At Weatherhead School of Management, faculty members continue to bring clarity and context to today’s most important financial and economic questions. This month we highlight timely insights from experts in personal finance and global trade.
Melissa Carlisle, Associate Professor of Accountancy and Thomas M. Dickerson Fellow, offers practical guidance on personal budgeting— reframing it as a proactive step toward financial well-being. She explains how budgets help align daily spending with long-term goals by showing exactly where your money goes. Read more on .
Turning to global economics, Jonathan Ernest, Assistant Professor of Economics, explores the real-world effects of tariffs on consumer goods. On the topic of clothing, Ernest notes that tariffs are unlikely to revive U.S. manufacturing, pointing out that “we just haven’t seen that sort of level of production in the U.S. for things like clothing in quite a long time.” Read more on .
Ernest also weighs in on tariffs in the home goods sector, cautioning that import taxes on furniture and décor are likely to raise consumer costs across the board. “Typically, the vast majority of tariffs are passed along to consumers,” he explains, adding that even domestically produced items could see price increases due to costlier inputs and domestic labor. Read more on .
From household budgeting to global trade policy, Weatherhead faculty continue to offer clear, research-driven perspectives that help individuals and businesses navigate a complex economic landscape.