How economists turned corporations into predators

By Lynn Parramore (originally published by Institute for New Economic Thinking Perspectives) - In a new Institute for New Economic Thinking Perspectives (INET) paper featured in the Financial Times, economist William Lazonick lays out a theory about how corporations can work for everyone – not just a few executives and Wall Streeters. He challenges a set of controversial ideas that became gospel in business schools and the mainstream media starting in the 1980s. He sat down with INET’s Lynn Parramore to discuss…

[Cross-posted from Institute for New Economic Thinking Perspective (INET) publication of October 5, 2017
at https://www.ineteconomics.org/perspectives/blog/how-economists-turned-corporations-into-predators]

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