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- 12 Oct 1999
- Research & Ideas
It Came in the First Ships: Capitalism in America
none of these examples represented modern capitalism. Few had much to do with the First Industrial Revolution, let alone the Second or Third. Each concerned farming, commerce, and trading, not technology and manufacturing. But all contained powerful elements of... View Details
Keywords: by Thomas K. McCraw
- 07 Feb 2007
- Research & Ideas
Dividends from Schumpeter’s Noble Failure
justifiable groan I have nothing to oppose but the question whether he expected to find it easy." But however much an author's reach should exceed his grasp, it is not by this much.15 His method of writing resembles that of the... View Details
Keywords: by Thomas K. McCraw
- 01 Mar 2013
- News
Thomas K. McCraw, 1940–2012
Thomas K. McCraw, the Isidor Straus Professor of Business History, Emeritus, and winner of the 1985 Pulitzer Prize in History for his book Prophets of Regulation, died in November. He was 72 years old. "Tom... View Details
Keywords: obituary
- 08 May 2008
- News
Professor Thomas McCraw Wins the Hagley Prize in Business History
- 01 Oct 1997
- News
Antitrust in Historical Perspective
enforcers have made a great many mistakes over the years. But in general they have managed to move toward outcomes that have been not without economic and social benefit. Thomas McCraw and Richard Tedlow are... View Details
Keywords: Thomas K. McCraw and Richard S. Tedlow
- 01 Oct 2000
- News
Q & A: Bain & Company's Thomas J. Tierney
In January 2000, Thomas J. Tierney (MBA 1980) announced that he would step aside as worldwide managing director of Bain & Company, a position he had held since 1992, and become chairman of The Bridge Group, a new Bain affiliate. Tierney's... View Details
- 19 Nov 2010
- Working Paper Summaries
Do Bonuses Enhance Sales Productivity? A Dynamic Structural Analysis of Bonus-Based Compensation Plans
- 12 Feb 2013
- Working Paper Summaries
Do Bonuses Enhance Sales Productivity? A Dynamic Structural Analysis of Bonus-Based Compensation Plans
- 07 May 2007
- Research & Ideas
Rediscovering Schumpeter: The Power of Capitalism
If capitalism was the most influential single economic and social force of the 20th century (and continuing today), there is no better guide to understanding its power and complexity than famed economist Joseph Schumpeter, says Harvard Business School's View Details
- 08 Oct 2012
- Research & Ideas
The Immigrants Who Built America’s Financial System
establishing the struggling young country's financial system. In The Founders and Finance: How Hamilton, Gallatin, and Other Immigrants Forged a New Economy, Thomas McCraw, the Isidor Straus Professor of Business History Emeritus at... View Details
- 2012
- Book
The Founders and Finance: How Hamilton, Gallatin, and Other Immigrants Forged a New Economy
In 1776 the United States government started out on a shoestring and quickly went bankrupt fighting its War of Independence against Britain. At the war's end, the national government owed tremendous sums to foreign creditors and its own citizens. But lacking the power... View Details
Keywords: History; Sovereign Finance; Ethnicity Characteristics; Economics; Great Britain; United States
McCraw, Thomas K. The Founders and Finance: How Hamilton, Gallatin, and Other Immigrants Forged a New Economy. Harvard University Press, 2012.
The Founders and Finance
In 1776 the United States government started out on a shoestring and quickly went bankrupt fighting its War of Independence against Britain. At the war’s end, the national government owed tremendous sums to foreign creditors and its own citizens. But lacking... View Details
- 23 Jul 2001
- Research & Ideas
Sam Walton: Great From the Start
store business in a serious way. He bought the lease to prevent his "friendly" rival John Dunham from acquiring the property and expanding his Sterling Store. Newport already had a couple of department stores. One of these was owned View Details
- 30 Sep 2014
- First Look
First Look: September 30
supply chain factories' adherence to the global labor standards embodied in codes of conduct imposed by multinational buyers. We find that suppliers are more likely to adhere when they are embedded in states that participate actively in... View Details
Keywords: Sean Silverthorne
- 25 Jan 2021
- Book
In a Nutshell, Why American Capitalism Succeeded
How did the United States become the world’s center of business growth following its founding in 1776? Surely a number of nations had powerful natural resources, stable financial and legal institutions, and dynamic entrepreneurs over that same span. Why was American... View Details
- 01 Jan 2008
- News