Is Economics in Violation of International Law? Remaking Economics As a Social Science

Total Page:16

File Type:pdf, Size:1020Kb

Is Economics in Violation of International Law? Remaking Economics As a Social Science IS ECONOMICS IN VIOLATION OF INTERNATIONAL LAW? REMAKING ECONOMICS AS A SOCIAL SCIENCE Introduction The Inspiration and Need for this Piece DAVID LEMPERT, PH.D., J.D., M.B.A., E.D. (HON.) Abstract This piece is in four parts following this abstract, the Table of Contents and a Short Introduction. Part I: Is Economics in Violation of International Law? Part I applies a set of systematic international legal principles found in international law to the doctrines of “neo-classical” mainstream economics to test whether the discipline is consistent with those legal principles or would be held to be in violation if brought to trial in an international court of law. The conclusion of this legal analysis is that the discipline is in violation. Part II: Is there a Current Social Science of Economics in Economics or Elsewhere that Meets the Requirements of Social Science? If Not, Why Not? Part II then holds the discipline of economics to scrutiny as to whether it meets the test of being a “social science” and also applies a similar test to the sub-discipline of “economic anthropology” that has been a response to the ideologies in the discipline of economics. Although both claim to be social sciences, the conclusion is that both have largely become ideological rather than scientific, serving to promote political views (in the case of neo-classical economics, a technical field of national production engineering combined with an ideology to promote it). Part III: The Rebuilding Process for the Discipline: Where Economics Fits and What is Missing. Part III goes back to the goals of the social sciences and humanities in terms of their areas of analysis and questions for individual disciplines and then offers a new framework for a scientific discipline of economics and a new humanities of economics linked with it. This new economics as an empirical social science for prediction links measures of consumption, production and distribution to biological and ecological principles and replaces the current starting assumptions that are culturally biased “moral precepts.” It moves the discipline forward, beyond its position within industrial market systems where it serves as an ideological and technical tool to promote economic interests of elites in those systems. Part IV: The Challenge of Institutional and Cultural Change in Academia The piece ends with a discussion pointing to the areas of society that would need to change in order for a scientific and international law compliant discipline to emerge. Author: Dr. Lempert is a Ph.D. social anthropologist, lawyer and M.B.A. with undergraduate training in Economics and Political Science who has taught undergraduate courses in the disciplines of international development, anthropology, sociology, law, and political science and has designed professional school curricula on four continents. He has worked as a non-profit executive, business and government management consultant and educator for 30 years in more than 30 countries for the UNDP, UNICEF, UNHCHR, UNHCR, World Bank, IFC, Ernst & Young, USAID, EC, Soros Foundation, and several other development organizations and companies on business and market solutions to development. He is also a strategic planner in the business and non-profit sectors. He has published several books and articles on university education and the disciplines and is the founder of several NGOs in education. Please direct all correspondence to: [email protected]. Is Economics in Violation of International Law?: Introduction Table of Contents Introduction: The Inspiration and Need for this Piece……………………………………... 95 Preface……………………….………………………………………………………........... 97 Previous Approaches: Critiques of Economics and Failed Oversight of the Discipline…...102 Part I: Is Economics in Violation of International Law?.................................................... 117 Method: Holding Economics to Legal Scrutiny………………………………………….. 118 Step 1: Identifying the Potential Criminal Acts: The Shared Doctrines…………………… 119 Step 2: Identifying the Source of the Legal Standards to Use............................................. 127 Step 3: The Judgment Process: Identifying the Elements of the Crimes…………………… 136 Applying the Law in Two Steps…………………………………………………………... 145 Step 4: Evaluating the Possible Verdicts……………………………………………………….. 145 Step 5: The Verdict and its Implications………………………………………………………... 162 Part II: Is there a Current Social Science of Economics in Economics or Elsewhere that Meets the Requirements of Social Science? If Not, Why Not? ………………………… 166 Overview: What Has Gone Wrong? Is Current Economics a Social Science, Technique, Mathematics or Theology?.................................................................................................. 167 The History and Evolution of the Discipline of Economics as a “Moral” Discipline Self- Described as a “Science”………………………………………………………………... 179 Economic Anthropology: Solution or Ideological Response?............................................ 192 Other New Disciplines, Filling the Gap?.............................................................................. 200 Part III: The Rebuilding Process for the Discipline: Where Economics Fits and What is Missing……………………………………………………………………………………. 204 Overview: Mapping the Social Sciences, Social Engineering and Social Philosophy Disciplines to See Where Economics Fits.....……………………………………………... 205 Remaking Economics as a Social Science along with a Complementary Economic Humanities………………………………………………………………………………… 216 Rebuilding Economics as a Humanities: A Necessary Corollary to Social Science……... 