How we got here: Bush economic advisor analyzes the financial sector meltdown
The deepest recession since World War II was caused by the collapse of the financial sector, but that disintegration is not proof that markets don't work, said Stanford economist Edward Lazear, who was chief economic advisor to former President George W. Bush.
Consumer spending and the 'new normal' economy
Economists, sociologists and other observers are divided in their view of consumer spending in the post-recession era that lies (somewhere) ahead.
Phoenix real estate outlook: Residential recovering in 2010, but commercial continues to slide
Forecasts by the Greater Phoenix Blue Chip real estate consensus panel show that perceptions of the metro real estate market continued to deteriorate in the third quarter of 2009.
Creating the right atmosphere: How should carbon-emissions permits be allocated?
If you had an asset worth billions of dollars, would you give it away free? No? Would you hand it over if charging for it would clobber farmers with added expense, hobble businesses in similar fashion, boost unemployment and raise the cost of living for just about everyone?
From provider to partner: Service relationships that transform businesses
"Attract more customers, retain the ones you have, and expand existing relationships." That is the magic formula for growth, according to Synovate's Chief Loyalty Architect Dr. Larry Crosby.
Podcast: Foreclosures and short sales complicate a volatile real estate market
The troubled Phoenix real estate market has experienced high levels of activity this summer. With the federal tax credit ending soon, first-time home buyers have been scrambling to get into a deal. Meantime, investors anticipating a rise in prices are coming back to the market.
ASU-RSI: Signs point to improvement
The ASU Repeat Sales Index (ASU-RSI) continued to decline in June, but the numbers contained positive signals that improvement is the trend in the Phoenix metro real estate market.
Recession aftermath: A tentative scenario
The near-term outlook for the national economy continues to improve, but full recovery will be slow in coming, says Lee McPheters, editor of Economy@W. P. Carey. After decreasing this year, Gross Domestic Product (GDP) is expected to grow next year, but hundreds of thousands mo
Overcoming the challenges in migrating from products to services: Facing the enemy within
Charging for services involves an organizational shift.
Enough. Period.
John C. Bogle, founder of the Vanguard Mutual Fund Group and President of its Bogle Financial Markets Research Center, has been warning us for decades about the danger of short-term thinking and greed as motivator in the U.S. financial sector.