Normative Narratives


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Aftermath of The Baltimore Riots: Justice is Blind, Economics is Not

RIP Freddy Gray. Just 25 years old, a young man’s life was tragically cut short. We cannot let the ensuing chaos detract from this ultimate injustice.

I have seen people on social media try to justify what happened to Mr. Gray by bringing up his criminal history. Not only is his rap-sheet immaterial to his death, but it is despicable that people would drag a dead man’s name through the mud to make their politically / racially charged points. This man is dead, he cannot defend himself.

Furthermore, Mr. Gray’s criminal history of non-violent drug use / distribution is a common product of his environment. Not to make excuses for his past crimes, but his environment does offer some insight and context into his questionable choices.

Another meritless claim is that Mr. Gray’s spinal surgery led to his death. Mr. Gray did not die on the operating table, and without some outside trauma to his spine he would still be alive today.

Equally disgraceful to these meritless justifications of alleged officer misconduct are opportunists using Mr. Gray’s death to loot and riot. Mr. Gray’s family, for their part, has condemned the riots. Nothing fuels a counter-narrative like unlawful behavior; as the saying goes, with friends like these who needs enemies.

A Department of Justice investigation is ongoing, and I fully expect that after a transparent investigation those responsible for Mr. Gray’s death will be held accountable.

Yes America’s criminal justice system is flawed, particularly with respect to African American communities, but to assume that it is never capable of delivering justice belittles its many unsung successes. As of this posting, the 6 officers involved in Mr. Gray’s death have been charged with various crimes, including second degree murder and manslaughter, by Baltimore’s Chief Prosecutor.

I can understand rioting after an unfair ruling, but not before a ruling even takes place. Some will argue that as a white man it is not my place to understand, and while I like to think I am generally pretty good considering things objectively, they may have a point. I do however know this; when comparing the track records of violent and non-violent protests in achieving meaningful reform in America, the more effective approach has unquestionably been non-violent.

Those sympathetic to the rioters may argue that every successful non-violent protest was buoyed by a parallel violent movement. While it is impossible to completely decouple the effects of parallel violent and non-violent movements, I find this argument flawed. What positive role could violent protest possibly play in political decision-making when violent protests detract from public sympathy, and the state always has the overwhelming advantage in shows of force?

To the contrary, in my opinion meaningful change results from strong leaders utilizing their rights to publicly frame issues in ways that even those who may, in their private thoughts, be ideologically opposed cannot as publicly elected officials reasonably challenge.     

Regardless of my understanding, the riots have, in the words of Baltimore’s African-American Police Comissioner Anthony Batts, embarrassed Baltimore as a city. Fortunately the negative actions of a few misguided Baltimoreans should have no impact on either the Baltimore Country or DoJ investigations.

But ultimately it is not the short-term embarrassment or immediate economic consequences that should most worry those who wish to see Baltimore thrive. It is the long-term impact on investment that is most troubling, as the riots will likely exacerbate the very socioeconomic conditions which indirectly led to Mr. Gray’s death and the ensuing riots in the first place.

While properly served justice is “blind”, economic decision making considers every iota of information available:

The looting and burning of a CVS pharmacy and general store, which has been shown on just about every newscast in the past 24 hours, as well as the destruction of other shops, will tend to deter retailers from making new investments, economists warned.

“One of the things that’s been growing in the area has been the tourism aspect and nothing puts off tourists more than riots and curfews,” said Daraius Irani, chief economist at the Regional Economic and Studies Institute of Towson University in Baltimore.

“One of Baltimore’s credit strengths is it has a sizeable and diverse tax base,” said Moody’s analyst Jennifer Diercksen, noting the city’s universities, which provide thousands of very safe jobs – creating a stable base for Baltimore.

Still, the city lags the rest of the nation on a per capita income basis. Its per capita income was $24,155 for 2012, representing only 86.1 percent of the national median, according to Moody’s.

Its unemployment rate is higher than the U.S. average – according to the U.S. Bureau of Labor Statistics, Baltimore city’s unemployment rate in February was 8.4 percent versus the U.S. rate of 5.8 percent in that month.

Still, economists said one of Baltimore’s problems is the sharp demographic split between the successful elite and an underprivileged population.

“There is the vibrant, beautiful, urban community that is characterized by ongoing renaissance, and the poor, less educated, less visited, which faces more challenges,” said Basu. “Both Baltimores have been making progress in recent years.

“Despite the fact the destruction was in the other Baltimore, not the one visited by tourists, the damage economically in the near and mid term will affect both.”

