William Lazonick is president of The Academic-Industry Research Network and professor emeritus at the University of Massachusetts Lowell. His research on corporate governance, innovation, and economic performance is currently being funded by the Institute for New Economic Thinking, European Commission, and Gatsy Foundation.
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William Lazonick
The Curse of Stock Buybacks
For the past three decades, the overriding priority of American corporations has been paying their shareholders. That’s just what they’ve done with their tax cut. Read more
