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Washington University in St. Louis Emeritus Trustee and alumnus Robert Frick and his wife, Barbara, have made a gift to establish a pilot initiative at the university to encourage an understanding of, and commitment to, civil discourse, free and open markets, free speech and personal responsibility. ....
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March 12, 2021 SHARE Anne Marie Knott, the Robert and Barbara Frick Professor of Business at Olin Business School at Washington University in St. Louis, has won the 2021 Olin Award for “RQ Innovative Efficiency and Firm Value,” forthcoming in the Journal of Financial and Quantitative Analysis. The Olin Award, which includes business school recognition and a $10,000 prize, is intended to promote scholarly research that has timely, practical applications for complex, real-world management problems. Dean Mark Taylor surprised Knott with the good news March 2 during a Zoom chat, which she initially believed was to discuss her annual performance review. Also on the chat was Richard J. Mahoney, former CEO of Monsanto Co. and a distinguished executive-in-residence at Olin. ....
(Illustration: Monica Duwel, Washington University) January 20, 2021 SHARE Election Day turned into Election Week, then two months of corrosion, court cases, controversy and, ultimately, tragedy in the citadel of U.S. democracy. America continues to suffer from the pandemic, from economic fallout and mass unemployment, from social and political fissures. Amid this backdrop, change arrives in two of the three branches of the U.S. government: President Joe Biden and Vice President Kamala Harris as well as a new cabinet assumes control upon the Jan. 20 inauguration, and a retooled Congress, with both the House of Representatives and Senate either closely or evenly split among Republicans and Democrats. ....
ANALYSIS/OPINION: The pandemic will be over when the U.S. reaches herd immunity. Herd immunity is the level of individual immunity where the spread of the disease from person to person becomes unlikely, and results in the whole community becoming protected, even those who are not immune. Herd immunity is a function of the rate at which the virus spreads from person to person. For COVID-19, credible estimates are that each infected person infects another 2.3 people, which if true means that herd immunity is reached when 56.5% of the population is immune. We will reach that in the U.S. when the number of people who have the virus (whether they know it or not), plus the number of people who are naturally immune, plus the number who have been vaccinated equals 185 million. ....