Private Equity and the Future of American Capitalism
C102, Class of 1968 Building
Stanford Graduate School of Business
655 Knight Way, Stanford
C102, Class of 1968 Building
Stanford Graduate School of Business
655 Knight Way, Stanford
Stanford GSB Class of 1968 Building, Room C102
655 Knight Way, Stanford
Stanford University Libraries and the Stanford Center on China’s Economy and Institutions are pleased to present the 2026 Dr. Sam-Chung Hsieh Memorial Lecture featuring Professor Chang-Tai Hsieh who will be speaking on The Risks of Taiwan's Economic Boom.
To attend in person, please register here.
To attend online, please register here.
Professor Hsieh will discuss how Taiwan's Central Bank has had a longstanding unstated policy of keeping the exchange rate undervalued to boost exports. The rise of Taiwan as the center of the semiconductor industry, and more generally as the center of AI hardware, is making this policy untenable. The trade surplus reached 20% of GDP in 2025 and is likely reach an astronomical 35% of GDP this year. Furthermore, much of the surplus has been channeled into purchases of US treasury bonds by Taiwan's life insurance industry that face collapse when the Taiwan dollar appreciates.
Professor Hsieh is the Phyllis and Irwin Winkelreid Distinguished Service Professor of Economics at the University of Chicago. He is an elected member of Taiwan's Academia Sinica, the American Academy of Arts and Sciences, and the Econometric Society. He is also a two times recipient of the Sun Ye-Fang Award of China's Academy of Social Sciences.
The family of Dr. Sam-Chung Hsieh donated his personal archive to the Stanford Libraries' Special Collections and endowed the Dr. Sam-Chung Hsieh Memorial Lecture series to honor his legacy and to inspire future generations. Dr. Sam-Chung Hsieh (1919-2004) was former Governor of the Central Bank in Taiwan. During his tenure, he was responsible for the world's largest foreign exchange reserves, and was widely recognized for achieving stability and economic growth. In his long and distinguished career as economist and development specialist, he held key positions in multilateral institutions including the Asian Development Bank, where as founding Director, he was instrumental in advancing the green revolution and in the transformation of rural Asia. Read more about Dr. Hsieh.
Green Library, Bing Wing, 5th floor, Bender Room
459 Lasuen Mall, Stanford, CA 94305
Please join us for an on-campus lecture and discussion led by author Kenneth Wilcox and moderated by SCCEI Senior Research Fellow Chenggang Xu.
Light refreshments will be served.
Ken Wilcox is the author of “The China Business Conundrum: Ensure that Win-Win Doesn’t Mean Western Companies Lose Twice” (Wiley, November 2024) and “Leading Through Culture” (Waterside, 2020).
Ken was the CEO of Silicon Valley Bank (SVB) from 2001 to 2011, then the CEO of SVB’s joint venture with Shanghai Pudong Development Bank (SPDB-SVB) in Shanghai until 2015, followed by four years as its Vice Chairman. He currently serves on the boards of the Asia Society of Northern California, the Asian Art Museum, and UC San Diego’s 21st Century China Center, as well as Columbia Lake Partners, a European venture-debt fund. He is on the Board of Advisors of the Fudan University School of Management in Shanghai and teaches as an Adjunct Professor at U.C. Berkeley.
Ken holds a PhD in German from Ohio State University and an MBA from Harvard Business School. He is a former member of the board of directors of the Federal Reserve Bank of San Francisco. He has given numerous speeches in both English and Chinese, published a variety of articles in the banking press, and recently wrote the management book “Leading Through Culture: How Real Leaders Create Cultures That Motivate People to Achieve Great Things” (Waterside Productions, 2020) and its accompanying workbook, “How About You?” (Waterside Productions, 2023). The father of two sons, he lives in San Francisco with his wife, Ruth, and several antique cars.
Goldman Room, Encina Hall, E409
How should we understand Israel’s past and present relationship with the European Union? Please join Amichai Magen and Ron Hassner for a frank discussion about the complex and evolving relationship between the European Union and Israel. Their talk will examine political, economic, and diplomatic ties, key areas of cooperation and disagreement, and how regional and global developments have shaped EU–Israel relations over time. This is the sixth in a series of talks examining Israel’s relationships with global powers. Prior talks have explored Israel’s relationship with China, Russia, Turkey, and Iran, and the United Nations.
Light refreshments will be provided for all registrants.
We are grateful to Moses Libitzky and the Libitzky Family Foundation for a generous gift that has made this lecture series possible.
Co-sponsored by the Institute of International Studies at UC Berkeley and the Jan Koum Israel Studies Program at Stanford University.
For questions, please contact: Georgia Metcalfe Tripp, Access Coordinator, 510.664.7024
Location provided upon registration.
