October 18, 2021
Is capitalism in trouble? Is it ill-equipped to face the emerging challenges? Has it forgotten some of the lessons taught by economists from Adam Smith to Albert Hirschman? John L. Campbell, Class of 1925 Professor of Sociology and one of the world's leading experts on the sociology of economic institutions, addressed these questions in his provocative new book, co-authored with John A. Hall, What Capitalism Needs: Forgotten Lessons of Great Economists (Cambridge, 2021). He discussed his book in a PEP event on Oct. 25.