Ethics Code Requires Economics Authors Disclose Financial Ties

Academic articles written by economists might now come with a bit of microeconomic data: the author’s financial ties to firms or advocacy groups.

The American Economic Association, the world’s largest organization for economists, said authors submitting papers to its publications must disclose any potential conflicts of interest. The Nashville, Tennessee-based organization also urged its 18,000 members, about half of whom work in academia, and other economists to apply the standard to all media. Read more…

By Timothy R. Homan

Businessweek

Whistleblower Bill Draws Lobbying

A bill that critics warn weakens whistleblower protections quietly moved through a House subcommittee last month and now has supporters like the U.S. Chamber of Commerce pushing the full committee to quickly pass it.

The Whistleblower Improvement Act of 2011, introduced by Rep. Michael Grimm (R-N.Y.), would require whistleblowers, with some exceptions, to report criminal activity internally in addition to filing a complaint with the Securities and Exchange Commission. Read more…
By Andrew Joseph
National Journal

Economists Set Rules on Ethics

CHICAGO—A leading group of academic economists has adopted conflict-of-interest rules in response to criticism that the profession not only failed to predict the 2007-2008 financial crisis but may actually have helped create it.

The new policy stops well short of the broader ethical guidelines demanded by some in the field. Read more…

By Ben Casselman
The Wall Street Journal

Special counsel Carolyn Lerner quickly raises the profile of her office

Carolyn Lerner had the Air Force’s top four-star general boxed in.

Gen. Norton Schwartz was reeling from revelations that the Dover Air Force Base mortuary had lost and sawed off body parts and mishandled other remains of America’s war dead. In the glare of television cameras, the Air Force chief of staff was forced to issue mea culpas for the scandal in November. Read more…

By Lisa Rein
Washington Post

After complaint, he landed in basement

Walt Tamosaitis thought he was doing the right thing when he blew the whistle on problems with an Energy Department project. He was banished to the basement for his trouble. Read more…