Carol Connell
Professor
Finance and Business Management
Location: 506s Whitehead Hall
Phone: 718.951.5326
Fax: 718.951.4385
Email:
Carol M. Connell is professor of finance and business management in the School of Business. She is an Earhart Foundation Research Scholar and the author of Reforming the World Monetary System: Fritz Machlup and the Bellagio Group, to be published in November 2012 by Pickering & Chatto (www.pickeringchatto.com/bellagio).
Education:
Ph.D., University of Glasgow - 2002 (Strategic Management)
M.B.A., Columbia University Business School - 1992 (Management, Marketing)
Areas of Expertise:
Firm theory, strategic growth and global business environment.
Books and Publications
"Fritz Machlup and Friedrich Hayek: Filiation of Ideas and Ambition" in R. Leeson (ed), Hayek and the Austrians, vol 8 (London: Palgrave Macmillan) (Books and Publications: Chapter) 2013
Connell, C.M. and J.T. Salerno. Monetary Reform and the Bellagio Group: Selected Papers and Letters of Fritz Machlup, Robert Triffin and William Fellner. London: Pickering & Chatto.
http://www.pickeringchatto.com/titles/1113-9781848933934-monetary-reform-and-the-bellagio-group. (Books and Publications: Forthcoming Publications) 2013
"Government and Firm Duopoly in Economic Growth." Global Business Research Journal 6.4: 77-84. (Books and Publications: Peer Reviewed Article) 2012
"Reviving Confidence." Journal of the History of Economic Thought 34.3: 293-320. (Books and Publications: Peer Reviewed Article) 2012
Reforming the World Monetary System: Fritz Machlup and the Bellagio Group. Financial History Series. London: Pickering & Chatto Publishers. http://www.pickeringchatto.com/titles/1496-9781848933606-reforming-the-world-monetary-system. (Books and Publications: Forthcoming Publications) 2012
"Building Community in Professional Education: Team Learning by Design." Transformative Spaces: Designing Creative Sites for Teaching and Learning in Higher Education. Ed. Judith Summerfield. New York: Springer. (Books and Publications: Chapter) 2011
"Did Confidence Kill the Triffin Plan?" Global Conference on Business and Finance Refereed Proceedings 6.2: 662-67. (Books and Publications: Peer Reviewed Article) 2011
"Did Confidence Kill the Triffin Plan?" International Review of Finance and Business Case Studies 2.1: 79-88. (Books and Publications: Peer Reviewed Article) 2011
"Framing World Monetary System Reform: Fritz Machlup and the Bellagio Group Conferences." PSL Quarterly Review 64.257: 143-66. (Books and Publications: Peer Reviewed Article) 2011
"Reforming the World Monetary System--How Fritz Machlup Built Consensus Among Business Leader and Academics Using Scenario Analysis." Journal of Management History 17.1. (Books and Publications: Peer Reviewed Article) 2011
"Why the Triffin Plan Was Rejected and the Alternative Accepted." World Journal of Social Sciences 1.5: 28-35. (Books and Publications: Peer Reviewed Article) 2011
"George Shackle." Booms and Busts: An Economics Encyclopedia. Ed. Mehmet Odekon. New York: M.E. Sharpe. (Books and Publications: Chapter) 2010
"Hyman Minsky's Financial Instability Hypothesis." Booms and Busts: An Economics Encyclopedia. Ed. Mehmet Odekon. New York: M.E. Sharpe. (Books and Publications: Chapter) 2010
"William John Fellner." Booms and Busts: An Economics Encyclopedia. Ed. Mehmet Odekon. New York: M.E. Sharpe. (Books and Publications: Chapter) 2010
"Absolute Advantage." Encyclopedia of Business in Today's World. Ed. Charles Wankel. Thousand Oaks, Calif.: Sage Publications. (Books and Publications: Chapter) 2009
"Dependency Theory." Encyclopedia of Business in Today's World. Ed. Charles Wankel. Thousand Oaks, Calif.: Sage Publications. (Books and Publications: Chapter) 2009
"Deregulation." Encyclopedia of Business in Today's World. Ed. Charles Wankel. Thousand Oaks, Calif.: Sage Publications. (Books and Publications: Chapter) 2009
"Economic Integration." Encyclopedia of Business in Today's World. Ed. Charles Wankel. Thousand Oaks, Calif.: Sage Publications. (Books and Publications: Chapter) 2009
"Intra-firm Transfer." Encyclopedia of Business in Today's World. Ed. Charles Wankel. Thousand Oaks, Calif.: Sage Publications. (Books and Publications: Chapter) 2009
"Method, Structure and Argument in Edith Penrose's Theory of the Growth of the Firm." Review of Political Economy 21.4: 549-66. (Books and Publications: Peer Reviewed Article) 2009
"Nationalization." Encyclopedia of Business in Today's World. Ed. Charles Wankel. Thousand Oaks, Calif.: Sage Publications. (Books and Publications: Chapter) 2009
"New Trade Theory." Encyclopedia of Business in Today's World. Ed. Charles Wankel. Thousand Oaks, Calif.: Sage Publications. (Books and Publications: Chapter) 2009
"Scenario Planning." Encyclopedia of Business in Today's World. Ed. Charles Wankel. Thousand Oaks, Calif.: Sage Publications. (Books and Publications: Chapter) 2009
"Strategic Alliance." Encyclopedia of Business in Today's World. Ed. Charles Wankel. Thousand Oaks, Calif.: Sage Publications. (Books and Publications: Chapter) 2009
"Trade Balance." Encyclopedia of Business in Today's World. Ed. Charles Wankel. Thousand Oaks, Calif.: Sage Publications. (Books and Publications: Chapter) 2009
"Women and Work." Encyclopedia of Business in Today's World. Ed. Charles Wankel. Thousand Oaks, Calif.: Sage Publications. (Books and Publications: Chapter) 2009
"Firm and Government in Penrose's Process Theory of Growth: Implications for the Resource-Based View and OLI." Australian Economic History Review 48.2. (Books and Publications: Peer Reviewed Article) 2008