238 Part IV: The Challenge of Institutional and Cultural Change in Academia……………… 241 Why the Rebuilding is So Difficult: The Politics and Ideologies that Promote Theologies Over Science and that Distort Academia and Research………………………………… 242 Where Do We Go From Here?............................................................................................. 251 References………………………………………………………………………………… 253 96 Catalyst: A Social Justice Forum, 2018 Vol. 8, Issue 1 Preface Several years ago while teaching development studies in Washington, D.C., in the United States, I introduced what was considered then to be a controversial exercise testing the “development” approach of international banks and the international non-governmental organizations (INGOs) that partner with them on “income generation” and “poverty alleviation” projects. I asked students to test whether Germany’s government policy in the 1940s would be approved under contemporary “development” investment criteria and economic theory as taught in the university. The specific policy I asked them to test was that of the “public and private partnership” of government cooperating with industry to “relocate” Jews and Roma from their homes to labor camps and for human laboratory medical experiments and then to process the bodies for soap, wigs, and gold from their teeth while confiscating and selling their possessions. I pointed to the specific measures used to value and screen such projects today, noting how they met government objectives and provided for the greater good while increasing the gross domestic product (GDP) and promoting public health in accordance with government plans in a policy of “national sacrifice” to benefit the nation,. Most of the students, trained in economics, seemed to think that such form of economic development would be approved today unless the affected minority somehow had political leverage in the donor countries. They justified their decision on the following criteria that came out of doctrines in basic economics texts: The investment would increase productivity as measured by GDP, the standard measure of value, and possibly also promote export industries and trade balances, while also increasing per capita GDP; Unemployment figures in the country would drop and the project would “create jobs,” thus demonstrating positive achievements on the economic indicators that are routinely used show improvement; Eliminating minorities would reduce “political risk” to investors of internal instability and could also improve “sanitation” and value of the inner cities and former slum areas where minorities had lived, thus also bringing an economic boost to the country. This could also be considered a valuable increase in the value of the country’s “social capital” as would the increased solidarity and efficiency it would bring in other areas. The consumption and population balance would also fit new “sustainable development” criteria even though the initial productivity growth would not be sustained. The approach fit the contemporary development goals of promoting “business-government” (“public- private”) partnerships, having no negative impact on gender (the standard rights and screening criteria that is prioritized over other rights categories, including that of cultural protections), and would also meet environmental screening conditions. “Participatory rural appraisals” that include discussions with local groups would demonstrate that the majority highly favored the approach, thus validating the current criterion that INGOs use for political acceptability, “participation,” “democracy,” and “fit” with “local communities” and “cultures.” Though good arguments could be made about the long-term impact of this policy on productivity or on the country’s overall value and assets, the students noted that government and foreign decisions as well as those of the United Nations “Millennium Development
Recommended publications
  • The Origins and Consequences of Kin Networks and Marriage Practices
    The origins and consequences of kin networks and marriage practices by Duman Bahramirad M.Sc., University of Tehran, 2007 B.Sc., University of Tehran, 2005 Thesis Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Philosophy in the Department of Economics Faculty of Arts and Social Sciences c Duman Bahramirad 2018 SIMON FRASER UNIVERSITY Summer 2018 Copyright in this work rests with the author. Please ensure that any reproduction or re-use is done in accordance with the relevant national copyright legislation. Approval Name: Duman Bahramirad Degree: Doctor of Philosophy (Economics) Title: The origins and consequences of kin networks and marriage practices Examining Committee: Chair: Nicolas Schmitt Professor Gregory K. Dow Senior Supervisor Professor Alexander K. Karaivanov Supervisor Professor Erik O. Kimbrough Supervisor Associate Professor Argyros School of Business and Economics Chapman University Simon D. Woodcock Supervisor Associate Professor Chris Bidner Internal Examiner Associate Professor Siwan Anderson External Examiner Professor Vancouver School of Economics University of British Columbia Date Defended: July 31, 2018 ii Ethics Statement iii iii Abstract In the first chapter, I investigate a potential channel to explain the heterogeneity of kin networks across societies. I argue and test the hypothesis that female inheritance has historically had a posi- tive effect on in-marriage and a negative effect on female premarital relations and economic partic- ipation. In the second chapter, my co-authors and I provide evidence on the positive association of in-marriage and corruption. We also test the effect of family ties on nepotism in a bribery experi- ment. The third chapter presents my second joint paper on the consequences of kin networks.
