William Lazonick, Professor of Economics, University of Massachusetts Lowell, and Jang-Sup Shin, Associate Professor of Economics, National University of Singapore

William Lazonick is President of the Academic-Industry Research Network and Emeritus Professor of Economics at the University of Massachusetts. He has professorial affiliations with SOAS, University of London, and Institut Mines-Télécom in Paris. His research focuses on the social conditions of innovation, socioeconomic mobility, employment opportunity, income distribution, and economic development in advanced and emerging economies.

Jang-Sup Shin is professpr of Economics at the National University of Singapore. His research interests include East Asian economic growth, financial crises and restucturing, technology and innovation, competitive strategies, and organizations of firms. He has previously served as a part-time economic advisor to the Finance Minister of Korea, as well as an editorial writer for Maeli Business Newspaper, a leading economic newspaper in Korea. crises and restucturing.

"Lazonick and Shin have offered an important contribution to the emerging literature on industrial organization and its relationship with problems of inequality and stagnation in the United States." - Zack Knauss, ILR Review

"This book richly deserves to be read and discussed by progressive economists and anyone who cares about the future of the US economy, including students. Each chapter is largely self-contained and well suited for assigned reading in undergraduate or graduate classes." - Mehrene Larudee, Review of Radical Political Economics