Tuesday, May 15, 2007

Father of Organizational Economics Passed Away

This is from NYT:

"Alfred D. Chandler Jr., an economic historian who revolutionized the writing of business history, shunning the old debate about whether tycoons are good or bad, and instead arguing persuasively in almost two dozen books that it was the emergence of professional management that propelled modern capitalism, died on May 9 in Cambridge, Mass. He was 88."

Read more here.

As my friend Kurt Schuler told me long ago, Chandler deserves a Noble Prize in economics.
Here is David Warsh on Chandler. Major works of Chandler could be bought here.

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