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Somewhere Over the Rainbow!
| Peter Lewin | I am envious. My brother in law and my nephew are in the Serengeti National Park in Tanzania. He is sending short reports via his Blackberry. His descriptions are graphic — he is...
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Academic Nepotism in Italy
| Lasse Lien | In case you wonder the author of this paper — Stefano Allesina — works in Chicago: Abstract: Nepotistic practices are detrimental for academia. Here I show how disciplines with a high...
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What Do Boards Really Do?
| Peter Klein | Coase is fond of telling this story about the economist and the horse: Economics, over the years, has become more and more abstract and divorced from events in the real world....
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Self Employment, Entrepreneurship and Economic Growth
| Peter Lewin| Interesting new monograph from the IEA (Institute of Economic Affairs) in the UK on: Self Employment, Small Firms and Enterprise. A pdf is available for free here. And here is the...
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CFP: ISNIE 2012
| Peter Klein | The Call for Papers for the 2012 ISNIE conference, 14-16 June 2012 at the University of Southern California, is now posted. Proposals are due 30 January 2012, so start working on those...
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Easterly at the Southerns
| Peter Lewin | I should also mention that Bill Easterly gave the distinguished guest lecture this year on “Does Development Economics Cause Economic Development?” I thought it was excellent — both...
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Rationalistic Hubris and Opportunistic Behavior
| Peter Lewin | The October 2011 issue of the Journal of Economic Behavior & Organization is a special issue on the work of James Buchanan, guest edited by Pete Boettke, arising out of a recent...
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Shared Governance and the Coattail Effect
| Dick Langlois | Speaking of football. I just now received an email newsletter from the American Association of University Professors (AAUP), the union of which I am necessarily a member. The...
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Virtual Ownership and Managerial Distance
| Dick Langlois | If you’re in New York on February 6, you might want to go hear the always-interesting Henry Hansmann talk about work he is doing with Nicolai’s CBS colleague Steen Thomsen. The talk...
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CFP: “Effects of Alternative Investments on Entrepreneurship, Innovation, and...
| Peter Klein | Along with Don Siegel, Nick Wilson, and Mike Wright, I am guest editing a special issue of Managerial and Decision Economics on the “Effects of Alternative Investments on...
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Do Prices Determine Vertical Integration?
| Dick Langlois | The title of this paper, by Laura Alfaro, Paola Conconi, Harald Fadinger, and Andrew F. Newman, caught my eye. Then the abstract really caught my attention. What is the relationship...
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Two AoM PDWs of Interest
| Peter Klein | O&Mers attending the AoM conference may find these Professional Development Workshops, sponsored by the Academy of Management Perspectives and based on recent AMP symposia, of...
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Guiso, Sapienza, and Zingales on Corporate Culture
| Peter Klein | Luigi Guiso, Paola Sapienza, and Luigi Zingales tackle the elusive concept of corporate culture in a new NBER paper. Using survey data from the Great Place to Work Initiative they show...
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Business Groups in the US
| Peter Klein | Diversification continues to be a central issue for strategic management, industrial organization, and corporate finance. There are huge research and practitioner literatures on why...
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Firm Boundaries Matter
| Peter Klein | Do firm boundaries — defined as ownership of the relevant capital goods — affect firm behavior and performance? Or is the firm best understood as a nexus of contracts, in which...
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Corporate Governance in the 19th Century
| Peter Klein | A new NBER paper on 19th-century manufacturing firms in Massachusetts finds that incorporation rates, ownership concentration, and and managerial ownership varied systematically with...
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Microeconomics of Central Banking
| Peter Klein | I have a chapter in a new book edited by David Howden and Joseph Salerno, The Fed at One Hundred: A Critical View on the Federal Reserve System (New York: Springer, 2014). My chapter is...
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The WINIR Greenwich Conference
| Dick Langlois | I write on the flight back from the inaugural conference of the World Interdisciplinary Network for Institutional Research (WINIR), which met on the Prime Meridian these last few...
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The Medieval Enlightenment in Economic Thought
| Dick Langlois | Attending academic presentations as a spectator – a pure consumer – can be great fun. On November 20, I drove up to Boston for one day of a wonderful conference, put together by the...
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Henry G. Manne (1928-2015)
| Peter Klein | Very sorry to report the passing of Henry Manne yesterday at the age of 86. Manne made seminal contributions to the literatures in corporate governance, securities regulation, higher...
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