    [Show full text]
  • What Is an International Crime? (A Revisionist History)
    \\jciprod01\productn\H\HLI\58-2\HLI205.txt unknown Seq: 1 14-FEB-18 9:00 Volume 58, Number 2, Spring 2017 What Is an International Crime? (A Revisionist History) Kevin Jon Heller* The question “what is an international crime?” has two aspects. First, it asks us to identify which acts qualify as international crimes. Second, and more fundamentally, it asks us to identify what is distinctive about an international crime. Some disagreement exists concerning the first issue, particularly with regard to torture and terrorism. But nearly all states, international tribunals, and ICL scholars take the same position concerning the second issue, insisting that an act qualifies as an international crime if—and only if—that act is universally criminal under international law. This definition of an international crime leads to an obvious question: how exactly does an act become universally criminal under international law? One answer, the “direct criminalization thesis” (DCT), is that certain acts are universally criminal because they are directly criminalized by international law itself, regardless of whether states criminalize them. Another answer, the “national criminalization the- sis” (NCT), rejects the idea that international law directly criminalizes particular acts. According to the NCT, certain acts are universally criminal because international law obligates every state in the world to criminalize them. This Article argues that if we take positivism seriously, as every international criminal tribunal since Nuremberg has insisted we must, the NCT provides the only coherent explanation of how international law can deem certain acts to be universally criminal. I. INTRODUCTION The question posed by the title of this Article has two aspects.
    [Show full text]
  • International Intellectual Property Law
    ee--RRGG Electronic Resource Guide International Intellectual Property Law * Jonathan Franklin This page was last updated February 8, 2013. his electronic resource guide, often called the ERG, has been published online by the American Society of International Law (ASIL) since 1997. T Since then it has been systematically updated and continuously expanded. The chapter format of the ERG is designed to be used by students, teachers, practitioners and researchers as a self-guided tour of relevant, quality, up-to-date online resources covering important areas of international law. The ERG also serves as a ready-made teaching tool at graduate and undergraduate levels. The narrative format of the ERG is complemented and augmented by EISIL (Electronic Information System for International Law), a free online database that organizes and provides links to, and useful information on, web resources from the full spectrum of international law. EISIL's subject-organized format and expert-provided content also enhances its potential as teaching tool. 2 This page was last updated February 8, 2013. I. Introduction II. Overview III. Research Guides and Bibliographies a. International Intellectual Property Law b. International Patent Law i. Public Health and IP ii. Agriculture, Plant Varieties, and IP c. International Copyright Law i. Art, Cultural Property, and IP d. International Trademark Law e. Trade and IP f. Arbitration, Mediation, and IP g. Traditional Knowledge and IP h. Geographical Indications IV. General Search Strategies V. Primary Sources VI. Primary National Legislation and Decisions VII. Recommended Link sites VIII. Selected Non-Governmental Organizations IX. Electronic Current Awareness 3 This page was last updated February 8, 2013.
    [Show full text]
  • International Law / Human Rights 1
    International Law / Human Rights 1 LAW 1394 v00 Business and Human Rights (http:// INTERNATIONAL LAW / curriculum.law.georgetown.edu/course-search/?keyword=LAW %201394%20v00) (Fieldwork Practicum) HUMAN RIGHTS J.D. Practicum | 4 credit hours In fieldwork practicum courses, students participate in weekly seminars This is a sampling of courses on International Human Rights issues. and engage in related fieldwork at outside organizations. This fieldwork practicum course is designed to give students familiarity with the Search International Law Human Rights Courses (http:// field of business and human rights through a seminar in which we will curriculum.law.georgetown.edu/course-search/?cluster=cluster_52) explore the evolution of the field and the major issues that arise within it, combined with a placement in an organization that is working in some way on business and human rights issues. Students will participate in a two hour/week seminar and undertake at least 10 hours/week of fieldwork with organizations in the Washington, DC area that are involved in working on business and human rights issues. Organizations are not certain whether they will be able to provide in-person placements in fall 2021, but have committed to provide remote placements if they are not. SEMINAR: The seminar will give students an understanding of the challenges in holding multinational companies accountable for the adverse impacts of their operations. We will examine how the modern global corporation is organized around extensive supply chains, the ways in which its formal legal structure can enable it to avoid responsibility for the full range of impacts that it creates, and the successes and limitations of attempts to address this problem through litigation.
