July 31, 2012
Greenwald and Stiglitz Talk Globalization with Students
Topics
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Business Economics and Public Policy
Leadership
World Business
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Columbia Business School EMBA Course Connects Students with Thought Leaders
Professors Bruce Greenwald and Joseph Stiglitz shared their expertise on globalization with Executive MBA students during a course at Columbia Business School July 22-26.
Storified by Columbia B-School · Tue, Jul 31 2012 06:03:22
Thursday, July 26
Globalization w/ Stiglitz & Greenwald @Columbia_Biz - phenomenal! :D #stigwald #globalizationTo Wit...er...?
BG: Adapt your markets to your message, not vice versa. i.e, go to markets where you can operate truly close to your "knitting" -#stigwaldJeffKlainberg
"expanding globally is like making love to a porcupine, you want to do it very carefully." -BG #stigwaldsusannah stayter
"If you cannot adapt your ideology to a market, you have to adapt your market to your ideology." #stigwald @stayterJennifer Hajj
Adapting to change is a reasonable metaphor for globalization. #stigwald @stayterJennifer Hajj
Wednesday, July 25
Professors Joseph Stiglitz and Bruce Greenwald discuss group projects with students.Columbia Business School
RT @stayter: Stiglitz takes a break from teaching us to spend some time with Jon Stewart tonight http://goo.gl/S5Ocv #stigwaldChris Kuhar
Joseph Stiglitz (The Daily Show with Jon Stewart)Comedy Central
On China holding USD: Like holding a ton of meat in an unplugged refrigerator. #stigwaldMonique Smith
"France is tricky. If they're smart, they'll join the southern states. But it's France- so you know they won't make that decision" #stigwaldsusannah stayter
"The Euro is dead and the only issue left is to let it die with dignity" - BG, "I want to talk about life after death" - JS #stigwaldMonique Smith
Stiglitz:Creation of Euro zone "sort of made sense if you did not think of things deeply." Details of free market creation matter. #stigwaldJeffKlainberg
MT @Monique_Smith The problem w/ addressing global warming is in US politics 1 of the 2 parties doesn't believe in science - JS #stigwaldColumbia B-School
Tuesday, July 24
Professor Bruce Greenwald lectures on productivity growth, outsourcing, and labor markets.Columbia Business School
"The IS curve is vertical". Greenwald just spent the last hour completely discrediting the academic principles of macro economics. #stigwaldsusannah stayter
Only in lake woebegone can all of the investors outperform the market #stigwaldMonique Smith
China doesn't have economies of scale to achieve global intellectual dominance. Scholar communities -centralized & have longevity #stigwaldKristen Kammerer
Globalization should not be applied broadly. Eg pharma: R&D is global but marketing and distribution are LOCAL. #stigwaldJeffKlainberg
Monday, July 23
Professor Bruce Greenwald discusses financial markets and the global financial system.Columbia Business School
More than anything, productivity growth is the source of US job loss, not outsourcing #stigwaldKristen Kammerer
Greenwald: Dimensions of competition that are global: tech evolution and demand. But most telling dimensions are actually LOCAL. #stigwaldJeffKlainberg
MT @KKtheEMBA During the evolution of new tech & demand, let other global companies do the research while you prep local market #stigwaldColumbia B-School
During the evolution of new tech & demand, let other global companies do the research for you while you prep the local market #stigwaldKristen Kammerer
Sunday, July 22
"occasionally I am wrong- though not nearly as frequently as Thomas Friedman"-B. Greenwald on the clear villain of the week #stigwaldsusannah stayter
Expansion of Walmart looks like a bad case of ringworm #stigwaldMonique Smith
Greenwald just blew up the idea of 1st mover advantage. 'People recall the prominent survivors' #stigwaldJeffKlainberg
Globalization is also about ideas and the spread of democracy. #ArabSpring #StigWaldKristen Kammerer
Stiglitz & Greenwald in more agreement than not to start class. Surely this can't last! #stigwaldJeffKlainberg
After reading Greenwald's Globalization ('09), can't wait to hear his current thoughts on the subject in our CBS block week #StigWaldKristen Kammerer
Related Links
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Executive EMBA Program
Joseph Stiglitz
Bruce Greenwald