David R. Howell
David R. Howell is a professor of economics and public policy at the New School’s Milano School of Policy, Management, and Environment. He is an affiliated member of the New School’s economics department, a Faculty Research Fellow at the Schwartz Center for Economic Policy Analysis (The New School), and a Research Scholar at the Political Economy Research Institute (U-Mass Amherst). His research focuses on social policy and labor market outcomes.
Inequality
The Lousy Job Economy: Young People Bear the Brunt of a Long-Term Decline in American Job Quality
A new study finds a steady decline in the quality of American jobs between 1979 to 2017, even as GDP has grown. This decline...
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Media
Bethany McLean’s Weekend Reading List: Wirecard, Covid-Overwhelmed Hospitals, and Plastic
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.
Friedman 50 Years Later
“50 Years Later, It’s Time to Reassess”: Raghuram Rajan on Milton Friedman and Maximizing Shareholder Value
The biggest problem with shareholder value maximization is that it completely turns a tin ear to politics. The alternative is to maximize...
Friedman 50 Years Later
It Is Time to Move on From Friedman’s View of the Corporation
The anti-CSR position defended by Friedman would be acceptable only under conditions that have never been met by any real-world economy. Furthermore,...
Friedman 50 Years Later
Corporations Are Already Plenty Powerful. Stakeholder Capitalism Could Make Them More So
Encouraging corporations to further step into the role of governments and civil society groups by becoming more "socially focused" risks greater depreciation...
Friedman 50 Years Later
The Real Effects of Environmental Activist Investing
A new study examines the efficacy of climate-focused investor engagements initiated by the New York City Pension System. Its findings support the...
Friedman 50 Years Later
For Whom Corporate Leaders Bargained: What the Past Can Teach Us About the Questionable Promise of Implementing Stakeholder Capitalism Today
The debate about stakeholder capitalism should seek to learn from our experience with constituency statutes, which authorized corporate leaders to take into...
Friedman 50 Years Later
The Enduring Wisdom of Milton Friedman
Shareholder value maximization has been extremely successful globally in the way that matters most because, in many cases, maximizing shareholder value is...
