Business & Industry
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How Dairy Monopolies Keep Milk Off the Shelves
Aug 19, 2020
Consolidation in the dairy industry has created separate, inflexible supply chains for consumers and commercial markets. When COVID killed commercial demand, perfectly good milk and cheese was wasted.
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Working Paper
How “Maximizing Shareholder Value” Minimized the Strategic National Stockpile: The $5.3 Trillion Question for Pandemic Preparedness Raised by the Ventilator Fiasco
Jul 2020
The success of projects for pandemic preparedness and response depends on the strength of government-business collaborations.
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How the Disappearance of Unionized Jobs Obliterated an Emergent Black Middle Class
Jun 15, 2020
Since the 1980s, the enemy of equal employment opportunity through upward socioeconomic mobility has been the pervasive and entrenched corporate-governance ideology and practice of maximizing shareholder value.
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Working Paper Series
How the Disappearance of Unionized Jobs Obliterated an Emergent Black Middle Class
Jun 2020
In this introduction to our project, “Fifty Years After: Black Employment in the United States Under the Equal Employment Opportunity Commission,” we outline the socioeconomic forces behind the promising rise and disastrous fall of an African American blue-collar middle class.
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Working Paper Series
Profits, Innovation and Financialization in the Insulin Industry
Apr 2020
This paper considers the relationship between profits realized from higher insulin list prices, pharmaceutical innovation, and the financial structures of the three dominant insulin manufacturing companies, which set list prices.
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Which Businesses Will Covid-19 Disrupt and Why? An Assessment Based on Firm-Level Data
Apr 2, 2020
The scale of firm exposure to the coronavirus is unprecedented by earlier outbreaks, spans all major economies and is pervasive across all industries
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Working Paper Series
Firm-Level Exposure to Epidemic Diseases: Covid-19, SARS, and H1N1
Apr 2020
As Covid-19 spreads globally in the first quarter of 2020, this paper finds that firms’ primary concerns relate to the collapse of demand, increased uncertainty, and disruption in supply chains
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Top Economist: Instead of Basic Income, Let’s Keep People Working Productively During the Crisis
Mar 25, 2020
William Lazonick emphasizes that keeping workers productively employed is key to economic recovery from Covid-19 as well as a healthy economic future
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4 Ways to Eradicate the Corporate Disease That is Worsening the Covid-19 Pandemic
Mar 23, 2020
It’s time for business executives, employees, and taxpayers to come together to help get us out of the pandemic and create conditions for a sustainable and equitable future
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Report
Taxpayer Investment Leads New Drug Discoveries
Mar 2020
New research points to critical role of public funding in drug discoveries and development for the last decade
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Hikmat – Lectures in Economics
DiscussionJan 23, 2020
Prof. Oliver Hart will deliver the inaugural talk on Corporate Purpose
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The Global Impact of Brexit Uncertainty
Dec 15, 2019
Brexit uncertainty has already taken an economic toll
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Working Paper Series
The Global Impact of Brexit Uncertainty
Dec 2019
Using tools from computational linguistics, we construct new measures of the impact of Brexit on listed firms in the United States and around the world
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Banning Buybacks
Dec 4, 2019
Stock buybacks are giveaways for greedy investors at the expense of everyone else.
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Financialization of the U.S. Pharmaceutical Industry
Dec 2, 2019
Pharmaceutical drugs are often a matter of life or death. It should be a prime objective of government policy to rid the industry of financialization.