Biographies of Speakers
Total Page:16
File Type:pdf, Size:1020Kb

Load more
Recommended publications
-
The Struggle to Redevelop a Jim Crow State, 1960–2000
Educating for a New Economy: The Struggle to Redevelop a Jim Crow State, 1960–2000 by William D. Goldsmith Department of History Duke University Date:_______________________ Approved: ___________________________ Nancy MacLean, Supervisor ___________________________ Edward J. Balleisen ___________________________ Adriane Lentz-Smith ___________________________ Gary Gereffi ___________________________ Helen Ladd Dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy in the Department of History in The Graduate School of Duke University 2018 ABSTRACT Educating for a New Economy: The Struggle to Redevelop a Jim Crow State, 1960–2000 by William D. Goldsmith Department of History Duke University Date:_______________________ Approved: ___________________________ Nancy MacLean, Supervisor ___________________________ Edward J. Balleisen ___________________________ Adriane Lentz-Smith ___________________________ Gary Gereffi ___________________________ Helen Ladd An abstract of a dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy in the Department of History in the Graduate School of Duke University 2018 Copyright by William D. Goldsmith 2018 Abstract This dissertation shows how an array of policymakers, invested in uprooting an unequal political economy descended from the plantation system and Jim Crow, gravitated to education as a centerpiece of development strategy, and why so many are still disappointed in its outcomes. By looking at state-wide policymaking in North Carolina and policy effects in the state’s black belt counties, this study shows why the civil rights movement was vital for shifting state policy in former Jim Crow states towards greater investment in human resources. By breaking down employment barriers to African Americans and opening up the South to new people and ideas, the civil rights movement fostered a new climate for economic policymaking, and a new ecosystem of organizations flourished to promote equitable growth. -
NAME: LOUIS A. FERLEGER Address: Department of History Boston University 226 Bay State Road Boston, MA 02215 (617) 353-8305 Emai
NAME: LOUIS A. FERLEGER Address: Department of History Boston University 226 Bay State Road Boston, MA 02215 (617) 353-8305 Email: [email protected] Education: Temple University (B.B.A., 1971) Temple University (MA, Economics, 1973) Temple University (Ph.D., Economics, 1978) Teaching and Professional Employment: Professor, Department of History, Boston University, 1999-present. Executive Director, The Historical Society, 1999-2008. Associate Director, Honors Program, University of Massachusetts Boston, 1997-99. Adjunct Professor, Department of History, Boston College, Spring 1997. Associate Director, Massachusetts Institute for Social and Economic Research, 1994-97. Chair, Department of Economics, University of Massachusetts Boston, 1992-93. Professor of Economics, University of Massachusetts Boston, 1991-1999. Associate Dean of Academic Affairs, College of Arts and Sciences, University of Massachusetts Boston, 1989-1991. Associate Professor of Economics, University of Massachusetts Boston, 1984-1991. Assistant Professor of Economics, University of Massachusetts Boston, 1978-84. Academic Honors: Honored for Excellence in Teaching, University of Massachusetts Boston, March 1988. Outstanding Achievement Award, University of Massachusetts Boston, 1984-85. Grants and Fellowships: National Endowment for the Humanities Chairman’s Grant, 2008 Earhart Foundation Fellowship, 2005-06 1 Research Grant, Twentieth Century Fund, jointly with Jay Mandle, Spring, 1992 Charles Warren Fellowship, Charles Warren Center for Studies in American History, Department of History, Harvard University, Spring 1992. Arthur H. Cole Grant-in-Aid, Economic History Association, Summer 1988. National Endowment for the Humanities Fellowship, 1988. Research Grant, Joseph P. Healey Endowment Grant, University of Massachusetts Boston, Spring, 1986. Research Grant, American Association for State and Local History, 1985. Faculty Development Research and Travel Grants, University of Massachusetts Boston: 1979, 1981, 1982-1984, 1996-98. -
William Lazonick
