Education is people's most powerful tool for social progress and economic recovery. But inadequate access, due to financial constraints and lack of preparation, is hampering the efficacy of the postsecondary sector to advance economic and social progress. There are, however, signs of change. Ramping up investment in education is a pillar of U.S.…

Edited version of an article which appeared in University of Wisconsin Library News, April 1969.

In this paper we present an application of statistics using real stock market data. Most, if not all, students have some familiarity with the stock market (or at least they have heard about it) and therefore can understand the problem easily. It is the real data analysis that students find interesting. Here we explore the building of efficient…

A long-term decline in state-government funding and an increase in funds from other sources are creating the need for broader types of expertise on boards of public universities. Public universities are becoming increasingly market-driven and consequently must deal with a broader base of stakeholders. As a result of these changes, public boards…

The government increased the funding for regional development agencies to 2.3 billion British Pounds in 2007/8, yet hard evidence on the effectiveness of the spending is difficult to find. Techniques for valuing benefits in difficult areas have existed for many years. They range from the hedonic methods and contingent valuation studies of…

The authors describe a classroom experiment that illustrates the research and development investment incentives facing firms when technological spillovers are present. The game involves two stages in which student "sellers" first make investment decisions and then production decisions. The classroom game can be used to motivate…

States are faced with the difficult challenge of increasing college completion rates at a time of historic budget shortfalls. While most agree that increasing the education level of U.S. citizens is essential to future economic prosperity (and public revenue collection), institutions will need to meet the goal through the more efficient use of…

Over half of the world's population lives on less than $2 a day, and yet international business education to date has continued to ignore the not so well-off customers. We propose a holistic pedagogical approach to studying this market by considering the historical background of the growth of inequality and poverty in different regions of the…

Experimentally naive mice matched the proportions of their temporal investments (visit durations) in two feeding hoppers to the proportions of the food income (pellets per unit session time) derived from them in three experiments that varied the coupling between the behavioral investment and food income, from no coupling to strict coupling.…

Investors are interested in the volatility of a stock for various reasons. One investor may desire to purchase a low volatility stock for peace of mind. Another may be interested in a high volatility stock in order to have the opportunity to buy low and sell high as the price of the stock oscillates. This author had the fortunate timing of reading…

The return of college endowments from the depths of the market earlier this decade continued to gain momentum. Endowments returned an average of 10.7 percent in the 2006 fiscal year, up from the previous year's return of 9.3 percent. The largest endowments earned the best returns, allowing the wealthiest of colleges to put even more distance…

Making college education more affordable is a central goal of the Obama Administration and has been a focus of Vice-President Biden's Taskforce on the Middle Class. To that end, the Task Force asked U.S. Treasury Department to prepare this report on how to make Section 529 college savings plans a more effective and reliable tool for families to…

Quality afterschool programs are improving and transforming the lives of children and youth across the nation. Research shows that afterschool programs keep kids safe, inspire them to learn and help working parents. They give children opportunities to see new worlds, put school lessons into practice, discover their talents and explore career…

In order for families to support themselves, parents must have access to jobs and the ability to consistently go to work to keep them. Current economic hardships highlight even more clearly this critical connection. One barrier that prevents many working parents from maintaining employment and supporting their families is access to child care. A…

This article documents a trip that was made by students from the University of Akron's College of Business to visit Warren Buffett, chairman and CEO of Berkshire Hathaway and the second richest man in the world at his Global Headquarters in Omaha, Nebraska. Every year, Buffett invites a select number of schools to Omaha to visit with him and tour…