About the author
Charles H. Ferguson is a Nonresident Senior Fellow, for Economic Studies. Prior to co-founding CapitalThinking, he founded Vermeer Technologies, Inc., the creator of the FrontPage web page development software, which was acquired by Microsoft in 1996. Dr. Ferguson is a fellow of the Brookings Institution and a member of the Council on Foreign Relations, and is an active private investor. He holds a Ph.D. from MIT, and has written many articles on technology and public policy, as well as books. He has been a Lecturer at UC Berkeley Graduate School of Journalism; on Board of the French-American Foundation; Former Visiting Scholar, Center for International Studies, Massachusetts Institute of Technology (MIT); Former Visiting Scholar, Haas School of Business, University of California at Berkeley; Co-Founder and former Chairman and CEO, Vermeer Technologies; former Postdoctoral Fellow, MIT Center for Technology, Policy, and Industrial Development; former Senior Staff Member, MIT Commission on Industrial Productivity; former Software Technology Analyst, IBM He obtained his B.A. from the University of California at Berkeley in 1978; and his Ph.D. from Massachusetts Institute of Technology in 1989.
Charles R. Morris is a financial expert and prolific author. He has received high praise for a number of his books, including Computer Wars (on the fall of IBM) and the acclaimed American Catholic. He has published opinion pieces in the New York Times, the Wall Street Journal, the Atlantic Monthly, the New Republic, and the Harvard Business Review. He was for many years managing partner of a consulting firm specializing in the financial services and investment banking industries. He also has served as a group executive at Chase Manhattan Bank. Morris is currently writing an analysis on health care spending for The Century Foundation. He was for fifteen years Managing Director of Devonshire Partners, a consulting firm specializing in financial services and high technology. Clients included Merrill Lynch, the Blackstone Group, Equitable Capital, Apple, Xerox, and Texas Instruments. Previously, he was a Corporate Banking Group Executive at the Chase Manhattan Bank (responsible for loan pricing, currency consulting, trade banking, and cash management services) and was a member of the startup group for one of the countrys first successful for-profit private-practice HMOs. He is also a lawyer, admitted to practice in New York and Washington State, and has written several well-received books and many articles (Harvard Business Review, Atlantic Monthly, New York Times, and Wall Street Journal) on finance and technology.