Business & Entrepreneurship

The current controversy over the Barack Obama administration’s birth control policy is not, contrary to some arguments, a matter of constitutional law, says Gregory P. Magarian, JD, constitutional law expert and professor of law at Washington University in St. Louis. It is however, a matter of Constitutional principle, Magarian says.

The U.S. Constitution’s global influence is on the decline, finds a new study by David S. Law, JD, PhD, professor of law at Washington University in St. Louis. “Other countries are increasingly turning to sources other than the U.S. Constitution for guidance in establishing human rights provisions and for general structural provisions in creating their constitutions,” he says. Law, with co-author Mila Versteeg, DPhil, associate professor of law at the University of Virginia, analyzed 60 years of data on the content of the world’s constitutions. “The data revealed that there is a significant and growing generic component to global constitutionalism, in the form of a set of rights provisions that appear in nearly all formal constitutions,” Law says. “Our analysis also confirms, however, that the U.S. Constitution is becoming increasingly out of sync with these global practices.

Mike McLaughlin has had a difficult life. The MBA student at Olin Business School at Washington University in St. Louis was emotionally and physically abused as a child at the hands of his mother and stepfather — a tragedy in its own right but one in which he says helped prepare him for his next big challenge: through-hiking the Appalachian and Ozark trails back-to-back.

Will stock in Facebook, which recently filed for initial public offering (IPO), drop significantly following the end of its IPO lock-up period later this year? It might if the company follows recent trends, finds a new study by graduate students at Washington University in St. Louis.

The American public exhibits deep partisan divisions about the direction that federal fiscal policy should take, finds a new national survey from the Weidenbaum Center at Washington University in St. Louis. The American Panel Survey will take place monthly, and will measure shifts in attitudes over time.

Washington University in St. Louis will host the “Work & Livable Lives Conference” Feb. 27 and 28 to address current employment-related challenges and how they limit the ability of U.S. households to lead secure and stable lives, raise children successfully, and contribute to the community.  The conference will include panels on household financial fragility, measurement of economic security, the American Dream, labor and employment policy, and health policy and employment. All conference events will be held in the Bryan Cave Moot Courtroom of Anheuser-Busch Hall and are free and open to the public.

A proposal by two WUSTL students to introduce turf reduction, large bio-swales, more cisterns and even sheep “lawnmowers” to campus as part of plan to make landscaping more sustainable at the university won the $5,000 first prize in the annual Olin Sustainability Case Competition.

The City of New York recently subpoenaed a Twitter account as part of an ongoing Occupy Wall Street criminal case. The Occupy protester named in the case is challenging the subpoena. Privacy law expert Neil Richards, JD, professor of law at Washington University in St. Louis, says that it’s not surprising that law enforcement groups are interested in accessing the volume of records relating to our speech that social media platforms generate. “By and large, this data should remain private, and online companies should keep the data confidential and not share it any more broadly than we as users and speakers want it to be shared,” Richards says.

WUSTL anthropologist Peter Benson’s new book, Tobacco Capitalism, examines the impact of the transformation of the U.S. tobacco industry on farmers, workers and the American public. The book reveals public health threats, the impact of off-shoring, and the immigration issues related to tobacco production, specifically in the rural, traditional tobacco-growing areas of North Carolina. “There are whole groups of people — farmers and farm workers — in our society who dedicate themselves to growing a crop that is vilified,” Benson says.

Facebook’s initial public offering (IPO) filing shows real numbers for profit and revenues, which are likely to drive a valuation that could be as high as $100 billion.This astronomical number does require some aggressive assumptions about future growth, but the high valuation may be more justified than for other internet companies, says Mark T. Leary, PhD, assistant professor of finance at Washington University’s Olin Business School.