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Washington University in St. Louis News & Information > Faculty Experts at Washington University in St. Louis >

Joseph Gibson Hoyt Distinguished Professor in Arts and Sciences and chair of the Department of Economics
Expertise: Public policy, foreign policy, economic crisis, economic growth, innovation, business cycles, intellectual property, welfare, property rights, education
Bio:
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 a research associate of the Center for Economic Policy Research in London and for FEDEA in Madrid. Boldrin and WUSTL colleague David K. Levine, the John H. Biggs Distinguished Professor in the Department of Economics, are co-authors of a new book, "Against Intellectual Monopoly" (2008, Cambridge University Press), in which they argue for elimination of current patent and copyright systems.
WUSTL Contact Information:
Education:
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Ph.D. in Economics at University of Rochester
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M.A. in Economics at University of Rochester
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B.S. in Economics at Universita di Venezia

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New book calls intellectual property an unnecessary evil
 Economists say copyright and patent laws are killing innovation; hurting economy

March 5,
2009 -- Patent and copyright law are stifling innovation and threatening the global economy according to two economists at Washington University in St. Louis in a new book, Against Intellectual Monopoly. Professors Michele Boldrin and David K. Levine call for abolishing the current patent and copyright system in order to unleash innovations necessary to reverse the current recession and rescue the economy. The professors discuss their stand against intellectual property protections in a video and news release linked here.

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Call for reforms and lower tax rates to boost economy
 Economists object to Obama stimulus plan

Jan. 30,
2009 --
In a full-page ad published in major newspapers Jan. 29, more than 200 economists — including two from Washington University in St. Louis — politely reject President Obama's stimulus package calling for increased government action to jumpstart the economy.

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A solution to social security and education funding: it's all part of the cycle of life
 Bringing new meaning to student loans

Nov. 1,
2007 --
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| Bill Michalski/WUSTL Publications |
| A loan finances a young person's education. Twenty years later, that child is working, contributing to the economy and paying off their loan. As they repay, the capitalized value of the loan pays back their debt to the previous generation in the form of a pension. |
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Funding social security and education are often thought of as separate issues. But the two issues should be linked, says economist Michele Boldrin, the Joseph Gibson Hoyt Distinguished Professor in Arts & Sciences at Washington University in St. Louis. In the same way that younger generations take care of their elders as a kind of "return" on their parent's investment, so too can the U.S. invest in the educational needs of its children and have the accumulated debt be paid off to retirees when it comes due.

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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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