September 2010 WILLIAM LAZONICK Center for Industrial Competitiveness University of Massachusetts Lowell One University Avenue, Lowell, MA 01854 Phone: 1 617 576-0880 Fax: 1 425 491-4964 Email: [email protected] Personal website: http://www.uml.edu/centers/CIC/lazonick.html Date and Place of Birth: June 8, 1945 at Toronto, Ontario, Canada Countries of Citizenship: USA, Canada Current Principal Academic Positions: Professor, University of Massachusetts Lowell, Department of Economics (1993-1997 Policy & Planning; 1997-2010 Regional Economic and Social Development) Director, Center for Industrial Competitiveness, University of Massachusetts Lowell Previous Principal Academic Positions: Research Professor, INSEAD 1996-2007 Professor of Economics, University of Tokyo 1996-1997 Professor of Economics, Barnard College, Columbia University 1985-1993 Research Fellow, Harvard Graduate School of Business Administration 1984-1986 Associate Professor of Economics, Harvard University 1980-1984 Assistant Professor of Economics, Harvard University 1975-1980 Academic Honors: Schumpeter Prize, International Schumpeter Society 2010 Honorary Doctor of Philosophy, Uppsala University 1991 President, Business History Conference 1990-1991 Visiting Member, Social Sciences, Institute for Advanced Study, Princeton 1989-1990 German Marshall Fund of the United States Research Fellow 1985-1986 Harvard-Newcomen Business History Research Fellow 1984-1985 Newcomen Award in Business History for the outstanding article in Business History Review in 1983 1984 -
1.2019-12-25.UCD-Woo CV.Talks 16-18
25 December 2019 Curriculum Vitae Wing Thye Woo (胡永泰) Distinguished Professor Tel No: +1-530-752-3035 Department of Economics Fax No: +1-530-752-2625 University of California [email protected] One Shields Avenue Davis, California 95616 Research Interests: Economic Growth and Sustainable Development (especially in China, Indonesia, and Malaysia), Macroeconomics, Exchange Rate Economics, and Public Economics. Languages: Mandarin, Cantonese, Taiwanese, Bahasa Malaysia, Bahasa Indonesia Education Harvard University - Sept. 1978 - June 1982 M.A., Ph.D. in Economics Yale University - Sept. 1977 - June 1978 M.A. in Economics Swarthmore College - Sept. 1973 - May 1976 B.Sc. in Engineering (Civil) B.A. in Economics (with High Honors awarded by Committee of External Examiners) Selected Awards and Honours McNamara Fellowship, World Bank, to study the role of real exchange rate management in the industrialisation of East Asia, 1989-1990 Article “The Monetary Approach to Exchange Rate Determination under Rational Expectations: The Dollar- Deutschemark Case" (Journal of International Economics, February 1985) was identified by the Journal of International Economics to be one of the twenty-five most cited articles in its 30 years of history, February 2000. Distinguished Scholarly Public Service Award, University of California at Davis, 2004, in recognition of Academic and Service Contributions. Selected Public Lectures include: • Cha Chi Ming Cambridge Public Lecture on Chinese Economy, University of Cambridge, two lectures, November 1 & 3, 2004 1 • -
The Financialization of the US Corporation: What Has Been Lost, and How It Can Be Regained
The Financialization of the US Corporation: What Has Been Lost, and How It Can Be Regained William Lazonick University of Massachusetts Lowell The Academic-Industry Research Network [email protected] Revised, July 2012 Background paper for a presentation to the Seattle University School of Law Berle IV Symposiun, “The Future of Financial/Securities Markets,” London June 14-15, 2012. The research in this paper has been funded by the Ford Foundation project on Financial Institutions for Innovation and Development, the INET project on the Stock Market and Innovative Enterprise, the European Commission project on Finance, Innovation, and Growth, and the Connect Innovation Institute project on Innovation and Production: Reviving U.S. Prosperity. Mustafa Erdem Sakinç, has coordinated the development and maintenance of the stock-buyback database, and Dongxu Li, Qiaoling Ma, Xiahui Xia, and Yue Zhang have provided research assistance. Lazonick: The Financialization of the US Corporation 1 What Happened to Economic Prosperity? Many of us know what a prosperous economy looks like. People who want to work have no problem finding jobs. People who want to build careers can accumulate the necessary work experience over time. People who want to start their own businesses can tap into sources of committed finance that can enable them to get their firms up and running. When the work has been done, careers have been built, and businesses have become going concerns, the prosperous economy yields a distribution of income that most people regard as fair. The prosperous economy has a large and stable middle class, with hard-working and dedicated people finding opportunities to climb up the economic ladder. -
