http://knowledge.wharton.upenn.edu/ Knowledge@Wharton is an online resource that offers the latest business insights, information, and research from a variety of sources. Content includes analysis of current business trends, interviews with industry leaders and faculty, articles based on the most recent business research, book reviews, conference and seminar reports, and links to other websites. en-us Copyright (c) 2012 The Wharton School of the University of Pennsylvania http://www.wharton.upenn.edu/faculty/no_pic.gif http://www.wharton.upenn.edu/faculty/ 125 45 Wharton Faculty Research Law and Public Policy http://knowledge.wharton.upenn.edu/article.cfm?articleid=2485&source=rss Arizona's controversial new immigration law reflects a sharp political response to long-simmering conflict over immigration policy in a nation that takes pride in its history as a society built with the help of people from many lands. Wharton faculty say the timing of the legislation is in part a reaction to stress brought on by the economic downturn, even as declining demand for labor has slowed immigration into the United States. They and others debate the economic effects of the legislation on employers, employees and future immigration policy. Wed, 12 May 2010 15:14:35 EST Finance and Investment http://knowledge.wharton.upenn.edu/article.cfm?articleid=2309&source=rss From California to Connecticut, the global recession has squeezed state finances, forcing many state governments to slash services, raise taxes or find unusually creative ways to close the gap. According to experts, the widespread budget shortfalls -- expected to continue through at least 2011 -- threaten to put a drag on the nation's economic recovery and undermine President Obama's stimulus plan. "The states aren't really playing the game like Obama hoped they would," says one Wharton finance professor. Wed, 05 Aug 2009 16:41:52 EST