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

Economics

Distinguished economists at Washington University in St. Louis include faculty members at both the John M. Olin School of Business and in the Department of Economics and Department of Political Science in the university's College of Arts & Sciences, including Nobel Laureate Douglass North. Centers of economic thought and analysis complement a distinguished faculty and rigorous undergraduate and graduate programs of study in economics.
| Faculty Experts: |
Showing Economics Experts 1 through 5 of 28.
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Alfred Darnell
 Visiting lecturer in political science

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| Alfred Darnell |
Alfred Darnelll has extensively researched the politics of indigenous peoples of the North (Alaska Natives, Canadian Inuit, Scandinavian Sami), but especially Alaska's population, having completed a book manuscript on the political-cultural processes of creating Alaska Natives as a category and population. ...

Expertise: Politics, Alaska, cultures, native people

Direct contact: (314) 935-7455
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adarnell@wustl.edu

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Sukkoo Kim
 Associate Professor of Economics

Professor Kim's research focuses on urban and regional economics, economic history, trade and development. He studies the growth of the United States economy from the mid-1800s to the present, specifically looking at issues related to labor, immigration, regulation and business structure. Kim also ...

Expertise: urbanization, economic development, economic history, labor, industrialization, industrial revolution, immigration, …

Direct contact: (314) 935-4961
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soks@wustl.edu

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Barak Aharonson
 Visiting Assistant Professor of Organization and Strategy

Professor Aharonson's research focuses on patterns of technological competition and cooperation among firms, and their influence on the firm's behavior. His current projects examine a firm's behavior and knowledge flows in geographic agglomerations, technological space and networks. Aharonson's professional ...

Expertise: Business policy and strategy, microeconomics, industrial organization, management strategy, corporate strategy, geographic agglomerations, technological clusters, …

Direct contact: (314) 935-4846
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aharonson@olin.wustl.edu

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Michele Boldrin
 Joseph Gibson Hoyt Distinguished Professor in Arts and Sciences and chair of the Department of Economics

Professor Boldrin is an economist with a broad range of interests. His work includes research in business cycles and asset pricing; growth and demographic change; innovation and intellectual property; and public policy and the welfare state. Boldrin is a fellow of the Econometric Society. He is also ...

Expertise: Public policy, foreign policy, economic crisis, economic growth, innovation, business cycles, intellectual property, …

Direct contact: (314) 935-5636
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mboldrin@artsci.wustl.edu

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David K. Levine
 John H. Biggs Distinguished Professor, economics

Levine has a particular interest in voter participation; issues relating to intellectual property including copyright, patent and Internet policy; and asset markets and credible payment schemes. He is a Fellow of the Econometric Society and president of the Society of Economic Dynamics. Levine and ...

Expertise: Game theory, general equilibrium theory, microeconomic theory, intellectual property and asset markets

Direct contact: (314) 935-5648
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levine@wustl.edu

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Showing Economics Experts 1 through 5 of 28.
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| News Stories & Tip Sheets: |
Showing Economics Stories 1 through 3 of 100.
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A "Minsky moment"
 WUSTL economist says the time is nigh: Unsustainable financial boom turns to bust

Sept. 26,
2008 --
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| Fazzari |
WUSTL economist Steven Fazzari, Ph.D., argues that we have now reached the "Minsky moment," the time when an unsustainable financial boom turns to bust. "The serious consequences for employment and economic growth in this crisis can be mitigated, but not eliminated, by the defensive financial bailouts that the federal government has initiated," Fazzari says.

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Are candidates addressing the deepening recession?
 WUSTL economist Fazzari to discuss consumer impact on current crisis

Sept. 17,
2008 --
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| Fazzari |
Fazzari, Ph.D., professor of economics and associate director of the Weidenbaum Center on the Economy, Government, and Public Policy in Arts & Sciences, will discuss the conditions that have contributed to the economic turmoil, and share his research regarding what's in store for the future in his Assembly Series presentation, "The U.S. Economy in the Consumer Age." His conclusion will cover a discussion of how, if at all, the major policy steps proposed by the presidential candidates address the deepening recession. The event, free and open to the public, will be held at 4 p.m. Wednesday, September 24, in the Women's Building, Formal Lounge.

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Fannie, Freddie and me
 Finance expert comments on the mortgage giants' federal bailout and the impact on taxpayers, shareholders, the mortgage market and the confidence of the American people

Sept. 8,
2008 -- Now that the U.S. government has taken the controls of distressed mortgage giants Fannie Mae and Freddie Mac, American taxpayers facing billions of dollars in losses in home loans issued by the private sector are left wondering, "What does this mean for me?"

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Showing Economics Stories 1 through 3 of 100.
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How will the plan work?
Chicago Tribune
and 2 others

Sept. 22,
2008 -- The Bush administration is expected to seek sweeping new powers from Congress next week to pull off its still-sketchy rescue plan. The bailout could operate through a newly formed federal agency, in the same vein as the Resolution Trust Corp., which was established two decades ago to unwind failed thrifts.
WUSTL banking professor Stuart Greenbaum comments.

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Too Few Regulations? No, Just Ineffective Ones
The New York Times
and 1 others

Sept. 15,
2008 -- Commentary on governmental regulation during the Bush administration, including a mention of study on regulatory spending co-authored by Melinda Warren, director of the WUSTL's Weidenbaum Center Forum.

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Republicans tense as voter disillusionment sets in
USA Today

May 20,
2008 -- Iraq is one of several tides running against GOP candidates, driving away independent voters and some party faithful. Except for Missouri, independent voters in five Senate races polled by USA Today were swinging toward the Democrat. Party loyalty was stronger among Democrats than Republicans in every state but Ohio. Michael Minta, professor of political science in Arts & Sciences, comments on how the stem cell research issue is dividing Republicans in Missouri.

