For courses in Business and Government.
This book addresses the intricate relationship between the public and the private sector, covering why and how government intervenes in the economy and how business can respond. It provides analysis from both perspectives, presenting the ways that government policy affects the activities of the modern corporation and the key responses on the part of business.
Murray L. Weidenbaum holds the Mallinckrodt Distinguished University Professorship at Washington University in St. Louis, where he also serves as honorary chairman of the university's Weidenbaum Center on the Economy, Government, and Public Policy (founded as the Center for the Study of American Business). For 25 years, he has been teaching a popular course on business and government.
In 1981-1982, Dr. Weidenbaum served as President Reagan's first Chairman of the Council of Economic Advisers. In that capacity, he played a major role in formulating the economic policy of the Reagan administration and was a major spokesman for that administration on economic and business issues, both domestic and international. In 1999-2000, he chaired the Congressional Commission on the Trade Deficit.
Dr. Weidenbaum has held a variety of business, government, and academic positions. He was the first Assistant Secretary of the Treasury for Economic Policy and served earlier as Fiscal Economist in the U.S. Bureau of the Budget and as the Corporate Economist at the Boeing Company. He has been a member of the board of directors of corporations ranging from Fortune 100 giants to small service companies.
Dr. Weidenbaum is known for his research on business-government issues, taxes, regulation, and international trade. He is the author of seven books and has written several hundred articles in publications ranging from the American Economic Review to the New York Times.
Dr. Weidenbaum received his Ph.D. from Princeton University. He has received the Distinguished Writers Award from the Center for Strategic and International Studies, the Alexander Hamilton Medal in recognition of distinguished leadership in the Department of the Treasury, the Leavey Prize for excellence in private enterprise education from the Freedoms Foundation, and the Adam Smith Award from the Association of Private Enterprise Education. In 1992, the Association of American Publishers honored Dr. Weidenbaum as author of the economics book of the year. In 1997, he was a finalist in the global competition for business book of the year.
I. SETTING THE FRAMEWORK.
1. The Powers of Government and Business.II. GOVERNMENT REGULATION OF BUSINESS.
2. The Rationale for Regulation.III. THE GLOBAL MARKETPLACE.
11. Business, Government and Globalization.IV. GOVERNMENT PROMOTION OF BUSINESS.
14. Government Credits and Bailouts.V. THE BUSINESS RESPONSE.
17. Business/Government Relations.VI. THE FUTURE OF THE CORPORATION.
20. Challenges to Corporate Governance.