BySam Seder Interview of William Lazonick by Sam Seder… [Click HERE to watch the interview]
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Boeing execs banking on a post-consequences USA
By Charles Mudede “Two important economists have written the most important analysis so far of the Boeing 737 Max crisis. It is called “Make Passengers Safer? Boeing Just Made Shareholders Richer,” and it’s by Mustafa Erdem Sakinç, a young French economist who…
Make Passengers Safer? Boeing Just Made Shareholders Richer.
Make Passengers Safer? Boeing Just Made Shareholders Richer. nd none more so than their own executives
Predatory Value Extraction
In this book William Lazonick and Jang-Sup Shin explain how an ideology of corporate resource allocation known as “maximizing shareholder value” (MSV), that emerged in the 1980s and came to dominate strategic thinking in business schools and corporate boardrooms, undermined…
Have stock buybacks gone too far?
By William Lazonick and segment guest (Jeremy Siegel) “Fueled by the lower corporate tax rate, share buybacks among S&P 500 companies shot to a fourth consecutive record in the last quarter of 2018, according to Standard & Poor’s. What’s more…
Qiaoling Ma
Qiaoling Ma is a research associate at the Academic-Industry Research Network and University of Massachusetts Center for Industrial Competitiveness (CIC). Her major interests are innovation, strategy, and economic development. From 2011 to 2013, Qiaoling Ma worked as a research assistant...
Here’s something that Trump and Democrats actually agree on
By Terry H. Schwadron “Both Trump and Democrats say they want lower prescription drug costs. But they are going about it in remarkably different ways. Indeed, Democrats are split over the usual questions of whether to accept half a loaf…
Pfizer shareholder meeting offers an inside look at the pharma industry
By George GOEHL and Felicia WONG April 24, 2019 “Pfizer’s board of directors will gather in New Jersey on Thursday for the company’s annual shareholders meeting. They will celebrate the enormous success Pfizer had in 2018, having made $53 billion…
Workers are creating massive wealth. Why are corporations hoarding it all?
By Cory Booker “Every day Carol Ruiz wakes up at 3.30am and goes to an airline catering service at Newark airport, where she helps prepare the food carts that flight attendants push up and down the aisle. She organizes the…
investors and CEO pay: The fix is still in
By Lew Daly “In this election season, reining in Wall Street is clearly a burning issue for many voters. The passion for Wall Street reform is closely wrapped up with working class anger and anxiety driven by wage stagnation and…
