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Topic: Lester Thurow


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In the News (Sat 14 Nov 09)

  
  Lester Thurow - Wikipedia, the free encyclopedia
Lester Carl Thurow is a former dean of the MIT Sloan School of Management and author of numerous bestsellers on mainstream economics.
Thurow is on the board of directors of Analog Devices, Grupo Casa Autrey, and E*Trade.
Thurow is a longtime advocate of a Japanese and European type system with greater government intervention in the economy than the United States currently possesses; an idea that has come to be known as "Third Way" philosophy.
en.wikipedia.org /wiki/Lester_Thurow   (314 words)

  
 LESTER C. THUROW   (Site not responding. Last check: 2007-10-21)
LESTER C. Lester Thurow has been a professor of management and economics at MIT for 30 years, beginning in 1968.
A 1960 graduate of Williams College, Thurow received his M.A. in 1962 on a Rhodes Scholarship at Balliol College (Oxford) and his Ph.D. in economics from Harvard University in 1964.
An avid outdoorsman, Thurow's most recent adventures range from a safari across Saudi Arabia to hunting polar bears with a camera in the Arctic to mountain climbing in South America and the Himalayas.
govinfo.library.unt.edu /tdrc/members/thurow.html   (370 words)

  
 Economist Lester Thurow dispenses advice at Reunion   (Site not responding. Last check: 2007-10-21)
MIT economist Lester Thurow was the Spencer T. and Ann W. Olin Lecturer June 11 in Bailey Hall.
The signs of growing wealth produced by what Thurow calls the third industrial revolution, knowledge management, is already evident in the boom in U.S. billionaires, which parallels the rise of the Rockefellers, Mellons and Morgans a century ago.
Thurow, who is the author of the best-selling Zero Sum Society and the just-published Future of Capitalism, began his talk by explaining why he thinks the United States is prospering now.
www.news.cornell.edu /Chronicle/99/6.17.99/Thurow.html   (576 words)

  
 Federal Reserve Bank of Minneapolis - The Region - Book Review (March 1993)   (Site not responding. Last check: 2007-10-21)
Thurow argues that the collapse of communist regimes, the increasing integration of the European Community, the dynamic cycles of new technology and innovations in business structure and international economic institutions all combine to radically change the environment in which US businesses have to compete.
Thurow begins by arguing that the collapse of communism in eastern Europe and Asia has changed the international economic environment in fundamental ways that are not yet fully appreciated.
Thurow argues that the Japanese economy differs fundamentally from the assumptions of Western economic theory in its emphasis on production as an end in itself, rather than as a means to greater consumption, and in its focus on group, as opposed to individual, welfare.
woodrow.mpls.frb.fed.us /pubs/region/93-03/reg933d.cfm?js=0   (1052 words)

  
 MIT World » : Fortune Favors the Bold
Thurow’s talk, which draws both title and subject matter from his new book, describes the promise and hazards emerging from the latest technology-based industrial revolution.
Thurow sees a future of vast inequities, within our borders and among countries of the world, unless governments and institutions like the World Bank pursue such innovative policies as embracing biotechnology and educating women.
Lester Thurow has advised presidents and informed the American public on such critical issues as deficit reduction and unemployment for more than 30 years.
mitworld.mit.edu /video/165   (373 words)

  
 Royal Challenge & American Express presents Indiatimes Strategy Summit featuring Dr. Lesler Thurow
Professor Lester Thurow is the Jerome and Dorothy Lemelson Professor of Management and Economics at the MIT Sloan School of Management.
As an Economist, Lester Thurow is known for his dead-on forecasts and his ability to make economists not only clear but also compelling for lay audiences as he addresses the critical issue of Wealth Creation.
Thurow currently focuses on the impact of manmade brain power industries and their creation of a global economy that is rapidly replacing national economies.
www.exchange4media.com /indiatimes/AbtLester.htm   (753 words)

