Noted economist to discuss the end of the managerial era

Noted economist to discuss the end of the managerial era

Grove City College’s School of Business will host economist Dr. Richard N. Langlois for a lecture at 5 p.m. Friday, Nov. 15 in Sticht Lecture Hall of the Staley Hall of Arts and Letters on campus.

Langlois is chair of the Economics Department at the University of Connecticut and the author of several books about the economics of organization, institutions, and business. He will discuss his most-recent book “The Corporation and the Twentieth Century: The History of American Business Enterprise.”

“The School of Business is thrilled to have Dr. Richard Langlois speak on the topic of his recent Princeton University Press book” Dr. Caleb Fuller ’13, professor of Economics, said. “Langlois is a highly distinguished scholar, having made major contributions to economic history, the economics of organizations and the economics of institutions. His research has won some of the highest awards in the academy, so we are privileged to have such an erudite scholar share his wisdom with us.”

In “The Corporation and the Twentieth Century,” Langlois presents a definitive reframing of the economic, institutional, and intellectual history of the managerial era that dominated during much of the past century. He argues that the era is over, and that managerialism has been supplanted by entrepreneurial and market-driven modes of organization.

The book earned numerous awards, including the Alice Hanson Jones Prize by the Economic History Association and Foreign Affairs best book for 2023, and was a finalist for the George R. Terry Book Award of the Academy of Management and the Hayek Book Prize of the Manhattan Institute. Langolis has been recognized by the University of Connecticut for teaching and advising excellence.

His prior work has examined the economic history of technology and he has written on such industries as computers, semiconductors, and software.

His next book “An Advanced Introduction to the Economics of Organization,” is part of Edward Elgar Publishing’s “Advanced Introduction” series.

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