
Video: ESOP is no fable
ABD Publisher Neil Gordon continues his discussion with Augusta Industrial Services CEO, David Beckum. Today, David answers some important questions on how to set up your company to be employee-owned!

ABD Publisher Neil Gordon continues his discussion with Augusta Industrial Services CEO, David Beckum. Today, David answers some important questions on how to set up your company to be employee-owned!

Delta had a rough landing in the 4th Quarter of 2021—in part due to wintry weather and Covid. Some big names in Georgia get indicted for Covid fraud—and the Georgia Bulldogs star, walk-on quarterback is about to get a big payday thrown his way. Atlanta reporter Mike Petchenik has more from Georgia’s capitol.

Chris Willox has worn many hats in his career: Wall Street stockbroker and business professor, just to name a couple. But he can now add a new job title to his extensive resume: financial advisor. Through a partnership between Pinnacle Bank (see photo above story) and Highland Trust Partners, LLC, Willox provides local clients with a variety of financial services, such as wealth management, financial planning, trust services, and business retirement plans. He works at the companies’ new branch located at 375 Furys Ferry Road, which opened Nov. 1. After

Longtime, successful CSRA financial planner, Woody Merry brought on a new advisor in 2021. In today’s member spotlight, Neil Gordon learns she may “teach” him a thing or two, as well as the rest of us!

As 2022 begins, we now know how hard COVID-19 hit the local economy in 2020, such as the speed with which official government data on real Gross Domestic Product (GDP) is released. For the Augusta Metropolitan Statistical Area (MSA), real GDP fell by 1.4% in 2020. However, the effect of COVID-19 was not uniform across all the counties in the MSA as shown in the table below. Burke County actually saw real GDP grow by 5.6% while Richmond County saw the biggest decline at 2.7%. County % change real GDP

Are you contemplating a dry January or a Veganuary? Want to exercise more and eat less? Many of us make New Year resolutions about this time of the year, only for them to fall apart before the end of January. Not sure you can make the commitment last, economics is here to help with the anti-charity! The StickK website (https://www.stickk.com) was started by Yale professors, Ian Ayers and Dean Karlan. In graduate school, Karlan had found himself putting on weight as had a fellow grad student. They set up a

“Father Christmas, give us the money Don’t mess around with those silly toys” The Kinks, Father Christmas At this time of gift giving, it is worth considering whether the exchange of presents is efficient. Well at least to an economist it is! Famously, if only in economic circles, Joel Waldfogel in 1993 suggested gift giving was inefficient because it destroyed about 10 percent to a third of the value of the gift. Think of the aunt or uncle that gave you that wonderful (read terrible) sweater last year. They bought

Over the last 20 years or so, there have been many excellent books written about economics that are very accessible and readable, meaning not dry academic prose. If you are thinking of an economic gift this holiday season, here are my top three book recommendations. 1. Freakonomics by Steven Levitt and Stephen Dubner First published in 2005, this is the original and best readable economics book. Although much of the book is about Steven Levitt’s research, Dubner makes it come alive with characters and stories. Each chapter poses a question

Editor’s Note: Thursday morning at 7:30, the Augusta University Hull College of Business is hosting it’s annual Economic Outlook Breakfast. Findings for 2022 will be presented by the AU and ABD economist, Dr. Simon Medcalfe. Wells Fargo will provide boxed breakfasts from Chick-Fil-A. There is no charge, but you must register here AU and Hull are proud to provide this service to our business community. It’s also a nice networking event with about 100 business leaders expected. Our conversation was edited for brevity and clarity: ABD: You’ve attended all five

It’s been a week since the worst trading day of the year on the S & P 500. ABD Member and CSRA Financial Advisor, Kurt Mueller of Apollon Wealth Management explains there was a “Covid factor” and looks ahead to what Pfizer and Moderna’s next steps are.