Comments on economic issues and developments published by AIR researchers and affiliates
Stock buybacks: Free-market ideology’s license to loot
By William Lazonick, speaker at the forum "William Lazonick, Professor Emeritus, U Mass Lowell, speaks at the forum, “Destroying the ...
Tea Petrin, July 9, 1944-April 4, 2023.
With profound sadness, I am informing the AIRnet community of the passing on April 4, 2023, of Tea Petrin, a ...
The ‘Tax Cuts for Shareholders’ Act
By Lenore Palladino "In the six weeks since the passage of the GOP tax plan, officially known as the Tax ...
The Attack on US Healthcare: How Predatory Value Extraction by Public Equity and Private Equity Renders Healthcare Goods and Services Low Quality and High Cost
By William LAZONICK and Öner TULUM SUMMARY The US healthcare system is under attack. Of course, for more than a ...
The dirty little secret of how CEOs enrich themselves at your expense (Interview of William Lazonick)
By Lynn Parramore "Everyone from Warren Buffett to Robert Reich is talking about a favorite Wall Street trick called stock buybacks. But what are they ...
The economic roots of Trump’s win over Clinton
By Jang-Sup Shin "The revolt of "angry Americans" is now accepted broadly as a major cause of the unexpected victory ...
via The New Yorker I by Sheelah Kolhatkar I June 20, 2019, via The New Yorker I by Sheelah Kolhatkar I June 20, 2019, via The New Yorker I by Sheelah Kolhatkar I June 20, 2019
The Economist Who Put Stock Buybacks in Washington’s Crosshairs
In 1984, an economics professor named William Lazonick joined the faculty at the Harvard Business School, just in time to ...
The New Economy Business Model and the Tension Between Innovation and Financialization in Research-Intensive Corporations
This working paper investigates the tension between innovation and financialization in the U.S. pharmaceutical industry, focusing on how excessive value ...
The Problem with Paying Executives in Stock
By Patricia Kotnik and Mustafa Erdem Sakinc "Executive compensation in Europe: Realized gains from stock-based pay. In the ongoing recovery of ...
The Real Book About the “White Working Class”
In a Racket News interview with Matt Taibbi, Les Leopold, Executive Director of the Labor Institute and an associate of ...
