Should health care costs be purely market driven?
The solution to the increasingly expensive U.S. health-care system is to abandon insurance plans and government programs — and throw the beast into the open marketplace, according to 2004 Nobel Laureate Edward C. Prescott, professor of economics at the W. P. Carey School of Business.
Study links environmental causes to human evolutionary development
Using health information dating from the Civil War, researchers have arrived at some intriguing conclusions about the "environmentally induced change to human physiology" which has led to a steady increase of healthier longer-lived people in developed nations.
Study: Tax-break incentives for business seldom pay off
Tax breaks are widely promoted by economic development agencies and the business lobby as an effective tool to promote corporate investment.
Knowledge may be your company's greatest untapped resource
Your company's most valuable resource may be locked inside the brains of employees. A W. P. Carey School of Business professor has written a paper that describes ways a business can unlock and use this powerful resource.
Accounting for the abuses at AIG
When accounting problems at American International Group surfaced last winter, it looked like a small matter next to the corporation–busting scandals of the Enron era.
What goes around comes around: Jobless recoveries nothing new
New research by W. P. Carey School of Business faculty finds that jobless recoveries have been with us far longer than most experts think. In fact, sluggish job growth has followed U.S. recessions since at least 1950.
European Central Bank fraught with turbulence in early years
The European Union has faced some formidable hurdles since its debut in January 1999.
Getting credit for a novel approach to offsetting auto emissions
When Wharton professor Karl Ulrich began thinking about ways to compensate for the pollution he caused in everyday life — including auto emissions — he came up with a novel idea, which he eventually pitched to the 41 students in his "Problem Solving, Design and System Improvement" class.
The Economic Minute: Waiting for consumers to find their smiles
The drop in taxable retail spending over the past two years in Arizona has been dramatic -- even for a historic slump. Dennis Hoffman, director of the Seidman Research Institute at the W. P.
Financial crisis got you down? Nobel laureate tells China to buy Chinese
Roger Myerson, a Nobel Laureate in Economics from the University of Chicago, told an audience of Chinese business executives and government officials recently that their country might do better if it liquidated some of its American investments.