Professor Mark J. Perry's Blog for Economics and Finance
South Florida is a prime destination as Venezuelans rush to move their money out of the reach of Hugo Chávez. Venezuelan economist Emilio Medina-Smith, who studies capital flight, estimates that $1 billion has left the country monthly for the past three years, a big increase from Chávez's first years in power.
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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