The Value-Extracting CEO: How Executive Stock-Based Pay Undermines Investment in Productive Capabilities
The Value-Extracting CEO: How Executive Stock-Based Pay Undermines Investment in Productive Capabilities William Lazonick∗ Working Paper No. 54 December 3, 2016 ABSTRACT The business corporation is the central economic institution in a modern economy. A company’s senior executives, with the advice and support of the board of directors, are responsible for the allocation of corporate resources to investments in productive capabilities. Senior executives also advise the board on the extent to which, given the need to invest in productive capabilities, the company can afford to make cash distributions to shareholders. Motivating corporate resource- William Lazonick is Professor of Economics, University of Massachusetts Lowell; President, The Academic- Industry Research Network; Visiting Professor, University of Ljubljana; Distinguished Research Associate, Institut Mines-Télécom, Paris; Professorial Research Associate, SOAS University of London. (email: [email protected]). This paper reflects research being carried out under grants from the Institute for New Economic Thinking (Collective and Cumulative Careers project through the Academic-Industry Research Network) and the European Commission (Innovation-Fuelled Sustainable and Inclusive Growth through the University of Ljubljana). It also builds on research done on previous grants from the Institute for New Economic Thinking and from the Ford Foundation (Financial Institutions for Innovation and Development through UMass Lowell). Some of the material in this paper draws on Matt Hopkins and William Lazonick, “The Mismeasure of Mammon,” Uses and Abuses of Executive Pay Data,” Institute for New Economic Thinking Working Paper No. 49, August 29, 2016, at https://www.ineteconomics.org/ideas-papers/research-papers/the-mismeasure-of-mammon-uses-and-abuses-of- executive-pay-data Lazonick: The Value-Extracting CEO allocation decisions are the modes of remuneration that incentivize and reward the top executives of these companies. -
THE MIT JAPAN I PROGRAM
THE MIT JAPAN i PROGRAM ) 7 j AeA N I Science, Technology, Management 0 'Y NNIP 0 N-1-T-111 i i -6 Indigenous Innovation and Industrialization: Foundations of Japanese Development and Advantage William Lazonick and William Mass i MITJP 95-03 Center for International Studies Massachusetts Institute of Technology i----- Indigenous Innovation and Industrialization: Foundations of Japanese Development and Advantage William Lazonick and William Mass MITJP 95-03 Distributed Courtesy of the MIT Japan Program Science * Technology * Management Center for International Studies Massachusetts Institute of Technology Room E38-7th Floor Cambridge, MA 02139 phone: 617-253-2839 fax: 617-258-7432 © MIT Japan Program About the MIT Japan Program and its Working Paper Series The MIT Japan Program was founded in 1981 to create a new generation of technologically sophisticated "Japan-aware" scientists, engineers, and managers in the United States. The Program's corporate sponsors, as well as support from the government and from private foundations, have made it the largest, most comprehensive, and most widely emulated center of applied Japanese studies in the world. The intellectual focus of the Program is to integrate the research methodologies of the social sciences, the humanities, and technology to approach issues confronting the United States and Japan in their relations involving science and technology. The Program is uniquely positioned to make use of MIT's extensive network of Japan-related resources, which include faculty, researchers, and library collections, as well as a Tokyo-based office. Through its three core activities, namely, education, research, and public awareness, the Program disseminates both to its sponsors and to the interested public its expertise on Japanese science and technology and on how that science and technology is managed. -
Economic Democracy at Work: Why (And How) Workers Should Be Represented on US Corporate Boards
