Joseph Giglio Senior Academic Specialist; Executive Professor of International Business and Strategy j.giglio@neu.edu 617.373.4762 Expertise capital markets, privatization, technology, transportation Joseph Giglio in the Press The Brockton Enterprise Joseph Giglio: Aftermath of the Brexit vote will be long and uncertain Once again we are reminded that nothing is forever; not now, not ever, never. On June 23 Great Britain’s electorate voted to quit the 28-member European Union despite threats that economic Armageddon will follow. The Brexit vote represented the sort of populist victory over establishment politics that give elites, few of whom have the scars […] The Brockton Enterprise Joseph Giglio: Iraq, Afghanistan and a lesson of war from World War I Today, revisionist historians contend that the battle, while costly and flawed, put an end to German hopes at Verdun, badly weakened the German army and helped the British learn new tactics for successfully prosecuting future offensives. Traditionalists believe this interpretation airbrushes reality. They say the battle achieved nothing but untold misery and loss. It was […] The Brockton Enterprise Joseph Giglio: Low interest rates are not working for most Americans Since the end of the recession, economic growth has been lackluster despite the Federal Reserve putting the pedal to the metal by pursuing zero interest rates and engaging in bond purchases known as quantitative easing. The rationale for this policy is that artificially suppressed interest rates and easy money are required for the Fed to […] The Brockton Enterprise Presidential candidates run from national debt There have been few signs that the three remaining presidential candidates seeking to capture the nation’s commanding heights are willing to confront the subject of America’s public debt, which has grown to over $19 trillion, more than the gross domestic product. It is estimated that by 2023, entitlement payments, military spending, and interest on the […] The Brockton Enterprise Stock options for executives carry unintended consequences CEO compensation took off in the 1990s because activist shareholders, board members and academics, all mating like alley cats, pushed to better align management’s interests with those of shareholders. So corporations began to award stock options to senior managers. Executive stock options have been a controversial topic for some time because of the fortunes executives […] The Brockton Enterprise Commentary: Free trade doesn’t work for most American workers The aphorism “A rising tide lifts all boats” has become entwined with a basic assumption that free trade results in economic wins for all players in the global economy. Of course this assumes you are lucky enough to have a boat that has not run aground. The classic case for free trade was made nearly […] Enterprise News Trump and Sanders may have it right on free trade It is political popularism, but Trump and Sanders have a point: it is time to rethink free trade and advocate for quotas and tariffs that protect and defend American interests and values rather than those of special interests such as multi-national corporations. The Patriot Ledger Remembering a day that was too big to forget This month marks the anniversary of the collapse of Bear Stearns, once Wall Street’s fifth-largest investment bank. The demise of the 85-year old institution signaled the real start of the 2008-2009 financial crisis. Eight years later, we can only hope our leaders learned something from the experience. The collapse and Bear’s subsequent bailout by the […] The Patriot Ledger What a victory over ISIS would look like Every terrorist attack on a Western target presents the self-styled saints in Washington and other western capitals with an opportunity to engage in perfectly staged grandiose rhetoric. Employing borrowed words, identical sound bites, and first-cousin clichés designed to curate their images, conceal their ignorance and ignore realities on the ground, world leaders’ pontificate about destroying […] The Patriot Ledger When it comes to Syria, let Iraq be the lesson How many times do people ask themselves “what if,” consciously considering what has happened and what might have been? What if you had taken a different job, or married someone else? These questions are a fundamental feature of the human condition. They are also a good exercise in understanding the world and suggesting alternative approaches […] Joseph Giglio for Northeastern Global News After 52 years at Northeastern, professor Dan McCarthy retires After 52 years at Northeastern, professor Dan McCarthy retires Over the past six decades, thousands of students, faculty, and staff have had to the opportunity to work with—and learn from—Dan McCarthy. And he wouldn’t have it any other way. “I have three Ivy League degrees, but I’d trade them all to be at Northeastern,” he said. “I love this place.” 3Qs: Uber’s on the move 3Qs: Uber’s on the move The San Francisco-based ride-sharing companyhas grown in popularity in recent years, expanding to more than 100 cities worldwide. Here, Joseph Giglio, an executive professor in the D’Amore McKim School of Business, discusses Uber’s recent success and what it says about the outlook of urban transportation in the future. 3Qs: Will rising home prices cause another housing bubble? 3Qs: Will rising home prices cause another housing bubble? Joseph Giglio, an executive professor of general management, says that federal policymakers have turned to the same policy tools that helped create the country’s last housing bubble: easy money and cheap credit. 3Qs: Investigating the trading loss at JPMorgan Chase 3Qs: Investigating the trading loss at JPMorgan Chase Last week, JPMorgan Chase announced that it had suffered significant trading losses, which are expected to top at least $3 billion. The announcement caused the company’s stock prices to plummet and reminded many of the Lehman Brothers’ failure in September 2008. On Wednesday, the FBI confirmed that a preliminary investigation into the trading loss has […] 3Qs: Is America’s transportation network on the right track? 3Qs: Is America’s transportation network on the right track? Transportation spending is a hot-button issue in Congress. House Republications have proposed a six-year, $230 billion extension of the surface transportation bill to fund projects including roads, bridges and public transit. In the Senate, Democrats have pushed back with their own two-year, $109 billion bill, arguing that the Republican proposal would cut transportation spending across the board. We asked business professor and infrastructure authority Joseph Giglio to examine the state of America’s infrastructure.
