Myth and misunderstanding in Arizona

How much do you know about the economy of your state or region? Does it matter if the general public understands their economy? Robert E.

Podcast: Managing the business of health care

Peter Drucker, sometimes called the father of modern management, once commented that health care organizations are the most difficult to manage of all organizations. For example, American health care is defined by legislative mandate yet implemented in the private sector.

Not so fast: Closer look at the data reveals weaknesses in Arizona economic growth

Arizona's record of economic progress in recent years is well documented. In 2006, the state led the nation in population and job growth and was fifth in growth of personal income.

U.S. appetite for ethanol fuels rise in Mexican corn prices

Tortillas, and the corn used to make them, have been a Mexican staple for thousands of years. So it's no surprise that tens of thousands packed into Mexico City's central Zocalo plaza to protest a spike in the price of tortillas and other staple goods.

Women and minorities' high quit rates make corporate diversity difficult

Many companies have noted that attrition among women and minorities in the professional and managerial ranks hampers progress on building a diverse workplace.

AZ state spending: Up or down?

Spending by state government in Arizona is on the rise.

Consumer preferences and the relationship between health and consumption

In an ideal world, consumers' choices in relation to the incremental costs of producing goods and services would dictate what gets produced, and at what price. Choices should tell us about preferences.

Economists are from Mars, policymakers are from Venus: Translating the language of science

While many scientists applaud former Vice President Al Gore and his documentary, "An Inconvenient Truth," some scientists have said that the film exaggerates the nature of environmental problems and/or makes conclusions that the science doesn't uphold.

Another steak or another year of life? Consumption choices and the rise in health spending

Americans currently spend about 15 percent of gross domestic product (GDP) on health care, but new research is projecting that by 2050, we'll be spending more than 30 percent of our income on health.

Podcast: Learn to read the economic tea leaves

Are the chances of a recession increasing, and if so, should we be altering our behavior? Economists use various economic indicators to track segments of the economy, to explain current behavior and project future activity. Dennis Hoffman, professor of economics and director of the L.