  
 Lester Thurow / Biography
Lester C. Thurow is is a professor of economics and former dean of MIT's Sloan School of Management.
Thurow is recognized throughout the world as a leading expert on economic issues.
According to Thurow, we are living in a period of great economic change, when various factors are playing off each other and radically altering the world.
www.cooperativeindividualism.org /thurowbio.html   (486 words)

  
 The Unofficial Paul Krugman Web Page   (Site not responding. Last check: 2007-10-21)
Consider Thurow's claim that we are living in a "period of punctuated equilibrium." Punctuated equilibrium is a term biologists use to describe a hypothetical pattern in which species emerge through occasional bursts of rapid change rather than through steady evolution.
Thurow's misuse of the term is like describing an economic slump as a "period of business cycle," not realizing that business cycle refers to the whole pattern of recessions and recoveries, not just the bad stretches.
Thurow has filled this book with statistical tables and long discussions of issues such as the impact of foreign competition on wages.
www.pkarchive.org /cranks/Thurow.html   (613 words)

  
 Welcome to CollegeNET
Lester Thurow, MIT Professor of Management and Economics and best-selling author, will give the lecture, "Ensuring a Solid Foundation for Education, the Stakes for America and Our Future" covering the importance of educational funding to our overall economy.
Thurow will also comment on the tension between funding for seniors versus funding for education and how education funding is liable to be impacted by the graying of our population.
Thurow was a former staff economist on President Lyndon Johnson's Council of Economic Advisors.
corp.collegenet.com /news/thurow   (498 words)

  
 Commentary Magazine - Dangerous Currents: The State of Economics, by Lester C. Thurow   (Site not responding. Last check: 2007-10-21)
Lester C. Thurow first became visible in 1972 as chief economic adviser to George McGovern.
...Thurow argues that the principal attraction of the price-auction model is its deterministic certainty -a certainty that can be codified and quantified in higher mathematics (which is the business of econometrics...
...In Thurow's view, Reagan-style supply-side economics "represents the triumph of literal and unqualified equilibrium price-auction economics," especially in the claim that the increased output resulting from a tax cut would yield new tax revenues exceeding the revenue lost from the tax cut...
www.commentarymagazine.com /Summaries/V76I5P80-1.htm   (1875 words)

  
 Amazon.com: Building Wealth: The New Rules for Individuals, Companies and Nations: Books: Lester C. Thurow   (Site not responding. Last check: 2007-10-21)
Thurow himself had a previous unpleasant confrontation with the real world when he predicted in his 1992 book, Head to Head, that Japan would rule the world economically and the U.S. would end up a third class economic power in the 1990's.
Thurow's ignorance of the world outside his ivory tower is equally apparent in his view of the past.
Thurow is at his worst as a techno-booster pundit, and in retrospect he appears to have been as gullible as the rest of us.
amazon.com /Building-Wealth-Individuals-Companies-Nations/dp/0887309518   (3344 words)

  
 TheStreet.com: A Thurow-ly Disappointing Read
And Thurow advocates a sensible system of highway tolls, carefully adjusted to limit automobile traffic during rush hours and simultaneously provide subsidies for people who take public transportation or drive at off-peak hours of the day and night.
In his section called "Managing the Tensions of Wealth Creation," Thurow seems to be arguing that destroying the "efficiency" of AT&T's (T:NYSE) telephone monopoly in the early 1980s deprived the U.S. of major economic benefits.
Perhaps Thurow is teaching by demonstrating that a good way to build wealth in the knowledge economy is to package one or two simple ideas at a time, and price it exorbitantly.
www.thestreet.com /comment/bookshelf/776856.html   (812 words)

  
 Capitalism's Future, Seismic If Not Apocalyptic
Thurow's mighty plates he describes as ''a demography never before seen,'' in which the world's population is growing in size, moving from poor countries to rich ones and getting older.
Thurow perceives as ''remaking the economic surface of earth'' is also imposing.
Thurow writes: ''When conditions have existed for a long period of time and nothing has happened, humans, being human, begin to believe that it is possible to defy economic gravity forever.
partners.nytimes.com /library/financial/crisis-thurow-review.html   (651 words)