Lenore Palladino, University of Massachusetts, Amherst∗ Economic Democracy at Work: Why (and How) Workers Should be Represented on US Corporate Boards Abstract: Workers should have representation on corporate boards of directors in the United States. Employees are key stakeholders whose contribution is necessary for the success of innovative enterprises. In contrast to the “shareholder primacy” theory of corporate governance, which claims that only shareholders should have decision-making authority, the argument made here is that also granting employees a voice on the corporate board will have positive effects for employees and the company as a whole. Yet implementing such a reform in the twenty-first-century US context is not simply a matter of importing a European model. Effective policy design requires consideration of the US workforce structure and the important prohibition on employer-dominated organizations in US labor law, and developing appropriate mechanisms for worker-director election, representation, and worker organization. Worker representation on boards will not be effective in a vacuum, but is an important component of overall reform efforts to strengthen the US economy. Keywords: Boards of directors; corporate governance; stakeholders; worker representation on corporate boards I. Introduction For the past four decades, US corporate governance has followed a “shareholder primacy” model (Lazonick and O’Sullivan 2000; van der Zwan 2014). The Law and Economics theory of shareholder primacy claims that the shareholder is the sole corporate stakeholder who makes a risky investment; therefore, the maximization of shareholder value is defended as the sole goal of corporations, and management “agents” owe allegiance only to the shareholder “principals” (Jensen and Meckling 1976). -
William Lazonick*+
The Functions of the Stock Market and the Fallacies of Shareholder Value William Lazonick*+ Working Paper No. 58 June 3, 2017 (revised July 20, 2017) ABSTRACT Conventional wisdom has it that the primary function of the stock market is to raise cash for companies for the purpose of investing in productive capabilities. The conventional wisdom is wrong. Academic research on sources of corporate finance shows that, compared with other sources of funds, stock markets in advanced countries have been insignificant suppliers of capital for corporations. The purpose of this essay is to build a rigorous and relevant conception of the evolving role of the stock market in the U.S. corporate economy. In fact, the functions of the stock market go well beyond “cash” to include four other functions, which can be summarized as “control,” “creation,” “combination,” and “compensation.” In this paper, I argue, based on historical evidence, that in the growth of the U.S. economy the key function of the stock market was control. Specifically, the stock market enabled the separation of managerial control over the allocation of corporate resources from the ownership of the company’s shares. Yet, assuming that the key function of the stock market * University of Massachusetts Lowell and the Academic-Industry Research Network. [email protected] + This paper has been prepared for a volume What Next for Corporate Governance? edited by Ciaran Driver and Grahame Thompson. Funding for this research came from the Institute for New Economic Thinking, the European Union Horizon 2020 Project No. 649186 on Innovation-Fuelled Sustainable and Inclusive Growth, and the Korea Economic Research Institute. -
Business History and Economics
PRESIDENTIAL ADDRESS Business History and Economics William Lazonick Barnard College,Columbia University The presidentialaddress is traditionallyheavily auto-biographical. As your typicalegotistical, white, male academic,I am in principlequite happy to perpetuatethe tradition. But for practicalreasons, I havesecond thoughts about tellingyou the storyof my life. Normally the presidentialaddress at the BusinessHistory Conferencehas been part of a banquetformat that has createda captiveaudience. With the receptionand the eveningstill aheadof you rather thanbehind you, I fear that if I try to take thishour to recountthe life and times of William H. Lazonickyou might all start headingfor the doors. It alsohappens that, despitemy still valid Canadianpassport, I am not the presidentof the CanadianBusiness History Conference. In view of the joint sponsorshipof thesemeetings, my "presidential"address is beingbilled as a "keynoteaddress". ! havestrong doubts about the wisdomof offeringmy life storyas the keynotetheme of thesemeetings. I shall, therefore,refrain from tellingyou that I wasborn and bred in the very city where we are havingthese meetings. And I won't let you know that just a ten minutewalk from where we standright now, my father has for overforty years run a businessthat bearsmy name(but just in caseanybody is interestedyou can look for a sign that saysH. WILLIAMS & CO. on ChurchStreet, north of Queen). Nor shallI bothertelling you that overtwo decadesago the Universityof Toronto awardedme a Bachelorof Commerce degree. Surely,you haveno interestin suchdetails of my personallife, so I shalloblige you by keepingthem to myself. But I mustwarn you that I won't spareyou completely. What I shall talk about is how an economistcame to the studyof businesshistory. In relatingthis tale, my purposeis to ask not what the economistcan do for businesshistory but what businesshistory can do for the economist.For, as manyof you may know,the academicdiscipline that callsitself economicsis in a sorrystate. -