    [Show full text]
  • Revolution and Democracy: Sociopolitical Systems in the Context of Modernisation Leonid E
    preview version Revolution and Democracy: Sociopolitical Systems in the Context of Modernisation Leonid E. Grinin and Andrey V. Korotayev Abstract The stability of socio-political systems and the risks of destabi- lisation in the process of political transformation are among the most im- portant issues of social development; the transition to democracy may pose a serious threat to the stability of a respective socio-political system. This article studies the issue of democratisation. It highlights the high economic and social costs of a rapid transition to democracy for countries unpre- pared for it—democracy resulting from revolutions or similar large-scale events. The authors believe that in a number of cases authoritarian regimes turn out to be more effective in economic and social terms than emerging democracies, especially those of a revolutionary type, which are often inca- pable of ensuring social order and may have a swing to authoritarianism. Effective authoritarian regimes can also be a suitable form of transition to an efficient and stable democracy. Using historical and contemporary examples, particularly the recent events in Egypt, the article investigates various correlations between revolutionary events and the possibility of es- tablishing democracy in a society. Keywords: democracy, revolution, extremists, counterrevolution, Isla- mists, authoritarianism, military takeover, economic efficiency, globali- sation, Egypt Introduction It is not surprising that in five years none of the revolutions of the Arab Spring has solved any urgent issues. Unfortunately, this was probably never a possibility. Various studies suggest a link between 110 preview version revolutions and the degree of modernisation of a society.1 Our research reveals that the very processes of modernisation, regardless of the level of consumption and the rate of population growth, is closely and organically linked to the risk of social and political upheaval, which can Leonid E.
    [Show full text]
  • Contemporary Jurisprudence and International
    THE YALE LAW JO UR NA L VOLUME 61 MAY 1952 NUMBER 5 CONTEMPORARYJURISPRUDENCE AND INTERNATIONAL LAW* F.S. C.NORTHROPt WORLDsurvival and progress in an atomic epoch depends on an effective international law. Yet several recent students of the subject conclude that any further attempt to improve international relations by legal means is not merely unrealistic and impractical, but also likely to result in more harm than good. Is this to be the final verdict? The purpose of this inquiry is to answer this question by analyzing the major contemporary theories of jurisprudence and their bearing on international law. LEGAL POSITIVISM Legal positivism delimits the subject matter of law to the cases and proposi- tions in law books and to the legal institutions which apply those propositions. In domestic law this restriction of the law to the positive law has been found wanting. Dean Roscoe Pound's strictures against this "give-it-up" philosophy are well known.1 Justice Holmes' and Brandeis' pragmatic conception of law as a social instrument for facing and resolving social problems rather than running away from them is now a commonplace. Increasingly important is Myres McDougal's observation that not merely British legal positivism but also American legal realism leave one with a type of law which is incapable of meeting either the opportunities or responsibilities of the contemporary world.2 It has remained, however, for a legal positivist, P. E. Corbett, to give the final reductio ad absurdurn to such a system of jurisprudence in his Law and Society in the Relations of States.3 Consider, for example, the theory of auto-limitation introduced by Jellinek to account for legal obligation in international law.
    [Show full text]
  • BERNOULLI NEWS, Vol 24 No 1 (2017)
    Vol. 24 (1), May 2017 Published twice per year by the Bernoulli Society ISSN 1360–6727 CONTENTS News from the Bernoulli Society p. 1 Awards and Prizes p. 2 New Executive Members A VIEW FROM THE PRESIDENT in the Bernoulli Society Dear Members of the Bernoulli Society, p. 3 As we all seem to agree, the role and image of statistics has changed dramatically. Still, it takes ones breath when realizing the huge challenges ahead. Articles and Letters Statistics has not always been considered as being very necessary. In 1848 the Dutch On Bayesian Measures of Ministry of Home Affairs established an ofŮice of statistics. And then, thirty years later Uncertainty in Large or InŮinite minister Kappeyne van de Coppelo abolishes the “superŮluous” ofŮice. The ofŮice was Dimensional Models p. 4 quite rightly put back in place in 1899, as “Centraal Bureau voor de Statistiek” (CBS). Statistics at the CBS has evolved from “simple” counting to an art requiring a broad range On the Probability of Co-primality of competences. Of course counting remains important. For example the CBS reports in of two Natural Numbers Chosen February 2017 that almost 1 out of 4 people entitled to vote in the Netherlands is over the at Random p. 7 age of 65. But clearly, knowing this generates questions. What is the inŮluence of this on the outcome of the elections? This calls for more data. Demographic data are combined with survey data and nowadays also with data from other sources, in part to release the “survey pressure” that Ůirms and individuals are facing.
