Prior to joining the Olin Business School, MacDonald was professor of economics and management at the W. E. Simon School of Business, University of Rochester, and professor of economics at the University of Western Ontario. He has worked with many companies, including Bausch & Lomb, Carrier, Chase Manhattan Bank, Corning, Eastman Kodak, Harris Corporation, General Motors, IBM, Litton Industries, Rochester Gas and Electric, Frontier Communications, Xerox and Xerox’s PARC.
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.
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.
Washington University in St. Louis experts from all corners of academia long have been studying climate change in the context of their own fields. Here is a sampling of their perspectives on the National Climate Assessment released Nov. 23.
American Airlines’ plan to lay off more than
13,000 employees and eliminate all four of its pension plans as part of
its bankruptcy reorganization could eventually spell the end of the
airline and leave its pilots with dramatically reduced pensions, say two
experts at Washington University in St. Louis.