Economic policy is not what it used to be. Countries that appeared until 2008 to have solved
their past economic misfortunes are now seeking new solutions to move out of the economic …

We examine the current state of the US public corporation and how it has evolved over the
last 40 years. After falling by 50 percent since its peak in 1997, the number of public …

In 1897, after the spreading of rumours about his health conditions, the great American
novelist Mark Twain famously wrote “The report of my death was an exaggeration”. The …

Little did we know when Sara Rynes first asked us to organize a special research forum on
public policy and management research that it would appear at a time of such great need …

By some measures, the US public corporation appears to be in the midst of a significant
decline, as Michael Jensen predicted 25 years ago in a Harvard Business Review article …

Markets and business have both fascinated and frustrated public administration scholars
and practitioners. Wilson (1887) clearly delineated the intellectual and practical locus of …

This booklet is one in a series designed to enhance the understanding of the private
enterprise system and the key forces affecting it. The series provides a forum for considering …

In a serious crisis, government must take on a larger role in the economy. Few dispute this,
even among those with a strong aversion to an active public sector in normal times. As many …

Why did the economies of continental Europe fail to converge on the US after their brilliant
post-second world war resurgence and then, more recently, start falling behind again (see …

Our deep dependence on privately owned corporations that are “too big to fail” is widely
acknowledged. Yet the implications are far more profound than we typically consider …