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Washington University in St. Louis News & Information > News Topics >

Business & Economics

Professors at the University's John M. Olin School of Business and Departments of Economics and Political Science are some of the best researchers, consultants, and instructors anywhere. They are experts in their fields who are up-to-speed with the latest trends in management, entrepreneurship, international business, financial markets, economics, econometrics, political economy, public policy, and technology. Our professors teach a curriculum that facilitates hands-on learning opportunities-entrepreneurial projects, total quality management improvements, international studies courses, and internships-that, in turn, make our business and economics faculty invaluable resources for journalists, schools, nonprofits, and companies looking for cost-effective consultants. The University's nationally-recognized Centers serve as think tanks for the generation and dissemination of information. These Centers connect you with important decision-makers, technological advances, and new ways of conducting business.
| Faculty Experts: |
Showing Business & Economics Experts 1 through 5 of 42.
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Clifford Holekamp
 Senior Lecturer in Entrepreneurship

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| Holekamp |
Cliff Holekamp grew up in Los Angeles, and worked as an account executive for IBM in Tennessee. Since coming to St. Louis in 1999, he has been a founder or board member of several start-up businesses in the fields of healthcare, retail, real estate, and education. In 2007, Professor Holekamp sold controlling ...

Expertise: entrepreneurship

Direct contact: (314) 935-6342
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holekampc@wustl.edu

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Richard Axelbaum
 Professor of energy, environmental and chemical engineering

Axelbaum is the Director of the Consortium for Clean Coal Utilization. He also heads the Laboratory for Advanced Combustion and Energy Research and has directed the Engineering section of the NASA Missouri Space Grant Consortium at Washington University in St. Louis since 1997. He served as the associate ...

Expertise: Clean coal, nanoparticles, nanotechnology, materials, synthesis, flames

Direct contact: (314) 935-7560
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rla@wustl.edu

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Charles Cuny
 Senior Lecturer in Finance

Professor Charles Cuny has published research on the role of growth on corporate capital structure, the impact of market volatility on the stock index-futures basis, the effect of portfolio manager compensation on turn-of-the-year stock prices, the design of futures contracts, valuing employee stock ...

Expertise: Capital structure, financial innovation, venture capital, employee stock options, stock index changes, corporate payout policy

Direct contact: (314) 935-4527
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cuny@wustl.edu

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Cheryl Block
 Professor of Law

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| Cheryl Block |
Cheryl Block is an expert in tax law and policy. Author of a leading book on corporate taxation, she has also written numerous articles on taxation, public policy relating to federal bailouts, legislative voting rules, social choice theory, federal budget process, and the interplay between tax and ...

Expertise: federal budget, tax law and policy, corporate taxation, federal bailouts

Direct contact: (314) 935-6444
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cblock@wulaw.wustl.edu

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Sergio Chayet
 Assistant Professor of Operations and Manufacturing Management

Chayet's area of expertise is in decision analysis, inventory control, production planning and scheduling and operations strategy. He also studies strategic planning for production and service organizations using queueing and game-theoretic models; control and management of manufacturing systems; ...

Expertise: Operations management, inventory control, production planning and scheduling, operations strategy, decision analysis.

Direct contact: (314) 935-6769
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chayet@wustl.edu

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Showing Business & Economics Experts 1 through 5 of 42.
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| News Stories & Tip Sheets: |
Showing Business & Economics Stories 1 through 3 of 290.
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Beyond the financial crisis
 Citi CEO Vikram Pandit offers career advice to Olin MBAs

Nov. 13,
2009 --
What happens when the CEO of one of the largest financial institutions in the world sits down to talk with MBA students? Olin Business School students had a long list of questions for Citi CEO Vikram Pandit when he visited recently. The discussion ranged from the financial crisis to reform, compensation to career choices. Pandit offered candid advice to the students with concerns about unemployment numbers and the loss of jobs on Wall Street.

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Cruise control
 Expert advises automakers to take it slow on road to recovery

Nov. 13,
2009 -- GM releases its first quarterly results post-bankruptcy on Nov. 16. U.S. auto sales in October equaled an annualized rate of 10 million vehicles. That's a steep drop from the 17 million cars sold each year from 1991-2007. Not even a robust recovery from the recession is expected to boost sales near previous highs. Bailouts, bankruptcies and cash for clunkers have helped keep the industry afloat this year. Yet, the reality of too many factories and workers remains as demand continues to dip. Supply chain expert Panos Kouvelis says auto makers need to keep the brakes on production and proceed with caution. Video available.

