http://www.physorg.com/science-news/economics/ en-us PhysOrg.com provides the latest news on economics As the national discussion of health care focuses on costs, a new study from North Carolina State University shows that it might be more accurate to think of health care spending as an investment that can spur economic growth. The study also shows that government projections of health care costs and financing may be unduly pessimistic. http://www.physorg.com/news180027478.html Other Sciences - Economics Mon, 14 Dec 2009 16:30:03 EST news180027478 A gut-level connection with workers may be the key to encouraging whistle-blowing that could chip away at an estimated $652 billion lost to fraud annually by U.S. businesses, an ongoing University of Illinois study suggests. http://www.physorg.com/news179426399.html Other Sciences - Economics Mon, 07 Dec 2009 17:30:04 EST news179426399 Companies that commit fraud can find innovative ways to fudge the numbers, making it hard to tell something is wrong by just looking at their financial statements. But research from North Carolina State University unveils a new warning system that sees through accounting tricks by evaluating things that are easily verifiable, such as the number of employees or the square footage that a company owns. If a company says that its profits are up, but these nonfinancial measures (NFMs) are down, that's a sign something is probably wrong. http://www.physorg.com/news176975440.html Other Sciences - Economics Mon, 09 Nov 2009 07:56:28 EST news176975440 (PhysOrg.com) -- Chief executives in 35 of the top Fortune 500 companies were overpaid by about 129 times their "ideal salaries" in 2008, according to a new type of theoretical analysis proposed by a Purdue University researcher to determine fair CEO compensation. http://www.physorg.com/news176481555.html Other Sciences - Economics Tue, 03 Nov 2009 14:40:11 EST news176481555 North American car manufacturers have come bottom of the league in the largest ever international study of the global automobile sector's sustainability performance. http://www.physorg.com/news176100931.html Other Sciences - Economics Fri, 30 Oct 2009 06:20:03 EST news176100931 Adelphia Communications, Barings Bank, Enron, HealthSouth, HIH Insurance, Hollinger International, Tyco International, WorldCom/MCI, Xerox... the white collar crime list goes on. But, did the executives at these companies start out as criminals or did they head down the slippery slope to criminality one misplaced step at a time? According to research to be published in the International Journal of Business Governance and Ethics, there are twelve steps to white-collar crime. http://www.physorg.com/news174651537.html Other Sciences - Economics Tue, 13 Oct 2009 11:30:16 EST news174651537 (PhysOrg.com) -- Economists have finally proved what most of us have suspected for a long time - when it comes to apologising, talk is cheap. According to new research, firms that simply say sorry to disgruntled customers fare better than those that offer financial compensation. http://www.physorg.com/news172771680.html Other Sciences - Economics Mon, 21 Sep 2009 18:00:02 EST news172771680 The Arab world is not the socioeconomic basket case that conventional wisdom holds, says University of California, San Diego economist James Rauch. http://www.physorg.com/news172486003.html Other Sciences - Economics Fri, 18 Sep 2009 09:47:26 EST news172486003 Outer space offers a new perspective for measuring economic growth, according to new research by three Brown University economists. In a National Bureau of Economic Research working paper, J. Vernon Henderson, Adam Storeygard, and David N. Weil suggest a new framework for estimating a country or region's gross domestic product (GDP) by using satellite images of the area's nighttime lights. http://www.physorg.com/news171294355.html Other Sciences - Economics Fri, 04 Sep 2009 14:46:51 EST news171294355 (PhysOrg.com) -- Pro-labor policies pushed by President Herbert Hoover after the stock market crash of 1929 accounted for close to two-thirds of the drop in the nation's gross domestic product over the two years that followed, causing what might otherwise have been a bad recession to slip into the Great Depression, a UCLA economist concludes in a new study. http://www.physorg.com/news170659233.html Other Sciences - Economics Fri, 28 Aug 2009 07:20:01 EST news170659233 (PhysOrg.com) -- While more states are tapping into the growing popularity of racinos as a means to augment budgets or create college scholarship programs, such facilities add lower paying jobs that depress local salaries, says a new study from Ball State University. http://www.physorg.com/news168868346.html Other Sciences - Economics Fri, 07 Aug 2009 13:30:01 EST news168868346 THE CLEAN TECHNOLOGY SECTOR -- where the "green" jobs are found -- is very much in its infancy, but off to a "strong start," according to a first-of-its-kind report released Wednesday. http://www.physorg.com/news163923982.html Other Sciences - Economics Thu, 11 Jun 2009 07:26:53 EST news163923982 When making investments, investors look for start-ups that have a strong business plan and a strong management team. A new study in The Journal of Finance reveals that while strong management is important, ultimately a strong business idea matters most to investors. http://www.physorg.com/news158405517.html Other Sciences - Economics Wed, 08 Apr 2009 10:32:32 EST news158405517 Vindictiveness doesn't pay. This has been demonstrated by a current study at Bonn and Maastricht Universities. According to this study, a person inclined to deal with inequity on a tit-for-tat basis tends to experience more unemployment than other people. Vindictive people also have less friends and are less satisfied with their lives. The study appears in the current edition of the Economic Journal. http://www.physorg.com/news157283971.html Other Sciences - Economics Thu, 26 Mar 2009 11:04:20 EST news157283971 For budding "bracketologists" busily weighing picks for their annual March Madness office pool, a University of Illinois professor has some advice on how to pick winners: In the later rounds of the tournament, ignore a team's seeding, which is a statistically insignificant predictor of a team's chances of winning. http://www.physorg.com/news156425607.html Other Sciences - Economics Mon, 16 Mar 2009 12:34:14 EST news156425607 (PhysOrg.com) -- Abolishing patent and copyright laws sounds radical, but two economists at Washington University in St. Louis say it's an idea whose time has come. Michele Boldrin and David K. Levine see innovation as a key to reviving the economy. They believe the current patent/copyright system discourages and prevents inventions from entering the marketplace. The two professors have published their views in a new book, Against Intellecutual Monopoly, from Cambridge University Press. http://www.physorg.com/news155495067.html Other Sciences - Economics Thu, 05 Mar 2009 17:05:33 EST news155495067 When it comes to intellectual curiosity and creativity, a market economy in which inventors can buy and sell shares of the key components of their discoveries actually beats out the winner-takes-all world of patent rights as a motivating force, according to a California Institute of Technology (Caltech)-led team of researchers. http://www.physorg.com/news155486207.html Other Sciences - Economics Thu, 05 Mar 2009 14:37:13 EST news155486207 The rich don't get richer -- at least not in laboratory games. According to a new study of behavioral economics, published in the April 12, 2007 issue of Nature, people will spend their own money to make the rich less rich and the poor less poor. They do so without any hope of personal gain, acting, it seems, out of a taste for equality and sense of fair play. http://www.physorg.com/news95613629.html Other Sciences - Economics Thu, 12 Apr 2007 16:20:29 EST news95613629