William Lazonick is an economist. In this live recording Ed Zitron is joined by William Lazonick, professor emeritus of economics at the University of Massachusetts, who is also the co-founder and president of the Academic-Industry Research Network, to talk about how the incentives of shareholder capitalism and stock buybacks are destroying innovation.
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Buy out, layoff, profit off empty IPs…the new norm.
Good podcast episode:
Better Offline - William Lazonick on How The Stock Market Killed Tech
William Lazonick is an economist. In this live recording Ed Zitron is joined by William Lazonick, professor emeritus of economics at the University of Massachusetts, who is also the co-founder and president of the Academic-Industry Research Network, to talk about how the incentives of shareholder capitalism and stock buybacks are destroying innovation.