I am an independent scholar with a primary interest in international and foreign banking, and secondary interests in a number of areas including physical money and foreign direct investment in the fast food industry. I currently teach as a part-time lecturer at the Wharton School of the University of Pennsylvania. At various times I have taught in a variety of capacities at the business schools of the University of Michigan and the University of Delaware, at the Indian School of Business, Thunderbird American Graduate School of International Management, and Victoria University (Wellington).
Articles
McDonald's -- Much Maligned, But an Engine of Economic Development, Global Economy Journal (2009)
Critics have excoriated the US fast-food industry in general, and McDonald's most particularly, both per...
The international diffusion of an innovation: The spread of decimal currency, Journal of Socio-Economics (2009)
This paper argues that decimalization of currency diffused as a consequence of all three forms...
The Manager’s Guide to Big Macs (with Robert Grosse), Advances in Financial Education (2006)
We have found that deriving the business implications of abstract concepts such as Purchasing Power...
Foreign Banks in the Pacific: A Note., Journal of Pacific History (2005)
Foreign banks have been operating in the Pacific Islands since the late 19th century. Today,...
Change the regime – Change the money: Bulgarian banknotes, 1885 to 2003, Balkanologie (2004)
This paper follows the changes in the images in Bulgaria’s notes from the first issue...
Books
Contributions to Books
Financial Crises and the Presence of Foreign Banks, Systemic Financial Distress: Containment and Resolution (2005)
Foreign banks have entered many transition and emerging economies in recent years, sometimes before economic...
Foreign Banks in Bulgaria, 1875-2002 (with Kenneth Koford), Capital Formation, Governance, and Banking (2005)
We apply the analogy from biology of ecological succession that follows natural disasters as a...
The Key to Risk Management: Management, Risk Management: Challenge and Opportunity (2004)
The Barings, Daiwa Bank and Sumitomo Corp. financial debacles in the mid-1990s suggest that management...
Other
Letter: Observation, Theory-Building, and Theory-Testing, The Economists' Voice (2009)
Adrian Tschoegl suggests that proper science is often neither deduction nor induction, but abduction.
Review of Philip E. Tetlock, Expert political judgment: How good is it? How can we know? (with J. Scott Armstrong), Marketing Papers (2007)
The book assaults common sense with evidence. In order to mount his assault on accepted...