When private investment lags, jobs and tax revenue for social programs and public goods take a hit. Regardless of your political affiliation or personal beliefs, one or more of these things are needed to promote social mobility and social justice.   

Baltimore’s leaders must now prove their mettle by utilizing the city’s strong fiscal position to attract investors. The city’s leaders must leverage both public money and the public relations boost private companies would realize by helping “rebuilding Baltimore” towards securing public-private partnerships that benefit Baltimore’s poorest areas.

The only silver-lining of these riots is that America is paying attention to Baltimore. While I think peaceful protests would have achieved this same outcome without the negative media coverage and economic backlash, the riots are now (hopefully) a matter of history. Moving forward, the attention Baltimore is currently receiving must be utilized as a positive.  

Another potential avenue for recovery runs through Federal government, which being within a stones-throw of Baltimore may be compelled to invest significantly in revitalizing the city. Of course these two sources of public funding–municipal and federal–should be carefully coordinated to ensure that maximum social benefits are realized.

It is exactly trying times like these when strong leadership is most needed. Let us hope elected officials in Baltimore and Washington D.C. are up to the challenge. Community and religious leaders also have an role to play, both immediately in catalyzing anger into a sustainable political movement, and in the long run by promoting the roles of strong social values, resilience, and personal and social accountability in poverty reduction.

I am confident that criminal justice will be served in the Freddy Gray case, and that this case will help spur more widespread criminal justice reform across America.

Unfortunately, I fear the riots may have exacerbated the very problems that need to be addressed for more comprehensive progress on the social justice front.

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The Evolution of the Post-WWII International Order

As representatives from the IMF, World Bank, and the G20 converged on Washington last week, there was a sense that America may be losing its position as the main guarantor of international order:

As world leaders converge here for their semiannual trek to the capital of what is still the world’s most powerful economy, concern is rising in many quarters that the United States is retreating from global economic leadership just when it is needed most.

Washington’s retreat is not so much by intent, Mr. Subramanian said, but a result of dysfunction and a lack of resources to project economic power the way it once did. Because of tight budgets and competing financial demands, the United States is less able to maintain its economic power, and because of political infighting, it has been unable to formally share it either.

Other experts and historians, however, say too much can be made of the moment. Walter Russell Mead, a professor of foreign affairs at Bard College, noted that the rise of China as an economic force was inevitable, and that its establishment of a rival lending institution was far different from the international behavior of the Soviet Union and communist Chinese during the Cold War.

Then, he said, America’s rivals were trying to destroy and replace the economic order established by the United States and Britain after World War II. Now, emerging powers are emulating it, however imperfectly.

Sure other countries have risen in prominence since America stood as the lone super-power after the Cold War, but has this really resulted in America’s decline? I would argue that building up strong allies to help promote America’s vision of international order–one based on democracy, human rights, economic and defensive interdependence, and more recently environmentally sustainable economic development–was exactly why the U.S. took the lead in setting up the United Nations and the Brenton Woods Institutions (the World Bank, IMF, and GATT).

Therefore, in assessing America’s influence over international order, we should consider how these institutions have evolved. While they were all conceived with the best of intentions, good intentions do not always lead to good outcomes. Have these institutions been able to learn from their mistakes and make meaningful contributions to maintaining international order? Lets consider them on a case by case basis:

The International Monetary Fund (IMF):

The IMF was originally conceived to promote currency stability and help countries overcome short-term balance of payments issues. But as technological advances made the world smaller, the IMF took on a much larger mandate, and began extending loans to help developing countries modernize. The so called “Washington Consensus” linked development loans to “ex-post” (after the fact) conditions such as hitting fiscal targets (reducing the size of government) and liberalizing trade.

While these policies by and large do promote growth in already developed countries, they ignored the historic lessons of the world’s developed countries. Every advanced country relied on some degree of protectionism to cultivate its own industries and government spending to build both physical infrastructure and a skilled workforce as it modernized.

The “Washington Consensus” programs did not allow for policy space based on the historical experiences and current realities in the countries they intended to help. As I have often written, economics–particularly development economics–is highly context-sensitive; the “Washington Consensus” was simply to rigid and narrow-sighted to work.

The “Washington Consensus” was a consensus failure, and left many countries worse off than before they accepted this “help” (see “the lost decade” in Latin America). Thankfully the IMF abandoned this flawed set of policies.

