To access our presentation of “Creating Leaders: A New Model, An Evening with Werner Erhard and Professor Michael C. Jensen” which was given to sold out audiences at the University of California, Berkeley Zellerbach Hall on 13 May 2015, at the University of California, Berkeley Zellerbach...

Slide-Deck Textbook and course materials (1290 pages) for the Leadership Course taught at the University of California, Los Angeles, August/September 2021.This leadership course is designed to leave students being leaders and exercising leadership effectively as their natural self-expression –...

It is important to avoid using 'perfection' as a criterion to judge scientific papers. Virtually all papers that make important contributions leave many questions unanswered and many even contain errors. It is also important to distinguish the criterion used to judge the scientific process as a...

There is far too much concern today about the conflicts of interest between people; for example, agency theory (the conflicts of interest between agents and owners) -- a favorite topic of Jensen -- and not enough attention paid to the damage caused by an individual's conflict of interest with...

We argue here that the four factors we identify as constituting the foundation for being a leader and the effective exercise of leadership can also be seen as the foundations not only for great leadership, but also for a high quality personal life and an extraordinary organization. One can see...

There are three main elements in an organization's total strategy: its competitive strategy, its organization strategy, and its human strategy. This volume contains twelve articles written over the last twenty-five years which deal with a firm's organizational strategy. In these articles my...

Commencement Address given to the University of Toronto, June 15, 2005. In this talk I enumerate and briefly discuss eleven commitments that form the foundations of an extraordinary life and of leadership. They range from a commitment to a never-ending search for truth, a willingness to delay...

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Capitalism is far and away the most effective system ever invented for peacefully organizing cooperation among large numbers of human beings. The success enjoyed by capitalistic economies during the last 70 years is in sharp contrast to the dramatic and widespread failure of communist and...

The discussion in Chapter 1 provides a useful general introduction to the subject of freedom. We continue in this chapter to analyze the details of applications of the Jensen-Meckling definition of freedom. We begin by addressing the following question: Why are the constraints that restaurant...