In the following video, William Lazonick (University of Massachusetts at Lowell) guides us through his intellectual journey that took him from economic theory to history to then find the relevance to current economic policy. The implications have enormous relevance for today.
More on William Lazonick
A basic bibliography on the works of William Lazonick
Lazonick, William (2014), “Profits Without Prosperity,” Harvard Business Review (September): 46-55.
Elbaum, Bernard and William Lazonick (1987) The Decline of the British Economy. Oxford: Clarendon Press.
Dore, Ronald, William Lazonick, and Mary O’Sullivan (1999) ‘Varieties of Capitalism in the Twentieth Century,’ Oxford Review of Economic Policy, 15(4): 102-120