The failure of the Washington Consensus led to IMF to reconsider how it does business–the “conditionality” attached to its loans. Instead of relying on a rigid set of targets a country must meet in order to continue to receive support, the IMF now focuses on pre-set “ex ante” conditionality. If a country has a sound macroeconomic position, it can tap into IMF financing while maintaining the policy space needed to address the needs of its citizens (and ultimately maintain its legitimacy).

The IMF will have to deal with the specter of the Washington Consensus for some time, but going forward it has evolved in meaningful ways.

The World Trade Organization (WTO):

The General Agreement on Tariffs and Trade (GATT) officially became the World Trade Organization (WTO) in 1995. The WTO sets rules for global trade and provides a forum for airing grievances. With membership covering 96.4% of global trade and 96.7% of global GDP, the WTO is unquestionably an important institution.

Critics often argue the WTO is ineffective, but any organization whose stated goal is the resolve international trade disputes is by definition going to be contentious. I would argue that the WTO has helped keep trade disputes trade disputes, and that without it many of these disputes could have ended in armed conflict.

In recent years, international trade news has been dominated by two proposed regional agreements, the trans-pacific partnership (TPP) between the U.S. and Asian economies, and the trans-atlantic trade and investment partnership (TTIP) between the U.S. and Europe.

There is no consensus as to whether regional free trade agreements (FTA) such as these undermine the global free trade movement, or if they are building blocks towards this goal. But one thing is for certain–free trade agreements create winners and losers. The winners tend to be the wealthy who are positioned to benefit from greater market access; the losers tend to be wage earners.

In the context of political dysfunction and simmering class-warfare in America and beyond, it is necessary that policies to transfer some of the gains from the “winners” to protect the “losers” of any FTA are baked into the agreements themselves. The ability of governments to address the inequality and environmental impacts of any FTA will greatly affect its historical legacy.

The United Nations (UN):

The United Nations is arguably the most important of the international institutions. In addition to providing a forum for countries to address one another, the UN also serves a global policy adviser, giving it the strongest normative mandate of any of these organizations.

The Millennium Development Goals (MDGs) are 8 specific goals whose intent is to guide the trajectory of the developing world. The successes of these goals has been uneven–some countries have a great record, while others not so much. As these goals are set to expire at the end of 2015, they are commonly viewed as beneficial but imperfect. Their successors, the Post-2015 Sustainable Development Goals (SDGs), aim to build on their successes while learning from their short-comings.

There are a number of ways the SDGs deviate from the MDGs. For one, they are much more inclusive and consultative. Seen as being drafted behind closed doors by the global elite, the MDGs were hampered from the start. Conversely, the SDGs are being drafted with input from numerous thematic and national consultations with the very people they are intended to benefit.

There is also greater emphasis on the roles of various stakeholders (governments, private sector, NGOs, civil society, and international organizations) with regards to both financing the agenda and being accountable for their operations in the developing world. “Who Will Be Accountable?” highlights these common but differentiated responsibilities, providing general guidelines for holding those who violate the SDGs accountable.

Between the launch of the Post-2015 Development Agenda (the SDGs) and the 2015 UN Climate Conference in Paris (which is expected to result in the first universal global climate treaty), 2015 will prove to be a pivotal year for sustainable human development initiatives.

One area the U.N. has not reformed sufficiently is in promoting global security. Given that security is a necessary precondition for sustainable human development, the significance of this shortcoming cannot be understated.

Nowhere has this problem been more acute than in the Middle East, where armed conflict has left 1 in 4 children out of school, led to immeasurable economic, physical, and psychological damage, and has completely overwhelmed the international humanitarian assistance network. The inability to protect children is especially alarming, as it plants the seeds for future conflicts.

The United Nations needs to respond more decisively against regimes that commit gross human rights violations. The concept of national sovereignty is meant to protect a country from outside invasion, not act as a shield for human rights abusers.

The Responsibility to Protect (R2P) was supposed to put peoples rights before national sovereignty, but it has proven to lack the teeth needed to provide meaningful protection. The need is clear, as I have called for in the past, for the UN General Assembly to have a mechanism for overruling UN Security Council vetoes. Such a reform would give the R2P the power it needs to fulfill its important mandate to prevent / end gross human rights violations.

The World Bank Group (WB):

The World Bank Group is responsible for financing development projects in the developing world. While its existence has been a “net benefit” for developing countries, the World Bank has had issues enforcing “good governance” standards on its projects, often resulting in adverse consequences for the worlds most vulnerable people:

The World Bank regularly fails to enforce its own rules protecting people in the path of the projects it bankrolls, with devastating consequences for some of the poorest and most vulnerable people on the planet, a new investigation by the International Consortium of Investigative Journalists, The Huffington Post and more than 20 other media partners have found.

