We’re not broke, we’re starving, says Brown School economist

A government shutdown is looming and many politicians who are claiming “we’re broke” are proposing short-term or long-term federal budget plans with steep budget cuts as the only option to reduce the deficit. “But it looks like budget deficits are being driven in part by a deliberate strategy to sustain them, so policymakers are forced to cut spending,” says Timothy McBride, PhD, economist and associate dean for public health at the Brown School at Washington University in St. Louis. “The evidence certainly supports the theory that the Republicans are using a strategy of ‘starving the beast,’” he says.

Social Security more essential than ever, WUSTL expert says

The meltdown of private pension plans, 401(k)s and Individual Retirement Accounts during the recession demonstrates that Social Security is more essential than ever, says Merton C. Bernstein, LLB, the Walter D. Coles Professor Emeritus at Washington University in St. Louis School of Law. Bernstein discussed the crucial role of Social Security in a report for the university’s Weidenbaum Center on the Economy, Government, and Public Policy.
Find ‘wisdom and wellness’ at annual Pow Wow April 9

Find ‘wisdom and wellness’ at annual Pow Wow April 9

The 21st annual Pow Wow at Washington University in St. Louis, a festival of American Indian cultures, will be held Saturday, April 9, in the Field House. This event, hosted by the Kathryn M. Buder Center for American Indian Studies at the Brown School, is free and open to the public. Visitors and participants will be able to enjoy dancing, singing, drumming, arts, crafts and food. Intertribal and contest dancing take place at 1 p.m. and 7 p.m. Traditional arts and crafts booths and community information booths open at 10 a.m.

Wal-Mart gender bias case will impact future class actions and employment discrimination cases

This summer, the Supreme Court will rule whether to allow the district court certification of the class action gender bias case against Wal-Mart. While much of the attention has focused on the enormous size of the class, the impact of the case is likely to be felt across a range of class action and employment discrimination cases, says Pauline Kim, JD, the Charles Nagel Professor of Law at Washington University in St. Louis and employment law expert. 

Veteran, humanitarian Rye Barcott to speak March 30

Rye Barcott, author of It Happened on the Way to War: A Marine’s Path to Peace, will present a lecture titled “Spark Change from Within” at 1 p.m. Wednesday, March 30, in Brown Hall Lounge. Barcott co-founded the non-governmental organization Carolina for Kibera while he was an undergraduate at the University of North Carolina at Chapel Hill.  

International Service and Higher Education symposium at WUSTL March 30-April 1

Leaders in higher education and international service will come together on the campus of Washington University in St. Louis March 30-April 1 for the International Service and Higher Education Symposium. “International service is not new to higher education, but it is at the threshold of a new era,” says Amanda Moore McBride, PhD, director of the Gephardt Institute for Public Service and research director for the Center for Social Development at Washington University.

Businesses still benefitting from hidden federal bailouts

The federal financial bailouts of the last few years received tremendous publicity, but multiple sources of “hidden bailouts” eluded notice, says Cheryl D. Block, JD, law professor at Washington University in St. Louis. Some hidden sources of federal financial rescue include new, expanded tax credits, the more liberal IRS interpretation of regulations, and “off-off budget” bailouts by quasi-governmental agencies such as the Federal Reserve Bank, according to research by Block.  
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