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Prize draws attention to new economic theory; criticism from traditionalists
 Douglass North speaks out on 2009 Nobel Prize in economics

Oct. 21,
2009 -- "A lot of people were horrified that it was the first time a political scientist got the prize," says Douglass C. North in a video interview on the 2009 Nobel prize in economics.
North, a 1993 recipient of the prestigious award, defends this year's winners, Elinor Ostrom and Oliver Williamson, as pioneers in the New Institutional Economics that uses an interdisciplinary approach to research. Traditional economists who favor formal mathematical model-based theory are critical of the institutional approach and Nobel recognition of the social sciences versus pure economics.
North talks about this year's winners, their work and New Institutional Economics in accompanying video.

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U.S. Census Bureau data on the medically uninsured simply can't be denied
Los Angeles Times

Sept. 17,
2009 -- Michael Hiltzik says the medically uninsured iin America have become a political football. Opponents and supporters of healthcare reform toss assertions about them back and forth.
The report, which says 46.3 million people lacked coverage as of the end of 2008, makes the case for reform stronger than ever by punching holes in arguments that minimize the plight of the uninsured.
Includes comments by WUSTL social work and public health professor Timothy McBride.

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Save the Whales! Abolish Patents!
Huffingtonpost.com

Sept. 16,
2009 -- WUSTL economics professor David Levine says abolishing 'intellectual property' won't solve all social ills, but it would be a big step in the right direction for solving a range of problems from the high cost of health care, to innovating our way out of the current recession. In a series of posts with his co-author, WUSTL economics professor Michele Boldrin, they will be posting here about green technology, entertainment, free speech, multinationals, and innovation over the next weeks.

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Why capitalism fails
The Boston Globe

Sept. 15,
2009 -- U. of Georgia historian Stephen Mihm writes about the late WUSTL economist Hyman Minsky, who "has begun emerging as perhaps the most prescient big-picture thinker about what, exactly, we are going through. A contrarian amid the conformity of postwar America, an expert in the then-unfashionable subfields of finance and crisis, Minsky was one economist who saw what was coming. He predicted, decades ago, almost exactly the kind of meltdown that recently hammered the global economy. "

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Jobless, and Fighting Hopelessness
The Washington Post
and 7 others

Sept. 14,
2009 -- Article on the impact of long-term unemployment.
One of those featured is Rick Rose, who lost his job at a non-profit.
After 15 months of unemployment, he was hired as marketing and communications manager for a new partnership between the Brookings Institution and the Olin Business School at WUSTL.
Includes comments by Jackson Nickerson, director of the Brookings-Olin partnership.

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Elusive price tag for universal health coverage
MSNBC.com

Sept. 10,
2009 -- How much is it going to cost to provide health care for all Americans? Until the details are complete, the only honest answer is: no one knows, reports John Schoen. "We know that the underinsured tend to be healthier," said Timothy McBride, associate dean for WUSTL's public health. "So if they were to get insured they would not be as expensive as the rest of us."

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Surgeon accused of faking study resigns
United Press International
and 1 others

Aug. 21,
2009 -- Timothy Kuklo, a former U.S. Army surgeon, "voluntarily" resigned from WUSTL, effective Sept. 30, and "will have no clinical, research or educational duties for the university between now and that date," a spokeswoman for the university's medical school said in a statement.

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Medical Imaging Under The Gun In Health-Reform Push
The Wall Street Journal
and 5 others

Aug. 14,
2009 -- Health-reform moves proposed by the White House and pursued in Congress have largely steered clear of direct hits to the medical-technology sector, with one big exception: medical imaging.
Such proposals follow years of rapid growth for medical scanning that has provoked questions about overuse.
William Peck, who directs WUSTL's Center for Health Policy, suggests the House legislation needs to get at the causes of overuse, such as doctors hedging against the threat of malpractice suits.

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Happiness: Staying positive in negative territory
USA Today
and 1 others

Aug. 6,
2009 -- Researchers suggest that unlike money, social experiences can provide happy memories, which don't wear away as fast as the rush of buying a new possession. But WUSTL [marketing professor Joseph Goodman] and a Texas colleague have found that negative experiences can have a more negative impact on happiness than other spending of a comparable amount.

