In her book Competition is Killing Us: How Big Business Harms Our Society and Planet - and What to do About it, Michelle Meagher seeks to answer the elusive question at the heart of many of the most important economic debates of our times: why does corporate capitalism concentrate wealth and power in so few hands, but spread its harms so widely?
Beneath the waves, marine ecosystems are suffering. Climate change is making the world’s oceans hotter, more acidic, and less oxygen rich at a time when fish already face warlike industrial overfishing around the globe. Human pressures are causing fisheries to disappear, driving marine animals towards the poles, shrinking the size of fish bodies, fueling cyclones and floods, and shifting currents.
Please join us for this online discussion on the future of U.S.-China relations, featuring faculty and fellows of the Paul Tsai China Center.
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This interdisciplinary virtual workshop and seminar led by Professors Ian Ayres ‘86 and Abbe R. Gluck ‘00, features leading scholars, industry leaders, scientists, advocates, and government experts to discuss the pandemic’s intersections with, and disruptions to, many areas of law.
The workshop is open to the whole community; Q&A will be conducted via the chat for those not enrolled in the seminar. The full list of speakers for this week's worksop are below.
September 2 – COVID and the Election – at 5pm
ABSTRACT: "This paper identifies and quantifies the role played by birth-county based community networks in the growth of private enterprise in China. We document that historically determined population density is positively associated with enforceable trust in Chinese counties and the resulting quality of the business networks that emerged from those counties after privatization. This motivates a model of network-based spillovers that predicts how the dynamics of firm entry, concentration, and size vary with birth county population density, independently of other factors such as government infrastructure and agglomeration effects in the locations where firms are established. The predictions of the model are validated over the 1990-2009 period with administrative data covering the universe of registered firms. Competing non-network-based explanations can explain some, but not all of the results. We subsequently estimate the structural parameters of the model and conduct counter-factual simulations, which indicate that overall firm entry in the economy over the 1995-2004 period and the associated capital stock in 2004 would have been 11% and 12.5% lower without the rural hometown networks. Additional counter-factual simulations shed light on industrial policy."
Kim Lane Scheppele is the Laurance S. Rockefeller Professor of Sociology and International Affairs in the Woodrow Wilson School and the University Center for Human Values at Princeton University.
If you would like to attend, please email barbara.mianzo@yale.edu for zoom link and background reading.