Economic Development
The Problem of Social Benefit
Economists have obsessed over the question of negative externalities, but market arrangements can also generate positive externalities. We should consider how to harness them for public good.
Economists have obsessed over the question of negative externalities, but market arrangements can also generate positive externalities. We should consider how to harness them for public good.
A greater focus on co-created, measurable outcomes can help build trust between public, private, and social sector partners, and thus improve the effectiveness of outcomes-based contracting and the social programs they create.
A new book examines the future of business that promotes the creation of shared value.
For the past 30 years, celebrated academics and business leaders have promoted the idea that companies often profit by addressing social and environmental problems. Although these proposals have been hailed as promising breakthroughs, they are unscientific and counterproductive.
Salesforce founder and co-CEO Marc Benioff wants the business world to adopt new values. Can he and other leaders live up to those norms? Do we even want them to? A book review from the Spring 2020 issue.
Massive investment in surgical care is essential for achieving the Sustainable Development Goals and improving health equity. The surgical device industry should take the lead. Open access to this article is made possible by Harvard Medical School.
Reimagining the Civic Commons claims it has built the first comprehensive set of metrics that connect the impact of revitalization to things like trust between people, neighbors' perceptions of safety, and a community’s ability to draw together people of different incomes, races, and backgrounds.
Why environmental, social and governance assessment needs to go beyond risk avoidance, and take into account both business model and corporate strategy.
The Trump administration can use foreign aid to further American interests and improve the lives of people around the world.
Starting a new organization to fill a gap in a field is a bold and difficult step, but four strategies can help ensure success.