The Brockton Enterprise Joseph Giglio: Aftermath of the Brexit vote will be long and uncertain Once again we are reminded that nothing is forever; not now, not ever, never. On June 23 Great Britain’s electorate voted to quit the 28-member European Union despite threats that economic Armageddon will follow. The Brexit vote represented the sort of populist victory over establishment politics that give elites, few of whom have the scars […]
The Brockton Enterprise Joseph Giglio: Iraq, Afghanistan and a lesson of war from World War I Today, revisionist historians contend that the battle, while costly and flawed, put an end to German hopes at Verdun, badly weakened the German army and helped the British learn new tactics for successfully prosecuting future offensives. Traditionalists believe this interpretation airbrushes reality. They say the battle achieved nothing but untold misery and loss. It was […]
The Brockton Enterprise Joseph Giglio: Low interest rates are not working for most Americans Since the end of the recession, economic growth has been lackluster despite the Federal Reserve putting the pedal to the metal by pursuing zero interest rates and engaging in bond purchases known as quantitative easing. The rationale for this policy is that artificially suppressed interest rates and easy money are required for the Fed to […]
The Brockton Enterprise Presidential candidates run from national debt There have been few signs that the three remaining presidential candidates seeking to capture the nation’s commanding heights are willing to confront the subject of America’s public debt, which has grown to over $19 trillion, more than the gross domestic product. It is estimated that by 2023, entitlement payments, military spending, and interest on the […]
The Brockton Enterprise Stock options for executives carry unintended consequences CEO compensation took off in the 1990s because activist shareholders, board members and academics, all mating like alley cats, pushed to better align management’s interests with those of shareholders. So corporations began to award stock options to senior managers. Executive stock options have been a controversial topic for some time because of the fortunes executives […]
The Brockton Enterprise Commentary: Free trade doesn’t work for most American workers The aphorism “A rising tide lifts all boats” has become entwined with a basic assumption that free trade results in economic wins for all players in the global economy. Of course this assumes you are lucky enough to have a boat that has not run aground. The classic case for free trade was made nearly […]
Enterprise News Trump and Sanders may have it right on free trade It is political popularism, but Trump and Sanders have a point: it is time to rethink free trade and advocate for quotas and tariffs that protect and defend American interests and values rather than those of special interests such as multi-national corporations.
The Patriot Ledger Remembering a day that was too big to forget This month marks the anniversary of the collapse of Bear Stearns, once Wall Street’s fifth-largest investment bank. The demise of the 85-year old institution signaled the real start of the 2008-2009 financial crisis. Eight years later, we can only hope our leaders learned something from the experience. The collapse and Bear’s subsequent bailout by the […]
The Patriot Ledger What a victory over ISIS would look like Every terrorist attack on a Western target presents the self-styled saints in Washington and other western capitals with an opportunity to engage in perfectly staged grandiose rhetoric. Employing borrowed words, identical sound bites, and first-cousin clichés designed to curate their images, conceal their ignorance and ignore realities on the ground, world leaders’ pontificate about destroying […]
The Patriot Ledger When it comes to Syria, let Iraq be the lesson How many times do people ask themselves “what if,” consciously considering what has happened and what might have been? What if you had taken a different job, or married someone else? These questions are a fundamental feature of the human condition. They are also a good exercise in understanding the world and suggesting alternative approaches […]