  
 Saving globalization from itself
Thurow argues that nations must accept the fact that some amount of inequality and instability are inherent in globalization, but we can work to keep those defects from turning into crises that topple the entire structure.
Thurow is an economist with that most felicitous of gifts: the ability to explain complex matters in an easy-to-understand manner.
Thurow is a clear thinker who knows his economic history and uses it to make judgments about the future.
www.sfgate.com /cgi-bin/article.cgi?f=/c/a/2003/11/30/RVG9Q362V31.DTL   (831 words)

  
 NPQ
Lester Thurow is an economics educator, and a member of the Board of Advisors at NPQ.
Thurow is currently a professor of economics at MIT.
Thurow was a member of the editorial board of the New York Times and a contributing editor of Newsweek.
www.digitalnpq.org /about/thurow.html   (76 words)

  
 NAREIT - Capital Markets
Thurow is a prominent economist, futurist and change agent.
Thurow: The problem is that the world has never seen a slow fall.
Thurow: Part of it is the analysis in the book and part of it is what's already happened.
www.nareit.org /portfoliomag/04mayjun/capital.shtml   (1660 words)

  
 UCSD Social Sciences   (Site not responding. Last check: 2007-10-21)
MIT economist and best-selling author Lester C. Thurow will present his ideas on "Biotech Billions, Microchip Trillions: New Rules in a Knowledge-Based Economy," at the Oct. 26 meeting of the University of California, San Diego Economics Roundtable.
Thurow has been recognized throughout the world as a leading expert on economic issues.
In his work, Thurow addresses the factors driving economic change in the global economy and charts a course for profiting from today's world in flux.
ucsdnews.ucsd.edu /newsrel/soc/dlthuroweconrndltbl.htm   (198 words)

  
 Lester Thurow's Wake-up Call to India -- Wednesday, November 5, 2003
According to Thurow, the lack of widespread, basic education in India handicaps the country as it competes with China.
Thurow praises China's approach of getting everybody educated up to the third grade, then to the sixth grade, tenth grade, twelfth grade, and so on.
Thurow notes that there were two ways for a country to acquire technology.
www.emergic.org /archives/indi/007341.php   (537 words)

  
 Commentary Magazine - The Zero-Sum Society, by Lester C. Thurow   (Site not responding. Last check: 2007-10-21)
...In this, Thurow's view is reminiscent of the arguments put forth over a generation ago in behalf of the welfare state...
...Thurow pays no attention whatsoever to those nations most committed to socializing the economy-the Communist bloc-but if he had, he would have discovered they have failed as badly in creating wealth as in establishing equity...
...Thurow himself admits that no factual or logical basis exists for such a judgment, and simply asserts we would be better off if the income distribution of all groups resembled that currently obtaining for white males, since the latter suffer none of the handicaps others do in the labor market...
www.commentarymagazine.com /Summaries/V70I3P88-1.htm   (1528 words)

  
 Amazon.ca: Fortune Favors the Bold: What We Must Do to Build a New and Lasting Global Prosperity: Books: Lester C. ...   (Site not responding. Last check: 2007-10-21)
Thurow admits flaws in the capitalist system, but firmly believes the game can be handicapped to reduce some of the inequalities.
Thurow's premise is that globalization will proceed at a rapid pace whether or not firms and nations choose to participate, that this process has created great challenges, and that the economic future of the world is at stake.
Thurow also analyzes threats to the globalization process, including a collapse of the dollar, the lack of international guarantees of intellectual property rights to stimulate technology development, and the lack of life-saving drugs necessary for development of the poorest nations.
www.amazon.ca /Fortune-Favors-Bold-Lasting-Prosperity/dp/0060750693   (2058 words)