The investigation’s key findings include:

  • Over the last decade, projects funded by the World Bank have physically or economically displaced an estimated 3.4 million people, forcing them from their homes, taking their land or damaging their livelihoods.
  • The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances.
  • The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture. In some cases the lenders have continued to bankroll these borrowers after evidence of abuses emerged.
  • Ethiopian authorities diverted millions of dollars from a World Bank-supported project to fund a violent campaign of mass evictions, according to former officials who carried out the forced resettlement program.
  • From 2009 to 2013, World Bank Group lenders pumped $50 billion into projects graded the highest risk for “irreversible or unprecedented” social or environmental impacts — more than twice as much as the previous five-year span.

Days after ICIJ informed the World Bank that the team’s investigation had found “systemic gaps” in the bank’s enforcement of its “social safeguard” rules, World Bank Group President Jim Yong Kim acknowledged “major problems” with the bank’s resettlement policies and vowed to seek reforms.

Being a “net benefit” for the developing world is not a high enough standard for the World Bank, it must adopt a “do no harm” principle in all its projects. To achieve this goal, the World Bank should emulate the UN in consulting with those who will be affected by their projects.

The World Bank has an important role to play in promoting the SDGs, but first it must get its own house in order.

Some may point to the recent rise of parallel international organizations such as the Asian Infrastructure Investment Bank (AIIB) and the New Development Bank (NDB) as further signs of the deterioration of an American led international order. Indeed, there are serious governance questions these institutions must address, lest they be counter-productive in the pursuits of promoting peace and eradicating extreme poverty.

It would be most constructive to have the UN promote these values (accountability, good governance, etc.) to emerging international institutions, not the US. The UN has international legitimacy; the same message coming from the UN would likely be much more well received.

US-centric international organizations are free to work with these parallel institutions or not, and their positions can evolve as these new institutions reveal their values through their actions. But as professor Walter Mead aptly points out, these institutions are not challenging America’s Post WWII vision of international order, they are doubling-down on it. As the saying goes, imitation is the greatest form of flattery.


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Transparency Report: Stress–America’s Inter-Generational Poverty Trap

The High Costs of Being Poor in America: Stress, Pain, and Worry:

Reported stress levels are higher on average in the U.S. than in Latin America. Importantly, the gap between the levels of the rich and poor is also much greater, with the U.S. poor reporting the highest levels of stress of all cohorts.

Pain, worry, sadness, and anger (reported as experienced the day before or not) are also all significantly higher among low income cohorts than among wealthy ones, while reported satisfaction with life as a whole is significantly lower, according to our analysis of Gallup data:

The cost and pain of poverty in the U.S. less about basic goods like water and electricity than nonmaterial factors: insecurity, stress, lack of opportunity and discrimination.

Stress impacts cognitive ability. Not only do poorer people have less resources to invest in human capital, due to higher levels of stress they may benefit less from every dollar they do invest. This is the stress-based poverty trap.

Furthermore, evidence suggests that this stress-based poverty trap may be inter-generational:

Stressful experiences for expectant mothers can have detrimental effects on their unborn children:

  1. “Prenatal insults,” such as harassment and discrimination, to pregnant Californian women with Arabic names after 9/11 resulted in higher rates of low birth weight babies, according to research by epidemiologist Diane Lauderdale. Babies who gestated in the weeks after 9/11 and who were given distinctive, Arabic names experienced a two-fold increase in underweight births compared to those who gestated before. Babies born to mothers with non-Arabic names experienced no such effect.
  2. Children in utero during a 40-day ice storm crisis in Québec  had lower scores on tests of vocabulary and psychological measures at age 5.
  3. Using the timing of Ramadan as a natural experiment, economists Douglas Almond and Bhashkar Mazumder find persistent effects of prenatal fasting on disability outcomes as an adult.


Why? One strong possibility is that mothers send biological signals to their fetuses, providing information about the outside world and thereby helping prioritize different aspects of fetal development. Some scientists now believe this process actually alters which genes get “switched on” in newborns.


Are We All “Born Equal”?

Ideally, people would only have children when they are financially secure and emotionally ready. In reality this is not the case, and I for one cannot think of a way of achieving this ideal without grossly invading peoples privacy. Given this reality, how can we reduce stress levels in pregnant women?

