Rebuilding Social Security: The labor elasticity effect

In the debate over Social Security, Nobel Laureate Edward C.

Confidence game: Are consumers still playing by conventional rules?

As consumer outlook surveys chart plunging numbers, some experts are noticing that the trend coincides with President Bush's declining approval ratings. Could it be that the public's view of the economy is more closely linked to the political climate than researchers thought?

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.

TABOR laws: Discipline or disaster for state spending?

The Taxpayer Bill of Rights, also known as TABOR, is shaping up as a powerful movement in the continuing battle to control government spending. But whether it is a grassroots phenomenon or a grass fire depends on your point of view.