Looting the Industrial Base

“Trillions of dollars that could have been spent on innovation and job creation in the U.S. economy over the past three decades have instead been used to buy back shares for what is effectively stock-price manipulation.” –William Lazonick, 2014. Dr. Dr. Lazonick will speak on this topic, he is Professor of Economics at U Mass Lowell, and affiliated with SOAS in London. He has been on the faculty at Harvard, Columbia, and the University of Tokyo. Publications include Sustainable Prosperity in the New Economy? (2009) and Profits Without Prosperity, Harvard Business Review 2014.

This event is open to the public.