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Murray Weidenbaum

URL: http://news-info.wustl.edu/sb/page/normal/521.html

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Shula Neuman
Director, News and Information, Olin Business School and Department of Economics
sneuman@wustl.edu

(314) 935-5202

Edward Mallinckrodt Distinguished University Professor

Expertise: economy, government, public policy, President Reagan, Federal Trade Deficit Review Commission, economic policy, taxes, government spending, government regulation

Bio:
Weidenbaum
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Weidenbaum is honorary chairman of the Weidenbaum Center and Mallinckrodt Distinguished University Professor at Washington University. He is known for his research on economic policy, taxes, government spending, and regulation. In 1981-82, he served as President Reagan's first Chairman of the Council of Economic Advisers. In June 1999, he was named chairman of the Federal Trade Deficit Review Commission by the U.S. Congress. Weidenbaum created the Center for the Study of American Business in 1975, served as its director during most of the 1975-2000 period, and retired from the directorship at the end of 2000, when the Center was renamed the Weidenbaum Center. In 1981 and 1982, he was President Reagan's first chairman of the Council of Economic Advisers. In that capacity, he helped formulate the economic policy of the Reagan administration and was a key spokesman for the administration on economic and financial issues. During the years 1982-1989, he was a member of the President's Economic Policy Advisory Board.

WUSTL Contact Information:
Work:(314) 935-5662
E-mail:moseley@wustl.edu
Address:Campus Box 1027
One Brookings Drive
St. Louis, MO 63130-4899



News Stories & Tip Sheets:

Showing Stories 1 through 5 of 7.  - Show More
Doing business abroad

Global challenges to U.S. business is topic of Weidenbaum Center public forum, March 23 (http://news-info.wustl.edu/news/page/normal/9011.html)

March 14, 2007 -- Political developments affecting American business and new challenges and directions in political risk analysis will be the focus of a public forum from 8 a.m.-noon March 23 in the May Auditorium of Simon Hall on the Danforth Campus of Washington University.


WU's Eliot Society members honor great economist

Murray Weidenbaum receives coveted Search Award at 39th annual Eliot Society celebration (http://news-info.wustl.edu/news/page/normal/7117.html)

May 1, 2006 --
Weidenbaum
Weidenbaum
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Murray L. Weidenbaum, one of the country's most acclaimed economists and a distinguished Washington University professor for more than 40 years, received the Eliot Society's highest honor at the 39th annual William Greenleaf Eliot Society dinner on April 26. The event was held at the Ritz-Carlton Hotel in Clayton and included a keynote address by the celebrated Irish singing sensation Ronan Tynan.


Hot off the press

Former Reagan economic advisor says current defense budget is much smaller than during other wars (http://news-info.wustl.edu/news/page/normal/6883.html)

April 3, 2006 --
Current levels of defense spending represent less than 5 percent of the nation's gross domestic product (GDP), says Murray Weidenbaum, the Mallinckrodt Distinguished University Professor at Washington University in St. Louis. He says that the cost of today's war pales in comparison to military outlays of about 35 percent of GDP at the peak of World War II; 15 percent of GDP for the Korean War; 10 percent for Vietnam and 6 percent for the Gulf War. More... (http://news-info.wustl.edu/tips/page/normal/6883.html)


Advising Reagan

Weidenbaum memoir offers inside look at rise of Reaganomics (http://news-info.wustl.edu/news/page/normal/5438.html)

July 7, 2005 --
For nearly a quarter century, Murray Weidenbaum has said little about what it was like to serve as the first chairman of President Ronald Reagan's Council of Economic Advisers, a role in which he was a primary architect of policies later known as "Reaganomics." Now, one year after Reagan's passing, Weidenbaum has issued a brief memoir detailing his years as the president's chief economic adviser.


Pre-debate debate

Top Bush/Kerry advisers to debate candidates' economic plans (http://news-info.wustl.edu/news/page/normal/3966.html)

Oct. 4, 2004 -- The top economic advisers for President George W. Bush and Senator John Kerry will debate at 8 a.m. Oct. 8, the day of the second presidential debate, which will take place at Washington University in St. Louis. The event will be held at Lee Auditorium in the Missouri History Museum, Lindell Boulevard at DeBaliviere Avenue in St. Louis' Forest Park. John Berry, columnist for Bloomberg News, will moderate the debate between the two advisers.



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Clips:

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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.



Additional Background: Weidenbaum is honorary chairman of the Center and Mallinckrodt Distinguished University Professor at Washington University. He is known for his research on economic policy, taxes, government spending, and regulation. In 1981-82, he served as President Reagan's first Chairman of the Council of Economic Advisers. In June 1999, he was named chairman of the Federal Trade Deficit Review Commission by the U.S. Congress. Weidenbaum created the Center for the Study of American Business in 1975, served as its director during most of the 1975-2000 period, and retired from the directorship at the end of 2000, when the Center was renamed the Weidenbaum Center.

In 1981 and 1982, Professor Weidenbaum was President Reagan's first chairman of the Council of Economic Advisers. In that capacity, he helped formulate the economic policy of the Reagan administration and was a key spokesman for the administration on economic and financial issues. During the years 1982-1989, he was a member of the President's Economic Policy Advisory Board.

Murray Weidenbaum
Murray Weidenbaum
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Earlier, Professor Weidenbaum was the first Assistant Secretary of the Treasury for Economic Policy in the Nixon administration. He also served as Fiscal Economist in the U.S. Bureau of the Budget and as the Corporate Economist at the Boeing Company. He is a member of the boards of directors of Harbour Group, Macroeconomic Advisers, Tesoro Petroleum Corporation, Center for Strategic and International Studies, and the Annapolis Center.

He is a member of advisory boards of the Congressional Joint Tax Committee, the Center for Strategic Tax Reform, the American Council for Capital Formation, the American Enterprise Institute, the Committee for Economic Development, and the Foreign Policy Research Institute.

He received a B.B.A. from City College of New York, an M.A. from Columbia University, and a Ph.D. from Princeton University. He has been a faculty member at Washington University since 1964 and was the Chairman of the Economics Department from 1966 to 1969.

He is known for his research on economic policy, taxes, government spending, and regulation. He is the author of eight books, the latest being the sixth edition of "Business and Government in the Global Marketplace." His previous book, "The Bamboo Network," was a finalist in the 1996 competition for global business book of the year. His "Small Wars, Big Defense" was judged by the Association of American Publishers to be the outstanding economics book of 1992. He has written several hundred articles in publications ranging from American Economic Review to the Wall Street Journal. He is a Fellow of the National Association of Business Economists, Honorary Fellow of the Association for Technical Communication, and a past president of the Midwest Economic Association.

Professor Weidenbaum's international activities include serving as Chairman of the Economic Policy Committee of the Organization for Economic Cooperation and Development and lecturing at universities and research institutes throughout Western Europe and Asia. He received the National Order of Merit from France in recognition of his contributions to foreign policy. In 1989 he was a member of a Presidential Mission to Poland. In June 1999, he was elected chairman of the new Congressional Commission to Review the Trade Deficit.



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Related Links:
Weidenbaum's Web page (http://wc.wustl.edu/murrayweidenbaum.html)
WUSTL renames center for Weidenbaum (http://record.wustl.edu/archive/2000/12-01-00/articles/weidenbaum.html)
News tip: Weidenbaum on corporate governance (http://news-info.wustl.edu/tips/2002/business-law/corporate_confidence.html)
News tip: Weidenbaum on globalization (http://news-info.wustl.edu/tips/2002/business-law/globalization.html)

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