What will it take to build an antifragile economy in Phoenix?
The Great Recession that hit in 2008 revealed the fragility of the Phoenix metropolitan area’s once-booming economy in the years preceding the dramatic downturn. Business community leaders have since sought to lay foundations for a more sustainable regional economy. ASU has been a big part of the effort to create an “antifragile” economy, with the Fulton Schools playing a major role. Startup companies that have grown out of research advances by Fulton Schools Associate Professor Mariana Bertoni and Assistant Research Professor Stanislau Herasimenka exemplify the kinds of promising ventures that foster economic resilience. Fulton Schools Dean Kyle Squires and business leaders point to other endeavors that are providing a highly skilled, well-educated and diverse workforce and a climate of innovation that are attracting new industry to the region. The article in AZ Big Media is also the cover story in the most recent edition of ASU Thrive magazine.