About Our Blog

The Future of Finance

Welcome to our blog, “The Future of Finance.” Here you will find expert opinions and analysis on the critical challenges of finance in the context of forging a just and sustainable economic system. Here we highlight fundamental issues requiring long-term attention, and provide commentary on the financial events and issues of the day looked at through a Capital Institute lens. Please note that all submitted comments are moderated and will be posted if they are on-topic and not offensive.

 

 


Blog Contributors:

Herman Daly is a professor emeritus at the University of Maryland, School of Public Policy. From 1988 to 1994 he was a senior economist at the World Bank. Prior to that he was a professor of economics at Louisiana State University. He holds a B.A. from Rice University and a Ph.D. from Vanderbilt University. He co-founded the journal Ecological Economics. He has written many articles and books, including Steady-State Economics, For the Common Good (with John Cobb), Valuing the Earth, Beyond Growth, Ecological Economics (with Josh Farley), and Ecological Economics and Sustainable Development. Herman is a recipient of Sweden’s Honorary Right Livelihood Award, the Heineken Prize for Environmental Science, the Leontief Prize, the Medal of the Presidency of the Italian Republic, and the NCSE Lifetime Achievement Award.

As the executive director of CASSE, Rob is a devoted advocate for revamping the economy to fit within biophysical limits. He writes with humor, clarity, and a personal touch as he considers the complex set of institutions and activities that make up the economy.

Rob is attempting to align his personal life with the principles of a steady state economy. He lives with his wife and daughter in a cohousing community striving for development rather than growth.

John Fullerton is the Founder and President of Capital Institute, a collaborative space working to transform finance to serve a more just, regenerative, and sustainable economic system. Through the work of Capital Institute, regular public speaking engagements, and university lectures, John has become a recognized thought leader in the New Economy space generally, and the financial system transformation challenge in particular.

John is also a recognized leading practitioner in the “impact investment” space as the Principal of Level 3 Capital Advisors, LLC. Level 3’s direct investments are primarily focused on sustainable, regenerative land use, food, and water issues. Through both Capital Institute and Level 3, John brings a unique theory and practice approach to financial system transformation.

Previously, John was a Managing Director of JPMorgan where he worked for over 18 years. At JPMorgan, John managed various capital markets and derivatives business around the globe, then shifted focus to private investments and was subsequently the Chief Investment Officer of LabMorgan through the merger with Chase Manhattan before retiring from the bank in 2001.

Following JPMorgan, and after experiencing 9-11 first hand, John spent years embarked on more entrepreneurial ventures as an impact investor while engaging in deep study of our multiple interconnected systemic crises that led to the founding of Capital Institute, officially launched in 2010.

John was a member of the Long Term Capital Oversight Committee that managed the $3.6 Billion rescue of the distressed hedge fund in 1998. He is a Co-Founder and Director of Grasslands, LLC, a holistic ranch management company in partnership with the Savory Institute, and a Director of New Day Farms, Inc., New Economics Institute, and Savory Institute.org. He is also an Advisor to Armonia, LLC, a Belgian family office focused on impact investments, and to Richard Branson’s Business Leader’s initiative. He sits on the steering committee for the New America Foundation's Smart Strategy initiative as well.

John writes the bi-weekly Future of Finance blog, which is widely syndicated on platforms such as The Guardian and The Huffington Post. He has appeared on Frontline, and been interviewed by Bloomberg, The Laura Flanders Show, The Real News Network, INET, and WOR radio.

John received a BA in Economics from the University of Michigan, and an MBA from the Stern School of Business at NYU.

I study naturally developing systems that exhibit many characteristics of economies, starting from the explanatory principles of physics for energy flow (the conservation laws), combined with extensive empirical observation to see how nature and people fit their designs into the necessities of physics, to have a strong foundation to build from. see www.synapse9.com

Peter Kinder co-founded KLD Research & Analytics, Inc. in 1988, in Boston, Mass., and served as its president and board chair until its sale to Risk Metrics Group in 2009. At its sale, KLD was the world’s leading provider of social invest­ment research and indices. He remains a consul­tant to MSCI, Inc., which bought Risk Metrics in June 2010.
Mr. Kinder blogs (www.thebell.us and http://blog.riskmetrics.com/) on economics, legal issues affecting his niche, the evolving nature of the corporation, fiduciary duties and the passing scene. He co-authored three books in his field: Ethical Investing (1984); The Social Investment Almanac (1992); and Investing for Good (1993). He has spoken to audiences on four continents.

Mr. Kinder serves on the boards of The Capital Institute and of the Center for Political Accountability, the finance advisory committee of the Wallace Global Fund, a private foundation, the President’s Council of CERES and the Marlboro College MBA Program Circle of Advisers.

Mr. Kinder served two terms on the board of the U.S. Social Investment Forum, one as vice chair. KLD was a co-founder of the Sustainable Investment Research International Group (SiRi) and Mr. Kinder served on its board. He was a co-founder and principal (1997-2000) of Domini Social Investments, LLC.

From 1973 to 1988, Mr. Kinder practiced law, first as an assistant attorney general in Ohio, then in Boston as a staff lawyer for a foundation and finally in private practice. He specialized in administrative law and corporate regulation.

Mr. Kinder received an A.B. in History from Princeton University in 1970 and a J.D. from Ohio State University in 1973, both with honors.