Thomas Smith

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  • Assistant Professor in the Practice of Finance
  • Phone: 404-727-3605
  • Fax: 404-727-5238

Mailing Address:

1300 Clifton Road
Atlanta, GA 30322


Thomas Smith joined the Goizueta Business School faculty in 2008. He has held faculty positions at the University of Illinois–Chicago, National-Louis University, Loyola University, and North Central College. Smith received a PhD in labor and demography/cultural economics and policy from the University of Illinois at Chicago in 1998. He holds a BA from Illinois Wesleyan University. He has presented dozens of papers at academic and professional conferences in the U.S. and abroad. He has served as a consultant for the arts, music and entertainment industry (National Endowment for the Arts, Joffrey Ballet of Chicago) and in curriculum development (University of Illinois-Chicago, Buck Institute for Education).


  • Moving Upstage: Economic Trends in the Nonprofit Theater Industry , National Endowment for the Arts (forthcoming).
  • “Problem Based Learning in College Economics,” (with Jason Ravitz) Academic Exchange Quarterly, 12, no. 1 (Spring 2008).
  • “Selection Models in the Music Industry: Comment,” Journal of Cultural Economics 31, no. 2 (June 2007).
  • “The Impact of Government Grants on Nonprofit Arts Organizations,” Annals of Cooperative and Public Economics 78, no. 1 (March 2007): 136-160
  • Occupational Attainment and Mobility of Hispanics in a Changing Economy , with M. Toussaint and L. Comeau, Pew Hispanic Center, December 2005.
  • Raising the Barre: Demographic, Economic and Financial Trends in the Nonprofit Dance Field 1986-1999 , Research Division Report #44, National Endowment for the Arts, September 2003.
  • “The Impact of NEA Grants on the Contributions to Nonprofit Dance Companies,” Journal of Arts Management, Law and Society 33, no. 2 (2003): 98-113.

Areas of Specialization

  • Cultural economics (economics of the arts)
  • Economics of sports
  • Economics of religion
  • Urban and real estate economics
  • Labor economics
  • Economic education

Achievements and Honors

  • Teaching Award: University of Illinois-Chicago & Center for Excellence in Learning and Teaching, 2007
  • Rookie of the Year Award, National Association of Economic Education, 2004
  • Co-winner of the Oscar Miller Teaching Award for Best Economics Graduate Student Teacher, University of Illinois-Chicago, 1998
  • Finalist: Lucent Technology Prize for ¿The Demand for Culture: A Human Capital Approach,¿ paper and presentation, Illinois Economic Association, Chicago, 1997

Memberships and Activities

  • Secretary/Treasurer, Association of Cultural Economics International, 2008
  • Program Director, Association of Religion, Economics and Culture, 2007
  • Trustee for Illinois Economic Association
  • Manuscript referee: Journal of Cultural Economics; Journal of Arts Management, Law and Society; Review of Social Economy; Review of Religious Research


  • Ph.D. Cultural Economics and Policy in Labor and Demography, University of Illinois at Chicago, Chicago, IL 1998
  • Master's, University of Illinois at Chicago, Chicago, IL 1994
  • Bachelor's, Illinois Wesleyan University, Bloomington, IL 1992