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Lester Thurow

From Wikipedia, the free encyclopedia

Lester Carl Thurow (1938) is a former dean of the MIT Sloan School of Management and author of numerous bestsellers on mainstream economics.

Thurow was born on in Livingston Montana. He got his B.A. in political economy from Williams College in 1960, where he was Phi Beta Kappa as a junior, and a Tyng Scholar. Thurow was awarded a Rhodes Scholarship, and went to Balliol College, Oxford to read Philosophy, Politics and Economics, graduating in 1962 with first class honors. He received a Ph.D. in Economics from Harvard University in 1964.

Thurow is on the board of directors of Analog Devices, Grupo Casa Autrey, and E*Trade.

Thurow is currently an economics columnist for, among others, the Boston Globe and USA Today. He was previously an economics columnist for and on the editorial board of the New York Times, and was a contributing editor to Newsweek.

Thurow is a longtime advocate of a Japanese and European type system with greater government intervention in the economy than the United States currently possesses; an idea that has come to be known as "Third Way" philosophy. He has achieved some notoriety for books he wrote in the 1980s suggesting that the Soviet Union, due to their command economy, posed a significant economic threat to the United States. In 1989 he wrote, "Can economic command significantly... accelerate the growth process? The remarkable performance of the Soviet Union suggests that it can... Today the Soviet Union is a country whose economic achievements bear comparison with those of the United States." [1]

His best selling book, "Head to Head", compares economic growth and living standards among Japan, Europe & USA.

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