"Discerning a Mentor's Role: The Influence of Fritz Machlup on Edith Penrose and the Theory of the Growth of the Firm." Journal of Management History 13.3: 228-39. (Books and Publications: Peer Reviewed Article) 2007
"Fritz Machlup's Methodology and the Theory of the Growth of the Firm." Quarterly Journal of Austrian Economics 10.4: 300-12. (Books and Publications: Peer Reviewed Article) 2007
"Pursuing Three Horizons of Growth--Three Cases: Bombardier (Canada), Disney (US) and Hutchison Whampoa (China)." Business Strategy Series 2007 8.1: 4-21. (Books and Publications: Chapter) 2007
"Shaping the Legal Environment for Business." Business History 46.2. (Books and Publications: Peer Reviewed Article) 2006
"Managing Risky Business." Handbook of Business Strategy Volume 2006 (1): 161-67. (Books and Publications: Chapter) 2005
"Transformation of a Business in Risk: Learning and Knowledge for Reinvention." Management Decision 42.9. (Books and Publications: Peer Reviewed Article) 2004
A Business in Risk: Jardine Matheson & Company and the Hong Kong Trading Industry. Connecticut: Greenwood/Praeger. (Books and Publications: Book) 2004
"The Role of an External Organization in a 19th-Century Trading Firm." Enterprise & Society. (Books and Publications: Peer Reviewed Article) 2003
Awards, Honors and Fellowships
Institute for New Economic Thinking (INET) grant, for "Monetary Reform and the Bellagio Group: Selected Letters and Papers of Fritz Machlup, Robert Triffin and William Fellner." Carol M. Connell and Joseph T. Salerno (Lubin School of Business, Pace University), co-principal investigators. 2013-14. http://ineteconomics.org/grants. (Grants and Fellowships) 2013
School of Business High Impact Research Award (Awards and Honors) 2013
Earhart Foundation Research Fellowship, for "Fritz Machlup and the Bellagio Group." (Grants and Fellowships) 2011
Earhart Foundation Research Fellowship, for "Fritz Machlup and the Bellagio Group." (Grants and Fellowships) 2009
Alfred P. Sloan Foundation Grant for the "Institutionalization of Asynchronous Learning Networks in CUNY." $3,000, specifically for the development of a course in critical thinking in business policy and strategy for CUNY Online. Aug. 28-Dec. 15. (Grants and Fellowships) 2007
Conferences, Seminars and Symposiums
"Monetary Reform and the Bellagio Group: Regional versus International Approaches," to be presented at the Annual Southern Economic Conference, SDAE, Tampa, Florida, November 2013. (Conferences, Seminars and Symposiums: Conference Presentation) 2013
"Working Paper: The Economist as Strategist: Robert Triffin and the Plan for Europe - Regional versus International Approaches," presented at the Duke University Center for the History of Political Economy Workshop, April 5, 2013. (Conferences, Seminars and Symposiums: Conference Presentation) 2013
"The Bellagio Group: Fritz Machlup's External Organization for Examination, Knowledge Sharing and Reform of the World Monetary System." Session on Knowledge Creation Outside of Academia, History of Economics Annual Conference. Notre Dame University. (Conferences, Seminars and Symposiums: Conference Presentation) 2011
"Why Economists Disagree: Fritz Machlup and the Bellagio Group." Workshop, Center for the History of Political Economy, Duke University. (Conferences, Seminars and Symposiums: Invited Talk) 2011
"Why Economists Disagree: A Case Study in Consensus Building." Colloquium on Markets and Processes. New York University. New York, Oct. 18. (Conferences, Seminars and Symposiums: Invited Talk) 2010
"Learning and Knowledge for Reinvention--Jardine Matheson's First 200 Years." Best Paper Prize, Irish Academy of Management, Trinity College, Dublin. (Conferences, Seminars and Symposiums: Conference Presentation) 2004
Jardine Matheson's External Organization for Risk Reduction and Learning, Published Best Papers of the Proceedings, Academy of Management, Colorado. Carolyn Dexter Award Nominee. (Conferences, Seminars and Symposiums: Conference Presentation) 2002
Professional Leadership
Editor, Modern Heterodox Economics, a new series of monographs, published by Pickering & Chatto. Keynesian, Evolutionary and Austrian economists, broadly defined, offer different interpretations and different solutions to the problems facing the world economy. There is a very active stream of research and publication in these camps and a growing interest in relating macroeconomic issues to the growth of the firm. Modern Heterodox Economics brings together the expertise of an editorial board of active Keynesians, Austrians, strategists and firm theoreticians to address the problems facing the world economy, who will seek out titles that examine the interdependencies or cast new light on thinkers whose work requires re-examination.
http://www.pickeringchatto.com/component/content/article/36-series/1703-modern-heterodox-economics. (Professional Leadership: Organizational Leadership Position) 2013
Dean's Advisory Committee on International Fellowships. (Professional Leadership: Committee Service) 2009
Department representative, Faculty Council. (Professional Leadership: Committee Service) 2009
Member, Facilities Planning Committee. (Professional Leadership: Committee Service) 2009
Member, Foundations of Excellence, Transfer Student Initiative. (Professional Leadership: Committee Service) 2009
Mentor, Presidential Scholars Program. (Professional Leadership: Committee Service) 2009
Other Professional Activities
Member, editorial review board, Management Decision. 2006





