While the nation's economy showed some significant signs of life in the first half of 2011, the state's economy continues to bounce along the bottom. But forecasters at the Economic Club of Phoenix's Annual Economic Outlook 2011 luncheon on May 5, said they are looking at a comparably stronger finish to the year, with growth continuing at a gradually healthier pace leading up to 2015.

Elinor Ostrom, the 2009 recipient of the Nobel Prize in Economic Sciences, told the audience at the Economic Club of Phoenix Luncheon that there's ample evidence to prove that polycentric, or multilevel, approaches — even relatively easy fixes that can be implemented by local communities, businesses, and individuals — can begin to address the crises.

Tod C. Holmes, executive vice president and chief financial officer of Republic Services, Inc., which provides non-hazardous solid waste collection services, was the featured speaker at the Economic Club of Phoenix, where he told the story of how the industry as a whole and Republic, in particular, has evolved from waste disposal to waste management.