Founder and Chief Executive Officer of Hermitage Capital Management
December 2, 2016
World Disorder Lecture Series: Lawless Economy?
In this public lecture, Bill Browder, Founder and Chief Executive Officer of Hermitage Capital Management, will give a firsthand critical analysis of the Russian economy–—particularly the absence of the rule of law–—laden with insights derived from his personal experience.
In 1916, social theorist Thorstein Veblen called for the post-war institution of “academic houses of refuge... where teachers and students of all nationalities, including Americans with the rest, may pursue their chosen work.” In 1923, Oswald Veblen contacted Simon Flexner, who suggested “you might speak with my brother, Mr. Abraham Flexner,” thus bringing in Louis Bamberger and Carrie Fuld, whose fortunes had been launched selling distressed merchandise out of a Newark storefront in 1892.
The American Revolution had an enormous, but bitterly divisive impact on European (and Canadian and Latin America) political thought and attitudes. From 1776 began a furious ideological war within the USA over the question of democracy that helped precipitate an even more ferocious conflict between democratic and aristocratic forms of government in Europe. By the 1820s, it seemed that the aristocratic-monarchical system, led by Britain, had finally extinguished "Americanism" everywhere outside the USA.