Business & Entrepreneurship

“The Tenth Circuit’s decision upholding the constitutionality of the ‘Do Not Call’ registry is a straightforward application of the Supreme Court’s commercial speech jurisprudence, but this may not be the end of the ‘Do Not Call’ list cases,” says Neil M. Richards, an expert in the fields of privacy law and constitutional law and an associate professor of law at Washington University in St. Louis. “It’s likely that the telemarketers will petition the Supreme Court to take the case, and I think there’s at least some chance that the Supreme Court might hear it,” he says. “Supreme Court commercial speech doctrine is confusing, and this would be an opportunity to clear up some of the confusion.”

Photo by Joe Angeles / WUSTL PhotoWashington University art students forge common ground with businesspeople.The perception is that art and business speak different languages, inhabit different worlds, and “orbit different suns,” says Jeff Pike, Dean of the School of Art at Washington University in St. Louis. But in reality, the visual arts play an active role in business culture, he says. The Washington University School of Art surveyed how artists and businesspeople view each other and came up with some important insights.

David Kilper/WUSTL PhotoHiring outlook looking good for 2004 grads.Overall hiring activity has increased in all industry sectors this year, according to Gregory Hutchings, Associate Dean and Executive Director of Career Resources at the Olin School of Business at Washington University in St. Louis. “Last year was probably one of the worst hiring markets for newly minted grads in the last 10 or 15 years, but we have seen a substantial increase in employers coming to campus this year with about a 30 to 40 percent increase,” says Hutchings.

Business, Law & Economics March Tip Sheet

Washington University faculty and staff make news around the world. Following is a representative sampling of media coverage from clippings and electronic sources. For the most recent clips, see the Clips Index

Washington University faculty and staff make news around the world. Following is a representative sampling of media coverage from clippings and electronic sources.

The John M. Olin School of Business at Washington University in St. Louis announces a new workshop series to support university and community entrepreneurs. The workshop series is part of the 2004 Olin Cup Entrepreneurship Competition. The goal of the competition is to support people interested in starting new business ventures. Fifty workshops are planned for the year ahead. The workshop series debuts this month with discussions on “Idea/Opportunity Evaluation.”

Richards”The Tenth Circuit’s decision upholding the constitutionality of the ‘Do Not Call’ registry is a straightforward application of the Supreme Court’s past rulings on commercial speech,” says Neil M. Richards, an expert in the fields of privacy law and constitutional law and an associate professor of law at Washington University in St. Louis. “Telemarketers are a business like any other, and when they engage in abusive and annoying conduct in their attempt to sell its products, they should be subject to consumer protection regulation just like any other business.”

Photo by Joe Angeles / WUSTL PhotoThe Truster hand-held “Emotion Reader.”Voice-stress analysis, an alternative to the polygraph as a method for lie detection, is already widely used in police and insurance fraud investigations. Now, however, it is being touted as a powerful and effective tool for an array of new applications — everything from screening potential terrorists in the nation’s airports to catching wayward spouses in messy marital disputes. Despite its booming popularity, recent federally sponsored studies have found little evidence that existing voice-stress technologies are capable of consistently detecting lies and deceptions. “You could have gotten better results by flipping a coin,” says Washington University in St. Louis psychologist Mitchell S. Sommers, lead investigator on a recent voice-stress study.

The European Union (EU) will impose trade sanctions on billions of dollars of U.S. goods starting March 1 if Congress fails to repeal an export subsidy ruled illegal by the World Trade Organization (WTO). The export subsidy provision — known as the “extraterritorial income” deduction — gives U.S. companies a big leg up on competitors, but is paid for by the U.S. taxpayer, said William J. Streeter, a professor of international business at the Olin School of Business at Washington University in St. Louis. Streeter says legislation to repeal the export subsidy that has yet to be passed by Congress is projected to save U.S. taxpayers $80 billion over the next decade, but will be offset by lower corporate taxes on the earnings of U.S. firms abroad.