Study indicates restraint in federal regulator’s budget and staffing

WarrenSpending by federal regulatory agencies is scheduled to decline when adjusted for inflation according to “Moderating Regulatory Growth: An Analysis of the U.S. Budget for Fiscal Years 2006 and 2007,” this year’s edition of the annual report on regulatory spending and staffing by the Mercatus Center at George Mason University and the Weidenbaum Center on the Economy, Government, and Public Policy at Washington University in St. Louis.

Winners of St. Louis’ first-ever social entrepreneurship business competition to be announced

The winners of the inaugural Social Entrepreneurship and Innovation Competition (SEIC) will be announced at a special awards ceremony held on Washington University’s campus. The competition is designed to foster growth for social entrepreneurs who craft innovative processes, approaches, and solutions to help resolve social issues. Over $100,000 is available to winners under a variety of categories.

Surgeons within the same hospital generate widely different costs

Bob Boston/WUSTL PhotoTwo surgeons at the same hospital perform the same operations on patients with similar medical histories. Their costs to the hospital are similar, right? Not necessarily. There could be a difference as high as 45 percent. New research from Washington University in St. Louis finds that even when controlling for complexity of the operation and patient risk, surgeons incurred a wide range of hospital costs. More…

How to tell if a company has a high IQ

Joe Angeles/WUSTL PhotoThere are companies that, like people, are smarter than others. Literally. A business professor at Washington University in St. Louis has developed a way to measure a company’s IQ based on how effective it is at innovating. Using data from SEC filings, a professor at the Olin School of Business, computed the IQs of all the publicly traded US firms that engaged in R&D. More…

Timing interest rates helps some firms meet analysts’ forecasts

Is it all about long-term growth or short-term gains? That’s the question some finance professors at Washington University in St. Louis set out to answer when they investigated why non-financial firms are timing the interest rate market. The answer: by swapping short term, flexible interest rates for long term, fixed contracts, or vice-versa, managers may be more likely to meet analysts’ forecasts. More…

Murray Weidenbaum receives coveted Search Award at 39th annual Eliot Society celebration

WeidenbaumMurray 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.
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