    [Show full text]
  • "Research Grants in Russian Science: Evidences of an Empirical
    Ekaterina A. Streltsova RESEARCH GRANTS IN RUSSIAN SCIENCE: EVIDENCES OF AN EMPIRICAL STUDY BASIC RESEARCH PROGRAM WORKING PAPERS SERIES: SCIENCE, TECHNOLOGY AND INNOVATION WP BRP 70/STI/2017 This Working Paper is an output of a research project implemented within NRU HSE’s Annual Thematic Plan for Basic and Applied Research. Any opinions or claims contained in this Working Paper do not necessarily reflect the views of HSE. Ekaterina A. Streltsova1 RESEARCH GRANTS IN RUSSIAN SCIENCE: EVIDENCES OF AN EMPIRICAL STUDY2 The paper discusses the results of a survey devoted to the role of research grants for the modern Russian academic community. Researchers’ motives to apply for grants, the strategies used in grant contests, the factors decisive for grant success are presented. Also the extent of Russian scientists’ trust to the main research foundations in the country is discussed. The study has demonstrated that the symbolic value of grants for Russian scientists play a secondary role in comparison to their economic meaning: participation in grant contests is mainly motivated not by the aspiration for professional recognition, but the need for financial support. The paper might be of interest for sociologists of science and others interested in current transformations of scientific field in the country. Above all, an overview of academic literature on the topic – both foreign and Russian – is presented in the paper, what can make a significant contribution to any research on grant science: its evolution, national peculiarities of grant systems, grants’ influence on researchers’ work and life worldwide. JEL Classification: C83, I21, Y10 Keywords: research grants, research foundation, scientific field, Russia.
    [Show full text]
  • Download Article
    Land Policy, Land Markets and Urban Spatial Segregation Allegra Calder What is Segregation segregation can be neither understood and Rosalind Greenstein and Why Is It Important? nor addressed without fully appreciating Frederick Boal’s (School of Geography, the role that race has played and continues s urban spatial segregation a conse- Queen’s University, Belfast) work is in- to play in American history and public quence of the normal functioning of formed by both the rich sociological liter- policy. Flavio Villaça (School of Architec- I urban land markets, reflecting ature on segregation and his own experi- ture and Urbanism, University of São cumulative individual choices? Or, is it a ence of living in the midst of the troubles Paulo, Brazil) understands segregation result of the malfunctioning of urban land between Catholics and Protestants in within a class framework, where income markets that privatize social benefits and Northern Ireland. Boal suggested that level and social status, not race, are the key socialize private costs? Is it the result of segregation was best understood as part of factors influencing residential patterns. In class bias, or racial bias, or both? Does a spectrum that ranged from the extreme Brazil and many other countries with long public housing policy create ghettos? Or, approach of ethnic cleansing to the more histories of authoritarian regimes, urban do real estate agents and lending officers idealistic one of assimilation (see Figure services are generally provided by the state. substitute personal
    [Show full text]
  • Urban Planning and Urban Design
    5 Urban Planning and Urban Design Coordinating Lead Author Jeffrey Raven (New York) Lead Authors Brian Stone (Atlanta), Gerald Mills (Dublin), Joel Towers (New York), Lutz Katzschner (Kassel), Mattia Federico Leone (Naples), Pascaline Gaborit (Brussels), Matei Georgescu (Tempe), Maryam Hariri (New York) Contributing Authors James Lee (Shanghai/Boston), Jeffrey LeJava (White Plains), Ayyoob Sharifi (Tsukuba/Paveh), Cristina Visconti (Naples), Andrew Rudd (Nairobi/New York) This chapter should be cited as Raven, J., Stone, B., Mills, G., Towers, J., Katzschner, L., Leone, M., Gaborit, P., Georgescu, M., and Hariri, M. (2018). Urban planning and design. In Rosenzweig, C., W. Solecki, P. Romero-Lankao, S. Mehrotra, S. Dhakal, and S. Ali Ibrahim (eds.), Climate Change and Cities: Second Assessment Report of the Urban Climate Change Research Network. Cambridge University Press. New York. 139–172 139 ARC3.2 Climate Change and Cities Embedding Climate Change in Urban Key Messages Planning and Urban Design Urban planning and urban design have a critical role to play Integrated climate change mitigation and adaptation strategies in the global response to climate change. Actions that simul- should form a core element in urban planning and urban design, taneously reduce greenhouse gas (GHG) emissions and build taking into account local conditions. This is because decisions resilience to climate risks should be prioritized at all urban on urban form have long-term (>50 years) consequences and scales – metropolitan region, city, district/neighborhood, block, thus strongly affect a city’s capacity to reduce GHG emissions and building. This needs to be done in ways that are responsive and to respond to climate hazards over time.