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Consumer Debt, Not Housing Bubble, May Be Root of Economic Woes
ConsumerAffairs.com

April 2,
2008 -- WUSTL's Steven Fazzari, economics professor, comments on rising consumer indebtedness and it's role in the economic slowdown. Fazzari sees fundamental changes in the economy that are reducing the effectiveness of consumer spending as an economic driver.

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George W. Bush: The bygone American
The Globe and Mail (Canada)

March 31,
2008 -- All presidents in the final year of a final term are lame ducks, but the media now is mostly ignoring Bush and focusing more on the battling candidates. WUSTL economics professor Murray Weidenbaum comments.

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Fed Bank Appoints Bullard as President
The Wall Street Journal

March 26,
2008 -- The Federal Reserve Bank of St. Louis, has appointed as president James Bullard, an 18-year veteran of the bank's research staff and an adjunct faculty memeber at WUSTL.

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Order in the jungle - Economics and the rule of law
The Economist

March 17,
2008 -- Article refers to the theory of WUSTL economist Douglass North and his view that stable, predictable laws encourage investment and growth.

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WUSTL researcher sees link between gas prices and waistlines
St. Louis Post-Dispatch
and 82 others

Sept. 14,
2007 -- David Nicklaus writes about WUSTL researcher Charles Courtemanche's study on gas prices and obesity.

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Oil Prices Retreat After Reaching New Highs
Voice of America

Sept. 14,
2007 -- Americans are accustomed to seeing gasoline prices drop in the months of September and October, but that may not happen this year, according to some analysts.
What effect does expensive gasoline have on ordinary Americans? Researchers at WUSTL say they have found that when gasoline prices go up, obesity rates in the United States go down.
In addition, higher energy costs leave Americans with less cash to spend at restaurants and at the grocery store.

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In time of tumult, obscure economist gains currency
The Wall Street Journal

Aug. 20,
2007 -- The recent market turmoil is rocking investors around the globe. But it is raising the stock of one person: a little-known economist named Hyman Minsky, whose views have suddenly become very popular.
Minsky, who taught economics at WUSTL and died more than a decade ago, spent much of his career advancing the idea that financial systems are inherently susceptible to bouts of speculation that, if they last long enough, end in crises. At a time when many economists were coming to believe in the efficiency of markets, Mr. Minsky was considered somewhat of a radical for his stress on their tendency toward excess and upheaval.
Former WUSTL economics professor Laurence Meyer and current economics professor Steven Fazzari comment.

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Bush domestic proposals address some Democratic concerns but will still be a hard sell
Associated Press
and 17 others

Jan. 24,
2007 -- WUSTL presidential rhetoric specialist Wayne Fields is one of several experts analyzing the content and presentation of President Bush's State of the Union speech.

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Bush speech lacks knockout blow: analysts
Agence France Presse -- English
and 2 others

Jan. 24,
2007 -- WUSTL political science professor Steven Smith is one of several experts analyzing the content and presentation of President Bush's State of the Union speech.

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Commentary: Laureate Phelps
The Wall Street Journal

Oct. 18,
2006 -- Hoover Institution research fellow David Henderson writes about the work of Edmund Phelps, this year's Nobel laureate in economics. Phelps collaborated with Robert Pollak on his capital formation research. Pollak is now an economics professor at WUSTL.

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The Right's New Deal for the Gulf Coast
BusinessWeek.com

Sept. 22,
2005 -- Article looks at the Gulf reconstruction plan announced by President Bush.
Bush's vision of stimulating business investment to lift thousands out of poverty is a far cry from classic Washington-directed pump-priming. Instead, it is something of a conservative New Deal, a radically rethought version of Big Government that bends its spending to conservative goals: lower taxes, less regulation, more local control, and bootstrap capitalism.
WUSTL social work professor Michael Sherraden comments.

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Colleges Scramble to Plan Events to Comply With Federal Mandate for Constitution Day
Chronicle of Higher Education

Sept. 2,
2005 -- A new federal law that requires colleges to present educational programming about the U.S. Constitution every September 17 has many institutions scrambling to develop programs just as the academic year is getting under way.
Reaction to the mandate has varied. Some colleges, like WUSTL, are using the occasion to organize major events. But most are simply playing host to a speech or holding a panel discussion.
WUSTL will use the day as a chance to formally open the Richard A. Gephardt Institute for Public Service. The event will feature an Assembly Series lecture by economist Hernando de Soto and a speech by Mr. Gephardt, a former Democratic congressman from Missouri. WUSTL political science professor emeritus James Davis, director of the center, comments.

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AFL-CIO faces rebellion within ranks at convention -- CORRECTION
Reuters
and 1 others

July 21,
2005 -- U.S. labor leaders fighting declining membership and influence are facing a rebellion from within the ranks that could weaken or even splinter the 50-year-old AFL-CIO, the largest U.S. union coalition.
WUSTL economics and strategy professor Glenn MacDonald comments on the potential impact of a split in the AFL-CIO.
(NOTE: Reuters misidentified Professor MacDonald's first name as John.)

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Study: relocation depends on husband
United Press International
and 6 others

March 10,
2005 -- WUSTL economists have found that even if a married woman has a college degree, relocation still depends heavily on whether her husband is a college graduate. WUSTL economics doctoral candidate and study co-author Janice Compton says the findings could mean disparities in professional salaries are likely to continue.

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