Tepper In The News

For copies of articles in their entirety, please contact Barbara Feldman at 412-268-9885.

Gulf Times, 10/26/2009
Qatar could become major manufacturing hub, Emerson says
Qatar could become a major manufacturing hub and aim for a future that lasts well beyond the energy boom, according to S. Thomas Emerson, David T. and Lindsay J. Morgenthaler Professor of Entrepreneurship. Emerson says the country enjoys such competitive advantages as strategic location, excellent air and sea transportation, and abundance of capital. URL for this article: http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=322430&version=1&template_id=57&parent_id=56

Politico, 10/23/2009
Meltzer: Executive pay cuts a red herring
Controversy over executive pay cuts for firms that accepted government bailout money is part of an effort to divert public attentino from the main causes of the mortgage fiasco, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer believes politicians should have limited the activities of Fannie Mae and Freddie Mac after 2003, and that both organizations should be closed. URL for this article: http://www.politico.com/news/stories/1009/28623.html#

Wall Street Journal , 10/22/2009
Meltzer: U.S. headed toward new financial crisis
The United States is headed toward a new financial crisis unless it acts forcefully and soon, warns Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer points to his expected depreciation of U.S. currency and the country’s budget deficit. URL for this article: http://online.wsj.com/article/SB10001424052748704224004574489251193581802.html?mod=WSJ_hps_sections_opinion

Washington Observer-Reporter, 10/17/2009
Economy will improve, but not boom, says Robertson
The economy will improve in 2010, but people should not expect a return to the boom years, says Norman Robertson, adjunct professor of economics. Robertson does characterize Pittsburgh’s performance through the downturn as “remarkable.” http://www.observer-reporter.com/or/biz/10-17-NORMAN-ROBERTSON---ECON-OUTLOOK---SAT-BIZ

Reuters, 10/14/2009
Export boost necessary for recovery, says Meltzer
An economic recovery led by a boost in U.S. exports is necessary, according to Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer says such growth will come at the expense of domestic spending. URL for this article: http://www.cnbc.com/id/33314157

Pittsburgh Tribune-Review, 10/13/2009
Alumnus earns Nobel Prize in economics
Tepper School alumnus Oliver Williamson has joined the distinguished ranks of Nobel laureates in economics. Williamson earned his MSIA from the school in 1962 and his PhD in 1963. URL for this article: http://www.pittsburghlive.com/x/pittsburghtrib/news/pittsburgh/s_647682.html

Pittsburgh Tribune-Review, 10/4/2009
Meltzer: China will act in its own best interest regarding consumption
The United States has talked about increasing consumption in China for 10 years, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer says while the Chinese are aware of that viewpoint, it will act in its own best interests. URL for this article: http://www.pittsburghlive.com/x/pittsburghtrib/news/cityregion/s_646339.html

Lave: Despite permits, market for natural gas is down, 10/3/2009
Pittsburgh Tribune-Review
The market for natural gas is clearly down, according to Lester Lave, Harry B. and James H. Higgins Professor of Economics and University Professor; Director, Carnegie Mellon Green Design Initiative; Co-Director, Carnegie Mellon Electricity Industry Center. Lave says a spike in natural gas permits should not be confused with a true market upswing, because they are merely cheap preparation for companies speculating in long-term investment. URL for this article: http://www.individual.com/story.php?story=107836885

VOA News, 9/25/2009
Lave: Limiting banker bonuses will help manage risks
A G-20 goal of limiting large bonuses for bankers will help them consider long-term consequences, not just short-term benefits, says Lester Lave, Harry B. and James H. Higgins Professor of Economics and University Professor; director, Carnegie Mellon Green Design Initiative; co-director, Carnegie Mellon Electricity Industry Center. Lave says the idea is to better manage risks and prevent the kind of speculation that brought down the economy. URL for this article: http://www.voanews.com/english/2009-09-25-voa53.cfm

Global Times, 9/24/2009
G-20 must address ‘too big to fail,’ says Meltzer
To avoid a repeat of the financial crisis, the G-20 summit must address the concept of “too big to fail” in the banking system, says Allan Meltzer, The Allan H. Meltzer University Professor of Political Economy. Meltzer says the current financial system allows bankers to profit while the public takes losses. URL for this article: http://business.globaltimes.cn/world/2009-09/471242.html

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