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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 24.
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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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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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Gerrit De Geest
Professor of Law
De Geest specializes in comparative law and in law and economics. As a member of the European Group on an Integrated Contract Law and of the Economic Impact Group of the Common Principles of European Contract Law, De Geest has delved extensively into these issues and has served as the president of ...
Direct contact: (314) 935-7839
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degeest@wulaw.wustl.edu
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Brian McManus
Assistant Professor of Economics
Professor McManus studies industrial organization and economics. His research interests include industrial organization, empirical economics and theoretical economics. Some of his work has focused on the economics and pricing of infertility treatment in the United States. Prior to joining the Olin ...
Expertise: pricing, infertility, industrial organization, marketing, econometrics
Direct contact: (314) 935-4915
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mcmanus@wustl.edu
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Showing Economics Experts 1 through 5 of 24.
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| News Stories & Tip Sheets: |
Showing Economics Stories 1 through 3 of 112.
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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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What spooks the stock market in October?
Ripening pumpkins, sunspots and scratching dogs may be best indicators of next crash
Oct. 5,
2009 --
What do ripening pumpkins, sunspots and scratching dogs have to do with stock market crashes in the month of October? Just ask Washington University in St. Louis economics professor Stephen Williamson. He proposes three theories on why the stock market might tend to crash in October as it did so famously in 1929, 1987 and 2008.
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Census Bureau to release health insurance numbers Sept. 10
Discrediting official uninsured estimates only minimizes the real health care problem, says health economist
Sept. 3,
2009 --
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| McBride |
The health reform debate to date has been characterized by a lot of confusion and misinformation. "The conclusion that most of the uninsured either are voluntarily uninsured or do not need assistance is erroneous," says Timothy McBride, Ph.D., leading health economist and associate dean of public health at the George Warren Brown School of Social Work at Washington University in St. Louis. The Census Bureau will announce the official health insurance estimates on Thursday, Sept. 10. According to McBride, because of the economic downturn, the number of uninsured may top 50 million.
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Showing Economics Stories 1 through 3 of 112.
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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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NYUers paper clipped
New York Post
and 1 others
Sept. 11,
2009 -- NYU, one of the most expensive higher-education institutions in the country, has resorted to rationing paper and charging students for printouts in order to cut costs.
Seething students derided the measure, which kicks in after a student surpasses a 500-page printout limit per semester, as a cheap shot.
Similar measures have been introduced at dozens of smaller colleges -- and this year at the larger WUSTL -- for economic and environmental benefits.
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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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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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The Princeton Review gives 623 colleges financial aid ratings
The Princeton Review
July 28,
2009 -- The Princeton Review -- an education services company that helps students choose and get in to colleges -- this year collected a wealth of data to help applicants and parents find the highly-coveted financial aid that a majority of them will need to pay for college. WUSTL was among 13 of which received the highest possible score of 99.
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Despite everything . . . Americans are seeing better times ahead
USA Today
and 2 others
June 23,
2009 -- Americans say they're still in a tunnel, but more are beginning to see a light at its end. Fewer people say they've prospered over the past year than in decades, a USA TODAY/Gallup Poll finds. WUSTL social work professor Mark Rank comments on the 'American Dream.'
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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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What's Next: Ultrasound Images Via Cellphone
The Washington Post
May 12,
2009 -- WUSTL engineers led by computer science professor William Richard have created a USB-based ultrasound probe that can connect to a smartphone, creating a low-cost ultrasound imaging platform.
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Bright Spot in Downturn: New Hiring Is Robust
The New York Times
and 3 others
May 6,
2009 -- Everyone knows the grim news — unemployment in the United States has jumped to 8.5 percent, a 25-year high, and is racing toward double digits. But not everyone knows the brighter side to the equation: deep in the maw of the deepest recession since the Great Depression, millions are still being hired. Like many educational institutions, WUSTL continues to hire. It has 175 job openings in admissions, residential life and other areas.
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Justices Limit Use of Identity Theft Law in Immigration Cases
The New York Times
and 3 others
May 5,
2009 -- The Supreme Court rejected a favorite tool of prosecutors in immigration cases, ruling unanimously that a federal identity-theft law may not be used against many illegal workers who used false Social Security numbers to get jobs. WUSTL immigration law professor Stephen Legomsky comments.
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Flu control tests Obama balancing skills
Associated Press
and 47 others
May 4,
2009 -- When it comes to swine flu, Obama is trying to strike the right balance between protecting public and economic health. That's resulted in some doublespeak and spin, evidence of the inextricable ties between a looming epidemic and a listing economy. Includes comments by WUSTL American culture studies director Wayne Fields, who is an expert on presidential rhetoric.
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How Being Materialistic Can Actually Make You Happy
U.S. News & World Report online
May 1,
2009 -- Consumer behavior and psychological research has found all sorts of counterintuitive lessons about how we shop. So it's not surprising that a forthcoming study in the Journal of Consumer Research shatters some myths about materialism. Includes comments by WUSTL marketing professor Joseph Goodman, study co-author.
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Defendants, With Assets Frozen, Find It Tough to Hire Attorneys
The Wall Street Journal
April 3,
2009 -- Some defendants with frozen assets are having trouble hiring lawyers. WUSTL law professor Sam Buell, a former federal prosecutor comments.
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Break It to 'Em Gently: Telling Kids About Financial Woes
The Wall Street Journal
March 25,
2009 -- Advice for parents explaining to children what changes may need to take place when a family faces economic hardship. WUSTL senior consultant and author Karen Levin Coburn.
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Get ready for a wave of bank failures
CNNMoney.com
Feb. 23,
2009 -- In less than two months, regulators have seized 14 banks. Experts think many more banks will collapse before the financial crisis is over. "We'll have a banner year [of failures] this year," said Stuart Greenbaum, retired dean and professor emeritus at the WUSTL's Olin Business School.
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Who Gets What: Billions to colleges and students
Associated Press
and 56 others
Feb. 9,
2009 -- The stimulus plan emerging in Washington could offer an unprecedented, multibillion-dollar boost in financial help for college students. Both the House and Senate bills call for the largest-ever funding increase for Pell Grants, the government's chief college aid program for low-income students. It could also hand out billions to the states to kick-start idled campus construction projects, including new dorms at WUSTL.
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Southern Mo. targeted for uranium drilling
Associated Press
and 70 others
Feb. 3,
2009 -- According to one geologist, southeast Missouri could hold one of the biggest deposits of undiscovered uranium in the U.S. Includes comments by WUSTL earth and planetary sciences professor Bob Criss.
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