Natural gas prices defeat hopes for cheap, plentiful energy in the west

At the time of the California energy supply crisis of 2001, a number of Western states were net exporters of electricity. They realized the Golden State would need much more electricity than it could supply itself.

Health care transformation: Crisis or opportunity?

When Thomas Donohue scans the American health-care landscape, he sees an opportunity.

Basic research by universities is critical to U.S. innovation

Basic research is the raw material of new knowledge and the base of an innovative society, says Dennis Hoffman, associate dean for research at the W. P. Carey School of Business.

A little goes a long way for corporate PAC contributors

The huge sums raised by corporate-driven Political Action Committees are legend, but the average voter is unaware of just how effective such contributions can be.

Tipping point: Morality, group psychology influence gratuities

You probably didn't stop to consider that the $2 tip you left the waiter at lunch today involves a complex web of social psychology, personal morality and economics.

Join the club: Costco founder urges business to promote higher education for low-income kids

"What is a guy selling mayonnaise in 50-gallon drums doing in education?" Robert Craves asked the audience during a recent presentation at the W. P. Carey School's Economic Club of Phoenix.

Immigration issues 'heating up quickly,' says U.S. treasurer

Addressing a mixed audience recently at the W. P. Carey School of Business, U.S. Treasurer Anna Escobedo Cabral breezed through an economic update before plunging into the controversial issue of illegal immigrant workers.

At the end of the day, beneficiaries pay: Changing investment management firms can be costly

When an employee underperforms, supervisors must decide whether to fire that person or wait to see whether performance improves. In the balance are the transition costs of finding a replacement and getting that person up to speed mdash; costs could be saved if the original employee improves.

'Know thyself' is the first step to successful knowledge management

Knowledge Management (KM) systems have provided companies with a tool that allows them to collect and provide access to the collective expertise of their employees. The appeal is obvious: Sharing experiences and lessons leads to efficiency and innovation.

Insurers, government struggle to manage risk of terrorist acts

In the aftermath of the terrorist attacks of Sept. 11, 2001, insurance coverage for commercial property and casualty loss in the event of terrorism became hard to find and prohibitive to purchase. Congress responded in November 2002, enacting the Terrorism Risk Insurance Act.