    [Show full text]
  • The North Atlantic Thermohaline Circulation
    The Early Impacts of Moving to Opportunity in Boston by Lawrence F. Katz, Harvard University and NBER Jeffrey R. Kling, Princeton University and NBER Jeffrey B. Liebman, Harvard University and NBER CEPS Working Paper No. 67 October 2000 The authors thank the U.S. Department of Housing and Urban Development, the National Institute on Aging, National Bureau of Economic Research, Harvard University, and the Center for Economic Policy Studies at Princeton University for research support. The authors are grateful to Yvonne Gastelum for collaborating on qualitative interviews in Spanish, Ying Qian for conducting pilot survey interviews and for compiling family contact information, Adriana Mendez for translating the survey into Spanish, Humberto Reynosa for editing the Spanish translation, Beth Welty for processing the administrative earnings and welfare data, and to Patrick Wang, Lorin Obler, and Ali Sherman for excellent research assistance. We thank all of the members of the MTO teams at MBHP, BHA, Abt and Westat for making our research possible, and Carol Luttrel for facilitating our access to Massachusetts administrative data. We have benefitted from conversations with numerous colleagues. We are particularly indebted to Josh Angrist, Deborah Belle, Xavier Briggs, Anne Case, Janet Currie, David Ellwood, Judie Feins, Richard Frank, Edward Glaeser, John Goering, Yvonne Illich, Christopher Jencks, Ron Kessler, Alan Krueger, Edward Lazear, Willard Manning, Larry Orr, Michael Piore, James Rosenbaum, James Rebitzer, Joshua Sharfstein, Marta Tienda, Julie Wilson, and Aaron Yelowitz for their comments and suggestions. Additional information on the MTO demonstration, including research results from all five participating cities, is available at www.mtoresearch.org. E-mail: [email protected], [email protected], [email protected] The Early Impacts of Moving to Opportunity in Boston Abstract This study focuses on 540 households originally living in public housing in high-poverty areas of Boston who participated in HUD’s Moving To Opportunity (MTO) demonstration.
    [Show full text]
  • Creating a Just and Inclusive America
    | MARCH 2015 | CSD RESEARCH BRIEF 15-24 | Creating a Just and Inclusive America By Xavier Briggs Adapted from an address given at the George Warren Brown School of Social Work, Washington University in St. Louis, January 22, 2015, in celebration of the 20th anniversary of the founding of the Center for Social Development. Thank you very much, everyone. It’s great to be much of higher education as we know it, community here with you. I want to thank the university, and in development, Head Start, public interest law, and particular the Center for Social Development and the other fields. From building fields to nurturing social School of Law, for the invitation to give this lecture movements such as civil rights, the environmental today. Special thanks to Michael Sherraden and Karen movement, the women’s movement, the LGBT Tokarz for inviting me and for helping me think about movement, and many lesser known, even taken-for- how best to contribute to this very special series here granted innovations. For example, the neighborhood as on campus. a planning concept, as a supportive building block of The Ford Foundation has long supported work by urban life—that concept was incubated by a foundation Michael and the center to help define, measure, and in the 1920s and rapidly disseminated across the grow the field of asset building—and to advance the country and even around the globe. premise that people of all backgrounds should have I say all this to underscore, at the outset, that working the opportunity to build wealth and reap the benefits in philanthropy is a great privilege, and from our that come from having a financial cushion to deploy for perspective at Ford, a privilege that comes with great themselves and their families.
    [Show full text]