Word: lazonick
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Dates: during 1970-1979
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Responding to a mixture of strong student pressure and a pledge made last spring, the Economics Department's senior faculty voted Tuesday to appoint a Marxist graduate student, William H. Lazonick, to an assistant professorship in Economics. Lazonick's appointment will formally begin on July 1, 1975 and run for five years--the maximum amount of time possible for a non-tenured position...
Sources in the department, however said this week--in the aftermath of Lazonick's appointment--that conservative senior faculty, particularly James S. Duesenberry, chairman of the department, had indeed taken the pledge seriously...
...hiring very likely is only half a loaf for the radical graduate students and their one tenured faculty ally--Stephen A. Marglin '59, professor of Economics. Case said this week, "If Sam Bowles--the best Marxist economist in the country--couldn't get tenure. I don't think Lazonick will get tenure either...
Staffers of Dollars and Sense emphasize the national orientation of the magazine. "We don't want this to be seen as a Harvard-centered project," said Bill Lazonick, a graduate student here. "We're trying to draw on the resources of radical economists all over the country...
...William Lazonick, a third year graduate student here, indicated yesterday that undergraduates attracted to the non-orthodox approach will not choose Harvard as their academic haven and graduate students here looking for jobs, will search elsewhere...