Lester Thurow

Lester C. Thurow is Gordon Y. Billard Professor of Economics and Management at MIT.

  • The Management Challenge

    The Management Challenge

    Japanese Views

    Lester Thurow

    What works for the Japanese? As our nation's balance of trade with Japan dips Eastward, American managers ask how Japan's economy has outperformed ours during the past 30 years. Some of the answers may be found in the original contributions in this book which are unique in presenting Japanese management as the Japanese see it. They provide American managers with insights into practices that may spark new solutions to old economic problems. Chapters cover motivation and productivity, the impact of Japanese culture on management, perceptions and reality of Japanese industrial relations, the firm and the market, the Japanese financial system, product diversification, strategy for overseas markets, competition and cooperation among Japanese corporations, industrial policy, economic planning, and the Japanese economy. Thurow's introduction provides a unifying framework and his comments on each chapter point up the implications that each contribution raises for the reblending of the American economic mixture.

    • Hardcover $25.00
    • Paperback $20.00 £15.99

Contributor

  • Inventing Modern America

    Inventing Modern America

    From the Microwave to the Mouse

    David E. Brown

    Lively accounts of thirty-five American inventors who helped shape the modern world.

    Inventing Modern America profiles thirty-five inventors who exemplify the rich technological creativity of the United States over the past century. The range of their contributions is broad. They have helped transform our homes, our healthcare, our work, our environment, and the way we travel and communicate.

    The inventors profiled include such well-known figures as George Washington Carver, Henry Ford, and Steve Wozniak, as well as unsung technological pioneers such as Stephanie Kwolek, inventor of Kevlar, and Wilson Greatbatch, inventor of the first implantable cardiac pacemaker.

    Inventing Modern America is designed to create excitement about invention through the personal stories of these American scientists, technologists, and researchers. It is accessible enough to engage high school students yet wide-ranging and interesting enough to appeal to anyone who has ever wondered where microwave ovens and traffic lights come from.

    The book was developed by the Lemelson-MIT Program for Invention and Innovation, whose mission is to inspire a new generation of American scientists, engineers, and entrepreneurs.

    • Hardcover $40.00 £32.00
    • Paperback $9.75 £7.99
  • Strategic Pragmatism

    Strategic Pragmatism

    The Culture of Singapore's Economics Development Board

    Edgar H. Schein

    foreword by Lester Thurow Per capita income in Singapore has gone from $500 to more than $20,000 in a little over twenty-five years. Edgar Schein, a social psychologist with a long and celebrated research interest in organizational studies, examines the cultural history of the key intstitution that spawned this economic miracle. Through interviews and full access to Singapore's Economic Development Board (EDB), Schein shows how economic development was successfully promoted. He delves into the individual relationships and the overall structure that contributed to the EDB's effectiveness in propelling Singapore, one of Asia's "little dragons" into the modern era. In his foreword, Lester Thurrow locates Schein's organizational and case-specific account within a larger economic and comparative framework. Over a period of two years, Schein studied how the EDB was created, the kind of leadership it provided, the management structure it used, the human resource policies it pursued, and how it influenced other organizations within the Singapore government. Schein sat in on EDB meetings and extensively interviewed current and former members of the board, Singapore's leaders who created the board, and businesspeople who have dealt with the board. His book intertwines the perspective of the board's members and its investor clients in an analysis that uses both organization and cross-cultural theory. Although there are currently studies of comparable Japanese and Korean organizations, this is the first detailed analysis of the internal structure and functioning of the economic development body of Singapore, a key player in the Asian and world markets.

    • Hardcover $55.00 £45.00
    • Paperback $30.00 £25.00