Federal package ‘not enough’
The $2 trillion plan to prop up a pandemic-reeling United States, amid the news that there were 3.3 million unemployment claims lodged in the previous week, is expected to pass the House on March 27. An array of Washington University in St. Louis experts offer perspectives on the plan.
Handing out checks gives ‘no overall economic benefit’
The U.S. Senate, with significant prodding from the Trump administration, is working on a plan to directly provide cash assistance to millions of Americans amid the economic fallout from the COVID-19 pandemic. Experts in economics and finance from Washington University in St. Louis’ Olin Business School weigh in on how it could help housing and households and maybe pay some bills — but still not answer the problems at hand.
Olin faculty evaluate coronavirus on U.S. businesses, economy
Olin Business School faculty at Washington University in St. Louis offer perspectives on the economic, financial and everyday business reactions to the novel coronavirus outbreak.
Mastercard awards Social Policy Institute $1.5 million grant
The Mastercard Impact Fund recently awarded the Social Policy Institute (SPI) at Washington University in St. Louis a three-year, $1.5 million grant. Mastercard’s founding partnership of the SPI will further strengthen the institute’s ability to use research and data science to impact social policy and to promote inclusive growth in the St. Louis community and beyond.
Recessions, like earthquakes, are impossible to predict confidently
Some economic observers continue to warn about signs of a potential U.S. recession. Glenn MacDonald, the John M. Olin Distinguished Professor of Economics and Strategy at Olin Business School at Washington University in St. Louis, says many signs aren’t particularly reliable — but keep an eye on housing starts.
Social Policy Institute launches at Washington University
The newly formed Social Policy Institute at Washington University in St. Louis will bring together the best research evidence from across disciplines to solve real-world challenges. The institute launches Sept. 24.
WashU Expert: Gig economy bill would have broad implications for American labor
Lawmakers in California have approved a bill that could pave the way for gig economy workers, such as Uber and Lyft drivers, to be reclassified as employees and not contract workers. If the bill becomes law, it will have broad implications for labor in America, says Pauline Kim, an employment law expert in the School of Law.
Medicare drug plan’s design keeps federal subsidies in check
In a new study involving a researcher from Washington University in St. Louis’ Olin Business School, the co-authors discovered something they say surprised them: Medicare Part D’s setup actually inhibits insurers from seeking higher subsidies from the government. It keeps subsidies in check by virtue of the way it’s designed.
July 4 skies ‘could be empty’ in 2020 over trade war with China
If the proposed Trump Administration tariffs are imposed and continue into 2020, China’s likely strategy will be to use fireworks as a “political toy” heading into the election season, says a Washington University in St. Louis expert on international trade.
Grant expands support for minority, women-owned startups
JPMorgan Chase & Co. recently awarded Washington University’s Skandalaris Center for Interdisciplinary Innovation and Entrepreneurship a $100,000 planning grant as part of its Ascend 2020 Initiative.
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