Amichai Magen is a Senior Research Scholar at the Center on Democracy, Development and the Rule of Law (CDDRL) and the founding director of the center's Jan Koum Israel Studies Program. Previously, he served as the visiting fellow in Israel Studies at Stanford University's Freeman Spogli Institute for International Studies, head of the MA Program in Diplomacy & Conflict Studies, and director of the Program on Democratic Resilience and Development (PDRD) at the Lauder School of Government, Diplomacy and Strategy, Reichman University, Herzliya, Israel. His research and teaching interests address democracy, the rule of law, liberal orders, risk and political violence, as well as Israeli politics and policy.
Magen received the Yitzhak Rabin Fulbright Award (2003), served as a pre-doctoral fellow at the Center on Democracy, Development and the Rule of Law, and was the W. Glenn Campbell National Fellow at the Hoover Institution (2008-9). In 2016, he was named a Richard von Weizsäcker Fellow of the Robert Bosch Academy, an award that recognizes outstanding thought leaders around the world. Between 2018 and 2022, he served as principal investigator in two European Union Horizon 2020 research consortia, EU-LISTCO and RECONNECT. Amichai Magen served on the Executive Committee of the World Jewish Congress (WJC) and is a Board Member of the Israel Council on Foreign Relations (ICFR) and the International Coalition for Democratic Renewal (ICDR).
G101- Gunn Building, Stanford Graduate School of Business
655 Knight Way, Stanford
Nicole Perlroth, former NYT journalist and cyber investor, explores how AI is amplifying threats and reshaping defense—implications for risk, resilience, and governance.
C106, Class of 1968 Building, Stanford Graduate School of Business
655 Knight Way, Stanford
Whistleblower Eric Ben-Artzi and former Reddit CEO Ellen Pao examine what it takes to speak up inside powerful institutions—and what accountability and better governance look like.
G101 – Gunn Building, Stanford Graduate School of Business
655 Knight Way, Stanford
Anat R. Admati is the George G.C. Parker Professor of Finance and Economics at Stanford University Graduate School of Business (GSB), a Faculty Director of the GSB Corporations and Society Initiative, and a senior fellow at Stanford Institute for Economic Policy Research. She has written extensively on information dissemination in financial markets, portfolio management, financial contracting, corporate governance and banking. Admati’s current research, teaching and advocacy focus on the complex interactions between business, law, and policy with focus on governance and accountability.
Since 2010, Admati has been active in the policy debate on financial regulations. She is the co-author, with Martin Hellwig, of the award-winning and highly acclaimed book The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It (Princeton University Press, 2013; bankersnewclothes.com). In 2014, she was named by Time Magazine as one of the 100 most influential people in the world and by Foreign Policy Magazine as among 100 global thinkers.
Admati holds BSc from the Hebrew University, MA, MPhil and PhD from Yale University, and an honorary doctorate from University of Zurich. She is a fellow of the Econometric Society, the recipient of multiple fellowships, research grants, and paper recognition, and is a past board member of the American Finance Association. She has served on a number of editorial boards and is a member of the FDIC’s Systemic Resolution Advisory Committee, a former member of the CFTC’s Market Risk Advisory Committee, and a former visiting scholar at the International Monetary Fund.
Professors Anat Admati and Amit Seru discuss the current state of institutions, dynamics, and evolving boundaries of authority in economic decision making and banking.
C106 - Class of 1968 Building, Stanford Graduate School of Business
655 Knight Way, Stanford
On Wednesday, May 6, the Jan Koum Israel Studies Program at the Center on Democracy, Development and the Rule of Law and the Hoover Institution's Herbert and Jane Dwight Working Group on the Middle East and the Islamic World are pleased to welcome Izabella Tabarovsky for a talk titled From Soviet Antisemitism to Contemporary Antizionism.
Izabella Tabarovsky is a scholar of Soviet antizionism and contemporary antisemitism, a sought-after speaker and lecturer, and the author of Be a Refusenik: A Jewish Student’s Survival Guide (Wicked Son). She is a fellow with the Woodrow Wilson International Center for Scholars in Washington, DC; senior fellow with the Z3 Institute for Jewish Priorities in Palo Alto; and a fellow with the London Centre for the Study of Contemporary Antisemitism and the Comper Center for the Study of Antisemitism and Racism at the University of Haifa.
A contributing writer at Tablet, she has also published in Newsweek, Sapir, Quillette, The National Interest, Fathom, The Forward, and the Jewish Telegraphic Agency. Her essays have appeared in several edited volumes, including October 7: The Wars over Words and Deeds (Academic Studies Press); The Rebirth of Antisemitism in the 21st Century: From the Academic Boycott Campaign into the Mainstream (Routledge); Mapping the New Left Antisemitism: The Fathom Essays(Routledge); Sionismo y antisionismo: Un debate necesario (RiL editores); and Jewish Priorities: Sixty-Five Proposals for the Future of Our People (Wicked Son). Her work has been translated into Spanish, French, Portuguese, German, Polish, Russian, Czech, and other languages.
Follow her on X @IzaTabaro
By invitation only.