Murray Weidenbaum is a prominent figure in business and government. He served as Assistant Secretary of the Treasury from 1969 to 1971, and in 1981-82 as Chairman of the Council of Economic Advisers. His research and teaching interests are government regulation of business, public finance, and economic policy. Weidenbaum is an honorary fellow of the Society of Technical Communication and a fellow of the National Association of Business Economics. His book, Small Wars, Big Defense, was selected by the Association of American Publishers as the outstanding economics book of 1992. His Bamboo Network was a finalist for global business book of the year in 1996. His book, One-Armed Economist: The Intersection of Business and Government was published in 2004. In 2008, The Competition of Ideas: The World of Washington Think Tanks, was published by Transaction Press. He founded the Center for the Study of American Business at Washington University and directed the Center for many years. The center was renamed in his honor in 2001 to the Murray Weidenbaum Center on the Economy, Government, and Public Policy. Professor Weidenbaum teaches a popular course on business and government.