An economist for our times: innovative enterprise, changing industrial leadership, and the looting of the US business corporation.

Over an academic career that has spanned more than fifty years since he started his PhD at the department of economics at Harvard University, William Lazonick has made pioneering contributions on changing industrial leadership, including:the rise and decline of the British economy;the ascent to industrial leadership of US managerial capitalism;the Japanese challenge;the emergence of China as an industrial power;the decline of the US industrial economy.In the process, he has constructed the “...