  
 The Globalist | Biography of Lester Thurow
Lester Thurow has been a professor of management and economics at MIT for more than 30 years, beginning in 1968.
Thurow writes for the general public in a number of American and international newspapers.
A 1960 graduate of Williams College, Thurow received his M.A. in 1962 on a Rhodes Scholarship at Balliol College (Oxford) — and his Ph.D. in economics from Harvard University in 1964.
www.theglobalist.com /DBWeb/AuthorBiography.aspx?AuthorId=412   (357 words)

  
 Books: Lester C. Thurow - Building Wealth: The New Rules for Individuals, Companies, and Nations in a Knowledge-Based ...   (Site not responding. Last check: 2007-10-21)
The world is on the verge of another industrial revolution, driven by knowledge this time, not the steam engine or electricity, according to noted MIT economist Lester C. Thurow.
To ready themselves for this new economy, companies and nations need to build what Thurow calls a "wealth pyramid," using building blocks such as a solid social organization, entrepreneurial skills, and education that encourages creativity and curiosity.
"Thurow is a cogent analyst and an excellent interpreter of economic debate." --This text refers to an out of print or unavailable edition of this title.
www.new-ageshop.com /books-wealth-building_6.html   (370 words)

  
 PCPA - A lecture by Dr. Lester Thurow
Thurow has been hailed as "one of he sharpest intelligences currently dissecting economic policy" by the Financial Times.
A prolific writer, Thurow is the author of several groundbreaking and successful works.
With The Future of Capitalism: How Today's Economic Forces Shape Tomorrow's World, Thurow looked at the changing structure of the world economy and what it will take for individuals, firms and nations to be successful in the new economic game that is being developed at the end of the second millennium.
www.pcpa.com /events/event.php?run=188   (192 words)

  
 Thurow, Lester Carl - HighBeam Encyclopedia   (Site not responding. Last check: 2007-10-21)
THUROW, LESTER CARL [Thurow, Lester Carl], 1938-, American economist, b.
Professor of management and economics at the Massachusetts Institute of Technology (MIT), Thurow is an influential writer and lecturer who is often consulted about national economic policies.
Find newspaper and magazine articles plus images and maps related to "Thurow, Lester Carl" at HighBeam.
www.encyclopedia.com /doc/1E1-thurowl1.html   (284 words)

  
 ePier -Head to Head ~ Lester Thurow HC/DJ ~ TWC Charity Auction
Thurow (Dean/MIT-Sloan School of Management; The Zero-Sum Solution, etc.) takes a contrarian approach in predicting that Europe, not America or Japan, could prove the biggest winner in a bloodless clash that promises to shape the 21st century.
Thurow notes, the EC will constitute a unified market with a well-educated population of 337 million and a GNP larger than that of the US; the addition of nonmember nations, plus erstwhile Soviet republics and/or satellites, would boost the head count to 850 million.
In the meantime, Thurow observes, corporate America"s individualist, profit-maximizing enterprises are engaged in a spirited competition with the communitarian empire-builders of Japan, and the victor will determine the rules by which the great game of capitalism is played for decades to come.
www.epier.com /Books&Magazines/Non-Fiction/Other/255447.asp   (586 words)

  
 7-26-99; Lester Thurow, Down the Drain
Thurow insisted the economy was headed for the new recession he had been predicting.
Thurow -- one of the few economists in America who are almost household names -- wants to be your guide to the New Economy.
Though it's high-tech, Thurow's New Economy is ruthlessly Darwinian, populated by a handful of supersuccesses and vast numbers of basket cases.
www.polyconomics.com /searchbase/07-26-99.html   (1104 words)

  
 MIT World » : The Emergence of China in the Global Economy
In contrast to Russia, says Thurow, China solved the problem of moving from communism to capitalism in less than two decades.
According to Thurow, China decided, “We’re the cheapest place to make everything.” Foreign firms flooded in, selling equipment to China, or making products there and selling them back to the developed world.
Also, Thurow believes tales of China’s phenomenal growth are often just that — fictions sold by bureaucrats to rate a promotion.
mitworld.mit.edu /video/220   (398 words)

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