William Janeway

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William H. Janeway is a Special Limited Partner of Warburg Pincus an Affiliated Member of the Faculty of Economics of Cambridge University. He joined Warburg Pincus in 1988 and was responsible for building the information technology investment practice: leading investments included BEA Systems and VERITAS Software. Previously, he was executive vice president and director at Eberstadt Fleming. Dr. Janeway is a director of Magnet Systems and O’Reilly Media.

Dr. Janeway is a co-founder of the Institute for New Economic Thinking. He is a member of the board of directors of the Social Science Research Council and of the Advisory Board of the Princeton Bendheim Center for Finance. He is a member of the management committee of the Cambridge-INET Institute, University of Cambridge and a Member of the Board of Managers of the Cambridge Endowment for Research in Finance (CERF). He is the author of Doing Capitalism in the Innovation Economy: Reconfiguring the Three-Player Game between Markets, Speculators, and the State, the substantially revised and extended new edition of the book initially published by Cambridge University Press in November 2012.

Dr. Janeway received his doctorate in economics from Cambridge University where he was a Marshall Scholar. He was valedictorian of the class of 1965 at Princeton University.

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The Master and the Prodigy

Article | Sep 22, 2020

INET’s co-founder reviews new books about John Maynard Keynes and Frank Ramsey

Markets, Speculation and the State

Course

William Janeway’s Far-Ranging Seminar on Fundamental Debates in Innovation and Finance

Which Productivity Puzzle?

Article | Apr 3, 2017

The decline in productivity growth has a longer history

The Retreat from Hyper-Globalization

Article | Dec 1, 2016

Flows of goods and services, people and capital have overwhelmed the ability of political processes to accommodate them

Featuring this expert

Brad Delong recommends William Janeway’s INET Video Series: Venture Capital in the 21st Century

News Feb 12, 2021

William Janeway: Venture Capital in the 21st Century: ‘In this eight-part lecture series, Bill Janeway investigates the relationship between venture capital and technological innovation, and the interdependent roles of entrepreneurial firms, the mission-driven State and financial speculation in the overall innovation system… LINK: https://www.ineteconomics.org/perspectives/videos/venture-capital>

William Janeway reviews INET’s book, “Macroeconomic Inequality from Reagan to Trump” in Project Syndicate

News Dec 7, 2020

“Now, in a powerful work of synthesis, economist Lance Taylor, assisted by Özlem Ömer of Nevsehir Haci Bektas Veli University in Turkey, has brought a new perspective to the discussion. Taylor is a rare figure among economists nowadays. Previously a professor at two of the established citadels of mainstream economics, Harvard University and MIT, he has spent the past generation at the New School for Social Research in New York City, and is deeply engaged with the Institute for New Economic Thinking. … The overriding message from Taylor’s work is the exact opposite of “trickle-down economics.” Reducing inequality will increase economic growth and productivity. But, at the end of the day, there is no magic bullet to reverse the impact of the structural transformation of the past 50 years. That, too, was driven by policy initiatives, the full implications of which many policymakers are only just now beginning to comprehend.” — William Janeway

The Future of Work | Meaningful Integration or Jobless Future?

with Daron Acemoglu and William Janeway

Event Webinar | Dec 2, 2020

The central challenge confronting us in the future of work is this: can we create a future where work exists for all who need one with fair rewards, or will we end up on the path of increasing displacement, leaving workers vulnerable, dispensable, and miserable?