silver Flickr Creative Commons

Texas A&M University-Commerce economics professor Dr. Dale Funderburk says the stock market plunge last week is not only tied to a slowdown in China's economy, but a worldwide economic slowdown.  He says that's also bringing down demand for oil, which is causing further declines in oil prices.  Dale says he's optimistic about the long-term prospects for stocks, but we may continue to see trouble in the short term.

calsidyrose, flickr
calsidyrose, flickr

Texas A&M University-Commerce economics professor Dr. Dale Funderburk reflects on recent comments by the former head of the Federal Reserve Bank of Texas Richard Fisher that the Texas economy is still very strong, despite the downturn in fortunes for the oil and gas industry.  But the economy is not nearly as good for those in rural Texas.  And Dr.

Texastribune.org
Texastribune.org

Texas A&M University-Commerce economics professor Dr. Dale Funderburk says the Texas economy remains robust despite a big drop in oil prices, although about 27,000 energy jobs have been dropped.  And Dale discusses the appointment of a new president of the Dallas Federal Reserve  branch, Robert Kaplan.

fxtimes.com
fxtimes.com

Texas A&M University-Commerce professor of economics Dr. Dale Funderburk says when the president of the Dallas branch of the Federal Reserve, Richard Fisher, retired recently, he defended the Fed against calls for it to be audited, but he criticized the Fed for being dominated by the New York branch and for being too timid in raising interest rates.

Texas A&M University-Commerce economics professor Dr. Dale Funderburk says the several rounds of quantitative easing (increasing the money supply) by the Federal Reserve have not had the expected effect on the economy, resulting in the stock market doing well but the jobs market remaining weak.

Texas A&M University-Commerce

Texas A&M University-Commerce economics professor Dr. Dale Funderburk says, while drivers are happy that gasoline is under $3 per gallon, if oil prices continue to fall it could have a bad effect on the energy-driven Texas economy.

Texas A&M University-Commerce

Texas A&M University-Commerce economics professor Dr. Dale Funderburk says another dip in consumer confidence is holding back the economic recovery. 

And Dale discusses a recent article in which the low cost of housing is given credit for much of the relatively good economy in Texas.

Texas A&M University-Commerce

Texas A&M University-Commerce economics professor Dr. Dale Funderburk says, in most respects, the Texas economy is the envy of the nation, as expressed in a recent Dallas Morning News article, but a  Texas Tribune article expresses concerns over worker-safety regulations in the state.

Texas A&M University-Commerce

Texas A&M University-Commerce economics professor Dr. Dale Funderburk says Adam Smith, the great advocate of free markets, and John Maynard Keynes, the father of "Keynesian economics," in which government manages the economy, still dominate economic debate today.  Both celebrated June 5 as their birthday.

Texas A&M University-Commerce

Texas A&M University-Commerce economics professor Dr. Dale Funderburk says, while Texas' central geography played a role, the state's business climate had more to do with the move of Toyota's California headquarters to Plano, bringing 4,000 high-paying jobs.

NPR

Texas A&M University-Commerce economics professor Dr. Dale Funderburk says the stories of statistical similarities in the current performance of the stock market and the weeks leading up to the catastrophic crash of 1987 are noteworthy, but predicting the behavior of the market is always risky.

Texas A&M University-Commerce

Texas A&M University-Commerce professor of economics Dr. Dale Funderburk says raising the minimum wage has the very visible effect of helping many people immediately, but the longer term effects --  which he believes include fewer jobs in the economy -- are harder to see and measure.

Texas A&M University-Commerce

Texas A&M University-Commerce economics professor and interim dean of the College of Business and Entrepreneurship Dr. Dale Funderburk says comparing federal debt to your personal debt is not an "apples-to-apples" comparison, because you can't print money or borrow massive amounts from foreign countries.

TAMU-C

Texas A&M University-Commerce economics professor (and interim dean of the College of Business and Entrepreneurship) Dr. Dale Funderburk visits with us on the debt ceiling, quantitative easing and other factors affecting the U.S. economy.