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INET grantee Lazonick’s research shapes DC share buyback debate

By Institute Staff (originally published by Institute for New Economic Thinking (INET) Perspectives) – INET grantee William Lazonick has conducted extensive research on share buybacks, which was recently featured in letters sent by Sen. Tammy Baldwin (D-WI) to Securities and Exchange Commission nominees Robert J. Jackson, Jr. and Hester Pierce, and in written questions Senator Baldwin submitted to Lori M. Reilly, Executive Vice President for Policy, Research and Membership of the Pharmaceutical Research and Manufacturers of America (PhRMA), following a hearing on the price of pharmaceutical drugs…

[Cross-posted from Institute for New Economic Thinking (INET) publication of December 22, 2017
at https://www.ineteconomics.org/perspectives/blog/inet-grantee-lazonicks-research-shapes-dc-share-buyback-debate]

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