Lester Thurow, who served as Dean of MIT Sloan School of Management from 1987 to 1993 passed away in late March. Thurow is the author of the best-selling book, The Zero-Sum Society, which covers the human implications of economic problem solving and interprets macroeconomics as a zero-sum game. Or, as it is commonly known as today, income inequality. Thurow's book offers a set of recommendations about how to balance government stewardship of the economy with free-market aspirations. In discussing inflation, poverty, and unemployment, Thurow told the Boston Globe in 1979 that, "All our problems have solutions, but not necessarily politically feasible ones." (Image courtesy of WGBH)
"A big part of our competitive problems stem from top management that doesn't understand the technology they are supposed to manage," said Thurow to the Boston Globe upon his appointment as dean. "Somehow we need to give managers without formal training in science and engineering and understanding, a competence, in technology."