Georgia Ranks 6th in Fraser Institute's Economic Freedom of North America 2023 Report

The Fraser Institute's highly anticipated annual report, Economic Freedom of North America 2023, was released yesterday. Economic Freedom of North America is an attempt to gauge the extent of the restrictions on economic freedom imposed by governments in North America. The freest economies operate with minimal government interference, relying upon personal choice and markets to answer basic economic questions such as what is to be produced, how it is to be produced, how much is produced, and for whom production is intended. As government imposes restrictions on these choices, there is less economic freedom.

As one of the report's authors, Dean Stansel of Southern Methodist University, summarized, "Of the four largest states, Florida is [the] 2nd [most free state] and Texas is 4th, while New York is again 50th and California is tied for 48th. Across North America, the least-free quartile of jurisdictions (including Canada and Mexico) had an average per-capita income of just $2,696, compared to $59,401 for the most-free quartile." Among the 50 states, New Hampshire ranks as the most economically free, while Tennessee is ranked 3rd and South Dakota is 5th. In a tie for 6th are Georgia, Idaho and North Carolina. Rounding out the top 10 are Indiana and Idaho, while Georgia's remaining neighbor, Alabama, ranks 24th overall.

Finally, the Turner College has a couple interesting ties to this year's report. First, a 2021 study in Small Business Economics by Kirk Heriot, the Turner College's Crowley Professor of Entrepreneurship, and his co-authors Andres Jauregui of Fresno State University and David Mitchell of Ball State University, is cited in the report. Similarly, a 2015 book titled Economic Behavior, Economic Freedom, and Entrepreneurship by Frank Mixon, the Turner College's Buck Professor of Economics, and his co-editors Richard Cebula of the University of Tennessee, Joshua Hall of West Virginia University, and James Payne of Oklahoma State University, is also cited in the report.

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Grant Hits Ground Running as New Turner College Marketing Intern

The Turner College's new marketing intern Lizzy Grant , a senior marketing major from Newnan who previously attended Gordon State College, where she played varsity soccer, and is scheduled to graduate from the Turner College in May of 2024, has hit the ground running in her new position. She recently played a large role in the creation of a video tour of the Synovus Center, the main campus home of the Turner College. The video helps to guide new students on where to go in the building and who they can talk to if they help. The video showcases the Student Services Center, the main lobby, and more. The video is played as part of a loop on video screens placed throughout the Synovus Center. Lizzy's list of activities at CSU is impressive. She is the Treasurer of the Turner College's Marketing Club, the President of Marketing for the Turner College's chapter of the Financial Management Association, and an Ambassador for the Turner College. She is also the Treasurer of her s

Jung Exploring Influence of Confucianism on Luxury Brand Performance in China, Japan and South Korea

In a recent chat with Turner Business , Turner College professor of marketing Sungwoo Jung made the point that luxury brands are gaining the degree of influence in many developing countries that they enjoy now in developed countries. He has been pondering this issue as part of his international marketing research program, which typically focuses on advertising, pioneering advantages and multi-cultural analysis. Currently, Jung is concentrating his energies on a cross-cultural analysis of brand equity that highlights luxury brands’ performance. His research finds that China, Japan and South Korea have each seen an increase in market share for luxury brands in recent years. As Jung explained to Turner Business , “These three countries share a common philosophical background – Confucianism.” With that point in mind, Jung and his coauthors are currently engaged in an investigation of how Confucianism influences consumer behavior in these three Asian countries, and how that behavior im

Turner College Grad Publishes Academic Study on Corporate Culture and Strategy

Former Turner College student Tamara Todorova , now an associate professor of economics at American University in Bulgaria (AUB), recently published a study on corporate culture and strategy. Todorova earned an MBA from the Turner College in 1996 and then went on to earn a doctorate in international economics from the University of Economics - Varna in 2001. She has been on the faculty at AUB since August of 2000. Todorova's study, which appears in the current issue of the International Journal of Business Performance Management , investigates how corporate culture helps to economize on the transaction costs of internal organization. As she explains, the dimensions of corporate culture that assist in this task include increasing trust and reducing intrafirm opportunism. Todorova's study demonstrates that setting common goals and a common direction reduces the sizeable costs of internal organization. Tamara's prior research appears in Economics of Transition , International

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