Michael C. Jensen, an economist and Harvard Business School professor whose evangelizing for stock options, golden parachutes and leveraged buyouts helped to reshape modern capitalism and empower Wall Street’s greed-is-good era, died on April 4 at his home in Sarasota, Fla.
The death was confirmed by his daughter Natalie Jensen-Noll.
“Mike was a kind of born proselytizer,” Eugene F. Fama, a University of Chicago professor and Nobel laureate in economics who collaborated with Professor Jensen, said in an interview.
“He was very sure of himself in terms of his ideas being correct and, you know, pathbreaking.”They were also incendiary.
In his book “The Golden Passport: Harvard Business School, the Limits of Capitalism, and the Moral Failure of the MBA Elite” (2017), the journalist Duff McDonald called Professor Jensen an “instrument of intellectual violence” who “created a Frankenstein that no one knows how to kill.”
Persons:
Michael C, Jensen, Natalie Jensen, Noll, Werner Erhard, Jensen’s, Mike, proselytizer, ” Eugene F, Fama, Professor Jensen, “, ”, Duff McDonald
Organizations:
Harvard Business School, University of Chicago
Locations:
Sarasota , Fla