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On the fiftieth anniversary of TVA and the Grass Roots’ publication, Selznick reviewed his and the book’s career in a talk at the Western Academy Management. He emphasized the dangers of separating organizational means from moral ends and of allowing cooptation to compromise too many of an organization’s positive goals. Selznick noted similarities between his works and the later perspective of new institutional theory and concluded by urging organizational researchers to focus more on integrity and corporate responsibility.

Our volume is comprised of six sections: (1) the crisis; (2) its similarities to, and differences from being a “normal accident;” (3) sociological and historical explanations for the meltdown; (4) analyses of comparable speculative bubbles and business cycles; (5) international parallels and consequences; (6) analysis of how we might approach the future development of society and economy; and also a section of postscripts for looking ahead to future policy and prevention. Each contribution addresses its main topic, and concludes with practical policy recommendations for a better future.

Our volume is comprised of six sections: (1) the crisis; (2) its similarities to, and differences from being a “normal accident;” (3) sociological and historical explanations for the meltdown; (4) analyses of comparable speculative bubbles and business cycles; (5) international parallels and consequences; (6) analysis of how we might approach the future development of society and economy; and also a section of postscripts for looking ahead to future policy and prevention. Each contribution addresses its main topic, and concludes with practical policy recommendations for a better future.

The foundation collection of the printed books now forming the Library of the British Museum was that of Sir Hans Sloane. This comprised about 40,000 volumes. To it was added in 1759 the Royal collection, begun in the time of Henry VII and inherited by George II from his predecessors on the throne.

A summer spent at Stanford University in 1973 contributed significantly to my emerging perspective on organizations and generated the spark I needed to begin working on what became Organizations and Environments (Aldrich, 1979). Dick Scott invited me to be the second visiting scholar to participate in the Research Training Program on Organizations and Mental Health, following my Cornell colleague, Karl Weick, who had done it the year before. Curiously enough, Paul Hirsch, a former colleague of mine in graduate school, was the third visiting scholar in the program. I taught an organizational theory course to a class that included Chuck Snow, Kaye Schoonhoven, and a number of Mike Hannan and John Meyers' students. I suspect that I learned as much over those three months as did the students in my course.