Out to Lunch

OUT TO LUNCH finds economist and Tulane finance professor Peter Ricchiuti conducting business New Orleans style: over lunch at Commander's Palace restaurant. Each week Peter invites guests from the New Orleans business renaissance to join him. The Wall Street Journal, Forbes, and Inc magazine have all named New Orleans the best city in the USA to be an entrepreneur. Out to Lunch is the cafeteria of the new New Orleans entrepreneurial movement. You can also hear the show on WWNO 89.9FM.

Photo by Rick Lineberger

Oil and Gusts

Oil and Gusts
October 22, 2015

Everybody likes to think they’re important, but here in Louisiana we really are. Two sectors of our local economy are major components of the national, and global, economy: oil and gas, and renewable energy. Outside of the oil companies who physically drill for oil, there is a huge industry of companies who do everything else – from building oil rigs to delivering groceries to the men and women who work on... Read More »

Precious

Precious
October 8, 2015

The financial markets go up and down. The value of real estate goes up and down. The dollar strengthens and weakens. Financial advisors have a wide range of theories of risk versus diversification that they say can either make you a fortune, or hedge your bets. Through all this noise, there are investor voices who continue to say just two words. “Buy gold.” Is that good advice? Or is that just as... Read More »

Down The Mississippi To The Gulf of Mexico

Down The Mississippi To The Gulf of Mexico
September 24, 2015

In 1814 it was the British who were "runnin' down the mississippi to the Gulf of Mexico." Today, ships of almost every nationality are steaming down the river to the Gulf. 54 of them belong to International Shipholding. Their fleet of cargo vessels ply international trade from their current headquarters in Mobile, Alabama but they're set to return soon to their original home in New Orleans. International Shipholding is a publicly traded... Read More »

Suit Up

Suit Up
September 3, 2015

Most businesses grow successful over time as their owners find more efficient ways to make and market specific products. It would seem counter intuitive to open a business based on products that change constantly. And products you can't even imagine, that have to be re-invented up to three and four times a year, based on the season. That's exactly what the fashion business is. Peter's guests on tis edition of Out to... Read More »

Flying Into Lakefront

Flying Into Lakefront
August 27, 2015

In New Orleans when we talk about "going to the airport" we automatically assume we’re talking about Louis Armstrong Airport in Kenner. But there's another airport. In Orleans Parish. Lakefront Airport is over 80 years old. Not all those years have been great for business. For some of them the airport was boarded up. Today, Lakefront might finally be lining up for take off. The airport's latest Director of Aviation is not the... Read More »

Ethics First

Ethics First
August 13, 2015

Everybody knows right from wrong. Everybody knows numbers don’t lie. And nobody wants to spend time in prison. Why, then, would a person lie about corporate profits knowing there’s a high probability they’re going to get caught and end up behind bars? Peter's guest on Out to Lunch wrote the book on business ethics, and it’s not theoretical. Aaron Beam went to federal prison for his part in a multi-billion dollar fraud, and... Read More »

Hair and Makeup

Hair and Makeup
July 23, 2015

If there's one thing we all like, it's being told we’re attractive. No matter how rich or poor, powerful or powerless, beautiful or pedestrian we might be there is nobody who doesn’t respond positively to, "You look great!" You can spend a little or a lot - of time and money - on your appearance. And when you think you’ve done everything you can to make yourself look good, you discover... Read More »

Rock Paper Scissors

Rock Paper Scissors
July 16, 2015

If you're a certain age and you grew up in the South, there were things you were expected to do, under the banner of "etiquette."  After you went to someone’s house for dinner or a party, you wrote them a thank you note. On your personalized stationery. Today, you’re more likely to send an email. But, if you want it, you can still find personalized stationery. Nancy Sharon Collins still makes... Read More »

Rollin' On The River

Rollin' On The River
July 9, 2015

We’ve got a lot going for us here in New Orleans these days. But even through the bad times – oil busts and oil spills, recessions, floods, and hurricanes – the economic heart of our city has kept beating. That’s largely attributable not to what goes on in the CBD, but what goes on on the Mississippi River. The stretch of the Mississippi River here in New Orleans is the busiest waterway... Read More »

NOLA Phoenix

NOLA Phoenix
July 2, 2015

New Orleans is rising from the debris of 2005 in ways that could never have been predicted, even by the most optimistic of prognosticators. For the first few years of the post 2008 bounce-back recovery, New Orleanians were taken by surprise. Accustomed to reading stories of disasters about the city, from natural to man-made - crime, corruption, shrinking population, disastrous education - locals were unprepared for what to do with an... Read More »

Dat On a Cool Tin Roof

Dat On a Cool Tin Roof
June 25, 2015

Whether you believe global warming is caused by man or nature, according to NASA, 2014 was earth’s hottest year on record. One of the causes of our continued heating is the depletion of polar caps and other frozen surfaces. They help cool us not so much because they’re cold but because they’re flat and white and reflect the sun, bouncing its heat off of the earth. That is also the concept behind... Read More »

Back of Town Comes Back

Back of Town Comes Back
June 11, 2015

When people talk about which parts of New Orleans are desirable, you often hear the phrase, "block by block." Meaning, in blighted parts of town there are bright spots. And in the nicer parts of town there are areas that are not so great. Two parts of town that have been commercially block by block are the mostly empty lots around Loyola Avenue near the Superdome, and the largely abandoned Oretha... Read More »

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