The Economics of Well-being

The purpose of an economy should be the wellbeing of all. We’re all interdependent, humans and other life on the planet. People everywhere share the same need for love, happiness, security, good work, freedom, community and involvement in decisions affecting them. Everyone deserves the opportunity to live a healthy and fulfilling life.

Today, this is far from being the case.

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Time to elevate the HS2 debate

With Labour shadow Transport Minister Maria Eagle’s recent announcement, titled “Time to forge a cross-party consensus on aviation and high speed rail for the long term”, the drama, or perhaps tragedy, surrounding the upcoming decision on High Speed Rail in the UK (HS2) took an ominous turn. 

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An opportunity to transform services for young people

nef is launching an exciting 30 month project which seeks to improve outcomes for young people and their families by improving the way that Services for Young People are designed, commissioned and delivered. Through our work with commissioners in Surrey, Camden and Kirklees, nef has developed the theory and application of both co-production and commissioning for outcomes.

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I’m a former banker, a one percenter, and I’m mad as hell too

Let's be clear. The Occupy movement is not a product of frustration, as President Obama, Treasury Secretary Geithner, and now Eric Cantor have suggested. Frustration is passive; anger is active. Martin Luther King was not frustrated. But beyond my anger is a real concern for democracy, for America, for the people of the world, for the planet upon which we all depend, and for my children's future. It's why I do what I do. It's the inspiration for Capital Institute.
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Why the protesters are going to win

Something very important has shifted.  I realised this when the authorities at St Paul’s Cathedral managed their volte face to allow the Occupy protesters to stay put. 

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Diary from New York: 3. Community Justice in Red Hook

Visiting the Red Hook Community Justice Center was a must for us. This is the project which inspired Britain’s only community court pilot – the North Liverpool Community Justice Centre. Visiting Red Hook was fascinating in itself but we also got to talk to people who were there at the start, in the 1990s and 2000 when the Centre opened. Understanding how the Red Hook Center evolved gave us insights into how innovative projects can get off the ground.

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The four horsemen of economics

Originally posted at YaleGlobal Online.

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Business education can be ethical

If an aspiring entrepreneur wants to understand social and environmental outcomes as well as financial numbers, where should they study business? Last month the Aspen Institute published its latest bi-annual ranking of full-time MBA courses. It is unique in that it specifically considers the social, environmental and ethical focus of each business school and its courses.

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Occupy London is cleaning up the big bang’s mess

Originally posted at Comment is free.

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A common currency for the social economy

Just the other week, I attended a large impact, measurement and analysis conference. There, I heard speakers referring to the value of good measurement, the importance of stakeholder engagement but none give a convincing argument for return on investment analysis.

At nef consulting, we work on social return on investment (SROI) and other forms of value for money analysis all the time and I have a pretty good idea why no speaker was able to provide that convincing case… a lack of a common currency for valuing social outcomes.

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