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Vacation: What the Heck Is That?
MSN Money

June 26,
2009 -- Not taking some R&R could leave you carrying some heavy baggage down the line, bringing you and your company down. WUSTL entrepreneurship specialist Clifford Holekamp advises that shorter vacations are less stressful for small startups that are "very dependent on the founder to run the day-to-day operations."

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Jobs Had Liver Transplant
The Wall Street Journal

June 22,
2009 -- Steve Jobs, who has been on medical leave from Apple Inc. since January to treat an undisclosed medical condition, received a controversial liver transplant in Tennessee about two months ago. The chief executive has been recovering well and is expected to return to work on schedule later this month, though he may work part-time initially. WUSTL pancreatic and gastrointestinal surgery professor William Hawkins and surgery professor William Chapman both comment.

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Keeping a True Identity Becomes a Battle Online
The New York Times
and 3 others

June 18,
2009 -- Since Facebook started giving out customized Web addresses last Friday, some 9.5 million people have rushed to grab their top choice. But for people signing up for these accounts, the battle over domain names is taking place in murky waters. WUSTL student Jeremy Fancer comments.

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How to Win a Business Plan Competition
The New York Times

June 11,
2009 -- Since their advent in 1984, more than 50 American colleges and universities host business plan competitions, yielding prizes worth more than ever. Still, it's really not about the money, says Cliff Holekamp, a senior lecturer in entrepreneurship at WUSTL's Olin business school, which hosts multiple competitions, including the recently introduced Social Entrepreneurship and Innovation Competition, a do-good variation with a $150,000 prize pool.

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When Second Really Is the Best
U.S. News & World Report online

June 10,
2009 -- In industry after industry, entrepreneur after entrepreneur is saying the same thing: Being first can surely be an advantage, but so can being second. Those who follow a market leader can actually be more successful in most cases, says WUSTL business strategy professor Anne Marie Knott, who discusses second-to-market advantages on the first day of her entrepreneurial studies class.

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Former Army Doctor Accused of Research Fraud Takes Leave From University
The New York Times
and 6 others

May 26,
2009 -- Orthopaedic surgeon Timothy Kuklo, a former Army physician accused of falsifying research involving injured soldiers, has taken a leave of absence from WUSTL medical school and its affiliated hospitals.

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2009 Commencement Address Highlights
CBS Evening News

May 26,
2009 -- Public service has been a common theme at college commencement ceremonies around the country this past month. Sunday's CBS Evening News gives a sampling, including WUSTL's commencement speaker Wendy Kopp.

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Are Medical Residents Worked Too Hard?
Time.com

May 26,
2009 -- There has been much hand-wringing over the dangers of medical residents' grueling schedules. One recent study advised that a solution would be to reduce the length of their shifts. But many in the medical community, including residents themselves, worry that shorter shifts could come at the expense of educational opportunities and possibly even patient safety. Includes comments by WUSTL Department of Medicine chairman Kenneth Polonsky.

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Sen. Grassley investigating army surgeon who allegedly wrote bogus study of Medtronic graft
Los Angeles Times
and 8 others

May 20,
2009 -- Influential Senator Charles Grassley is investigating a former Army surgeon who the Army says forged signatures and falsified data in a study touting the benefits of an implant from Medtronic. Orthopaedic surgeon Timothy Kuklo retired from the Army in 2007 and is now a professor of orthopedic surgery at WUSTL. WUSTL spokeswoman Joni Westerhouse comments.

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Senator Seeks Data on Doctor Accused by Army of Falsifying a Product Study
The New York Times
and 1 others

May 19,
2009 -- A top Republican lawmaker has opened an inquiry into a former Walter Reed Army Medical Center doctor whom the Army has accused of falsifying a medical study involving a product made by Medtronic, a company for whom he works as a paid consultant. The doctor currently works as an associate professor at WUSTL Medical School.

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Doctor Falsified Study on Injured G.I.'s, Army Says
The New York Times
and 9 others

May 13,
2009 -- According to the Army, WUSTL orthopaedic surgery professor Timothy Kuklo, a former surgeon at Walter Reed Army Medical Center, who is a paid consultant for a medical company, published a study that made false claims and overstated the benefits of the company's product in treating soldiers severely injured in Iraq. A WUSTL official declined to say whether it was investigating Dr. Kuklo but added that he remained on the faculty.

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Is The FDA Easing Up?
Forbes

May 8,
2009 -- Matthew Herper reports on the controversy surrounding the FDA and its policy for approving new schizophrenia drugs. Includes comments by WUSTL psychiatry professor John Newcomer.

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