Entrepreneurship in a Global Economy

Wed, 09/18/2002 - 3:45pm

Our first Satellite Broadcast for the 2002-2003 season features Lester Thurow, Professor of Economics and Management and Dean Emeritus of the Sloan School of Business at MIT.  Thurow is a global thought leader in economics and is the author of a dozen books, including three New York Times best sellers.  He is a captivating speaker and mentor and the Enterprise Forum is delighted to host what promises to be a dynamic discussion.

Thurow plans to discuss: <?xml:namespace prefix = o /?>

  • Recessions are normal in capitalism. However, the current shifts in technology, and the entrepreneurship that went with it, were instrumental in starting this recession and have changed the characteristics of the recession that has emerged.
  • Markets go from "overly optimistic" to "overly pessimistic" without ever passing through truth. The new economy is alive and    well, and most of the changes lie ahead.
  • What is the probability of a "double-dip" recession where the first dip is caused by a fall in business investment, and the second dip by a fall in consumption?
  • Everyone wants to know the timing of a recovery, but timing is what economists do worst.
  • Today's business scandals are NOT abnormal. They occur at the end of every bubble.
  • Today's environment requires companies to have a chief knowledge officer.