{"id":8,"date":"2012-06-16T14:55:03","date_gmt":"2012-06-16T14:55:03","guid":{"rendered":"http:\/\/www.wallstreetandkstreet.com\/?page_id=8"},"modified":"2012-07-04T00:29:27","modified_gmt":"2012-07-04T00:29:27","slug":"biography","status":"publish","type":"page","link":"https:\/\/www.wallstreetandkstreet.com\/?page_id=8","title":{"rendered":"Biography"},"content":{"rendered":"<p>Thomas Doerflinger, PhD is a prominent observer of American capitalism \u2013 past, present and future.\u00a0 Trained as a historian at Princeton and Harvard (where he won the Bowdoin Prize for Graduate Essays), he wrote <strong><em>A Vigorous Spirit of Enterprise: Merchants and Economic Development in Revolutionary Philadelphia<\/em><\/strong>, winner of the 1987 Bancroft Prize. The book explains how the multiple risks confronting American merchants created an aggressive entrepreneurial culture that drove economic growth.\u00a0 Doerflinger is also an expert on the early American iron industry, about which he has written three scholarly articles.\u00a0 His second book, <strong><em>Risk and Reward: Venture Capital and the Making of America\u2019s Great Industries<\/em><\/strong> (coauthored with Jack L. Rivkin) shows how entrepreneurs in six industries, ranging from the railroads to biotech, interacted with Wall Street as they were getting off the ground.\u00a0 (See list of publications below.)\u00a0 Doerflinger spent over twenty-five years on Wall Street as a senior equity strategist at PaineWebber and UBS.\u00a0 His influential reports on thematic investing covered such diverse topics as income inequality, benign deflation, the virtues of dividend growth stocks and the threat to job growth posed by healthcare reform.\u00a0 One of his reports was cited in the Republican presidential debates and posted on Senator Tom Coburn&#8217;s website. For over twenty years Doerflinger\u2019s monthly forecasts of S&amp;P 500 profits were widely followed globally.\u00a0\u00a0During the three years Doerflinger chaired the committee managing the UBS U.S. Key Call List, it significantly outperformed the S&amp;P 500.<\/p>\n<p><strong>Publications<\/strong><\/p>\n<p><strong>A Vigorous Spirit of Enterprise: Merchants and Economic Development in Revolutionary Philadelphia <\/strong>(Chapel Hill, 1986)<\/p>\n<p>(with Jack L. Rivkin), <strong>Risk and Reward: Venture Capital and the Making of America\u2019s Great Industries<\/strong> (New York, 1987)<\/p>\n<p>\u201cHibernia Furnace during the Revolution,\u201d <strong>New Jersey History<\/strong>, Vol. 90 (1971-1972), 97-114.<\/p>\n<p>\u201cThe Antilles Trade of the Old Regime: A Statistical Overview,\u201d <strong>Journal of Interdisciplinary History<\/strong>, Vol. 6, No. 3 (Winter, 1976), pp 397-415.<\/p>\n<p>\u201cPhiladelphia Merchants and the Logic of Moderation, 1760-1775,\u201d <strong>The William and Mary Quarterly,<\/strong> Third Series. Vol. 40, No. 2 (Apr., 1983), pp 197-226.<\/p>\n<p>\u201cHow to Run an Ironworks,\u201d <strong>The Pennsylvania Magazine of History and Biography<\/strong>, Vol. 108, No. 3 (July, 1984), pp 351-366.<\/p>\n<p>\u201cFarmers and Dry Goods in the Philadelphia Market Area, 1750-1800,\u201d in <strong>The Economy of Early America: The Revolutionary Period, 1763-1790<\/strong> (Charlottesville, 1988).<\/p>\n<p>\u201c\u2019How to Succeed in Business, an Exchange,\u201d <strong>The New York Review of Books<\/strong>, July 11, 1996.<\/p>\n<p>\u201cRural Capitalism in Iron Country: Staffing a Forest Factory, 1808-1815,\u201d <strong>The William and Mary Quarterly<\/strong>, Third Series, Vol. 59, No. 1 (Jan., 2002), pp 3-38.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thomas Doerflinger, PhD is a prominent observer of American capitalism \u2013 past, present and future.\u00a0 Trained as a historian at Princeton and Harvard (where he won the Bowdoin Prize for Graduate Essays), he wrote A Vigorous Spirit of Enterprise: Merchants &hellip; <a href=\"https:\/\/www.wallstreetandkstreet.com\/?page_id=8\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-8","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=\/wp\/v2\/pages\/8","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8"}],"version-history":[{"count":4,"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=\/wp\/v2\/pages\/8\/revisions"}],"predecessor-version":[{"id":12,"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=\/wp\/v2\/pages\/8\/revisions\/12"}],"wp:attachment":[{"href":"https:\/\/www.wallstreetandkstreet.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}