Donald Chew, "The Making of Modern Corporate Finance: A History of the Ideas and How They Help Build the Wealth of Nations" (Columbia Business School Publishing, 2025)

Donald Chew, "The Making of Modern Corporate Finance: A History of the Ideas and How They Help Build the Wealth of Nations" (Columbia Business School Publishing, 2025)

In The Making of Modern Corporate Finance: A History of the Ideas and How They Help Build the Wealth of Nations (Columbia Business School Publishing, 2025) Donald Chew profiles key figures in the development of modern corporate finance while emphasizing their counterintuitive lessons for shareholders, companies, and countries. He deals with such questions as: Why did the stagflation of the 1970s prove so painful and protracted? What explains the U.S. stock market’s forty-year run of 12 percent average annual returns? Why is Japan still mired in a decades-long recession? What accounts for the resilience of U.S. stock markets in the wake of COVID and the Fed’s interest rate hikes? Chew argues that answers to these questions lie ideas formulated and tested by finance scholars―notably, an efficient stock market in which prices reflect the long-run values of public companies and a market for corporate control that exerts pressure on management. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

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Episoder(1550)

On “Turtling” Versus Being Primed for Possibilities

On “Turtling” Versus Being Primed for Possibilities

Tissa Richards is a leadership expert, keynote speaker, and the award-winning author of No Permission Needed and Rethinking Resilience: Fueling Your Competitive Advantage. Her mission is to help bol...

9 Jul 31min

Are Capitalism and Democracy Fundamentally Incompatible? A Conversation with Mordecai Kurz

Are Capitalism and Democracy Fundamentally Incompatible? A Conversation with Mordecai Kurz

Today I'm speaking with Mordecai Kurz, Joan Kenney Professor of Economics Emeritus at Stanford University. We are discussing his latest book, Private Power and Democracy's Decline: How to Make Capital...

9 Jul 1h 3min

Tyler Girard, "Financial Inclusion: How an Idea Became a Global Agenda" (Stanford UP, 2026)

Tyler Girard, "Financial Inclusion: How an Idea Became a Global Agenda" (Stanford UP, 2026)

The number of people in the world with a bank account or money service provider increased by 2 billion over the past decade. This phenomenon reflects what Dr. Tyler Girard calls the global financia...

4 Jul 39min

The Tin Man Model of Running a Company Is Rusty

The Tin Man Model of Running a Company Is Rusty

Phil Le-Brun and Jana Werner are enterprise strategists at Amazon Web Services, based in London. Phil was previously a corporate VP and international CIO at McDonalds. Jana was formerly at DHL and stu...

2 Jul 25min

Kate Bayliss, "Privatising Humanity: How Our Essential Human Needs Became Financial Assets" (Manchester UP, 2026)

Kate Bayliss, "Privatising Humanity: How Our Essential Human Needs Became Financial Assets" (Manchester UP, 2026)

Privatising Humanity: How Our Essential Human Needs Became Financial Assets (Manchester UP, 2026) is the latest book from Dr Kate Bayliss, a Senior Research Fellow in the Department of Economics at...

1 Jul 50min

Juxuan Zhang and Pierre-Yves Donzé, "Entrepreneurs and the Structural Transformation of the Chinese Apparel Industry, 1980–2020" (Journal of Evolutionary Studies in Business, 2026)

Juxuan Zhang and Pierre-Yves Donzé, "Entrepreneurs and the Structural Transformation of the Chinese Apparel Industry, 1980–2020" (Journal of Evolutionary Studies in Business, 2026)

In this interview I met with Dr. Juxuan Zhang (Osaka University) to discuss her research on the history of the Chinese apparel industry since 1979. Her paper with Prof Pierre-Yves Donzé (Osaka Univers...

29 Jun 32min

Reinvention in an Era of Volatility

Reinvention in an Era of Volatility

Caroline Stokes is a strategist who works with C-Suites and Boards to lead their organizations through AI disruption, climate risk, and geopolitical instability. Her new book Aftershock to 2030: A C...

18 Jun 35min

How Does the Second-Hand Book Business Really Work? with WeBuyBooks Co-Founder Mike Lane

How Does the Second-Hand Book Business Really Work? with WeBuyBooks Co-Founder Mike Lane

Today I’m speaking with Mike Lane, Managing Director and co-founder of WeBuyBooks about the economics of the second-hand book business. WeBuyBooks is one of the UK’s largest second-hand book dealers. ...

12 Jun 45min

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