General Conference 16Th Session 30 November – 4 December 2015, Vienna, Austria
www.unido.org General Conference 16th Session 30 November – 4 December 2015, Vienna, Austria Sustainable industrialization for shared prosperity UNIDO focusing on Sustainable Development Goals #SDG9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation. Contents General Conference Overview 3 Snapshot of Side Events 24 Highlights from Keynote Speeches 4 UNIDO Open Data Platform 27 The Conference in Pictures 10 Introducing UNIDO Goodwill Ambassador, Janne Vangen Solheim, Fourth UNIDO Forum on Inclusive and Norway 27 Sustainable Industrial Development 12 The Least Developed Countries Second Donor Meeting 15 Ministerial Conference 28 UNIDO’s Cooperation with the General Conference Outcomes 30 European Union and the European Investment Bank 22 Looking Forward 32 2 General Conference Overview Vienna, Austria Partnership (PCP). The PCP is being General Conference Overview piloted in Ethiopia and Senegal and has just been extended to Peru. During the Conference, participants agreed that: Sustainable • UNIDO’s thematic priorities fully reflect the economic, social and environmental dimensions of sustainable development; Industrialization for • The Organization’s role will be pivotal in implementing Goal 9 and the 2030 Agenda; Shared Prosperity • UNIDO is well equipped to deliver on the SDGs to eradicate poverty, create jobs, combat environmental degradation and promote sustainable economic growth; The sixteenth session of the General “important role of UNIDO in providing • The Organization offers valuable Conference of the United Nations decent livelihoods, especially in those services which are, inter alia, helping Industrial Development Organization countries from which we are now to tackle the root causes of migration (UNIDO) took place in Vienna, Austria, receiving refugees”. by supporting job creation. -
Penrosian Learning Confronts the Neoclassical Fallacy
Is the Most Unproductive Firm the Foundation of the Most Efficient Economy? Penrosian Learning Confronts the Neoclassical Fallacy * William Lazonick Working Paper No. 111 January 26, 2020 ABSTRACT Edith Penrose’s 1959 book The Theory of the Growth of the Firm [TGF] provides intellectual foundations for a theory of innovative enterprise, which is essential to any attempt to explain productivity growth, employment opportunity, and income distribution. Properly understood, Penrose’s theory of the firm is also an antidote to the deception that is foundational to neoclassical economics: The theory, taught by PhD economists to millions upon millions of college students for over seven decades, that the most unproductive firm is the foundation of the most efficient economy. The dissemination of this “neoclassical fallacy” to a mass audience of college students began with Paul A. Samuelson’s textbook, Economics: An Introductory Analysis, first published in 1948. Over the decades, the neoclassical fallacy has persisted through * President of The Academic-industry Research Network; Professor of Economics Emeritus, University of Massachusetts; Open Society Fellow; CIFAR Fellow; Professeur Associé, Institut Mines-Télécom, Paris; Professorial Research Associate, SOAS University of London. Lazonick: Is the Most Unproductive Firm the Foundation of the Most Efficient Economy? 18 revisions of Samuelson, Economics and in its countless “economics principles” clones. This essay challenges the intellectual hegemony of neoclassical economics by exposing the illogic of its foundational assumptions about how a modern economy functions and performs. The neoclassical fallacy gained popularity in the 1950s, during which decade Samuelson revised Economics three times. Meanwhile, Penrose derived the logic of organizational learning that she lays out in TGF from the facts of firm growth, absorbing what was known in the 1950s about the large corporations that had come to dominate the U.S.