Word: shleifer
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...internationalization also failed to provide a successful model. A 1973 Harvard Business School educational program in Switzerland fell by the wayside due to lack of enthusiasm, and the Harvard Institute for International Development became embroiled in controversy due to an investment scandal in Russia surrounding Harvard economics professor Andrei Shleifer...
With his legal troubles now permanently behind him and his year-long sabbatical over, Shleifer says he continues to concentrate on the things that are most important to him: students, colleagues, and research...
...advisory role turned out to be ill-fated. Shleifer and his wife, hedge fund manager Nancy Zimmerman, made investments in the Russian economy even as he advised the government on economic reform. The conflict of interest would lead to a federal lawsuit against Shleifer, one of his associates, and Harvard, resulting in a $26 million fine against the University and $2 million penalties apiece for Shleifer and the associate. When the dust settled, the University stripped Shleifer of his endowed chair—but not tenure—and the furor contributed to the ouster of Summers from the Harvard...
This year, Shleifer has emerged on campus as a much-sought-after undergraduate instructor: he teamed up with Professor of Economics David I. Laibson ’88 to teach a course on psychology and economics, and also taught a small seminar on political economics as part of the economics department’s first ever junior tutorial program...
...They have both conducted research on a wide-range of economic issues that are of critical importance,” Maier Professor of Political Economy Benjamin M. Friedman ’66 says of DeLong and Shleifer. “They are exemplary economists and stars in the profession...