One obvious past-due reform is legislating paid maternity leave. The U.S. is the only developed country in the world that does not mandate paid maternity leave. Considering the potential link between maternal and fetal stress levels, perhaps maternity leave should begin earlier in pregnancy. This is not only a women’s rights issue, it is a social mobility issue as well.

Other avenues for progress could be informational. Poorer women are less likely to use contraception or have abortions. Abortions are also less common among poorer women, reflecting both the cost and perhaps the percieved stigma surrounding the practice (a source of stress itself). In  “Freakonomics” Steve Dubner and Steve Levner attribute dropping crime rates in the 90s primarily to the legalization of abortions in the 70s (Roe v. Wade). While abortion may be controvertial, the effects of having unwanted children are far more costly to society.   

When considering intentional pregnancy, it is common knowledge that women take great care concerning what they ingest during pregnancy. However, notably less attention is paid to stress levels. Should doctors be informing women about the impact of stress on their unborn children? Should they be promoting stress reducing activities like prenatal yoga / meditation?

Promoting equality of opportunity and social mobility requires support at all points in life. Some people need support from birth throughout young-adulthood, others need retraining later in life, while others at certain intervals in-between. This is why we see so many different programs and proposals targeting different age cohorts: universal pre-K, subsidized meals / greater school choice in primary and secondary schools, free community college / Pell Grants / “student bill of rights“.

While it may be ideal to promote policies that reduce everyone’s insecurity, early intervention is less politically contentious. A growing body of evidence suggests the earlier the intervention, the greater the “return on investment”. Furthermore, one cannot reasonably appeal to the  “personal accountability” argument when opposing welfare programs targeting unborn / young children.

Promoting equality of opportunity and social mobility are undoubtedly difficult and expensive, but they are at the root of the American Dream. Furthermore, enabling everyone to realize their full potential spurs innovation and economic growth, and would save money later in life on welfare and criminal justice spending.

As the natural and social sciences advance and become more cooperative, insights such as this will continue to present themselves. As Americans, it is up to us to reject anti-intellectualism and false budgetary restraints, and elect leaders who will turn these insights into effective public policies.


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Its Human Rights, Stupid!

Two weeks ago, the Obama Administration hosted a summit in Washington D.C. on countering violent extremism. With terrorist organizations such as ISIL and Boko Haram massacring people with relative impunity, high ranking government officials from around the world, representatives from the United Nations, and experts in the field came together to discuss how best to counter such groups.

Without trivializing the essential role of military operations, there is a growing consensus that a comprehensive, multi-dimensional approach is needed to effectively counter terrorism. A military response alone does not address the root causes which enable the formation and continued operation of extremist organizations, and can be counter-productive by fueling anti-Western propaganda (drone warfare has been particularly contentious in this regard).

An important component of this multi-dimensional approach is the promotion and protection of human rights. This sentiment was echoed by both President Obama and Secretary General Ban Ki-moon.

Obama:

As he sought to rally the world behind a renewed attack on terrorism, President Obama argued on Thursday that force of arms was not enough and called on all nations to “put an end to the cycle of hate” by expanding human rights, religious tolerance and peaceful dialogue.

But the challenge of his approach was staring him right in the face. His audience of invited guests, putative allies in a fresh international counterterrorism campaign, included representatives from some of the world’s least democratic and most repressive countries.

Critics say the terrorism fight has simply enabled autocratic regimes to go after their political foes without worrying about American disapproval. Egypt’s leaders, for instance, have moved to stifle the Muslim Brotherhood, the opposition group they deem too radical. “It is futile to distinguish between bad terrorists, which must be defeated, and good terrorists, which can be accommodated,” Mr. Shoukry said.

The White House acknowledged the disconnect between advocating human rights and teaming up with human rights violators. But aides said it was one Mr. Obama had learned to live with, given the importance of maintaining an international coalition to fight the Islamic State and other terror threats.

“It’s a perennial challenge of the U.S. government that some of our partners are much more aggressive than others in how they define their domestic terrorist challenge,” said Benjamin J. Rhodes, a deputy national security adviser to Mr. Obama. That dynamic is “most obvious in Egypt, where essentially there’s been a very broad brush in terms of who represents a terrorist threat.”

“When people spew hatred toward others because of their faith or because they’re immigrants, it feeds into terrorist narratives,” Mr. Obama said. “It feeds a cycle of fear and resentment and a sense of injustice upon which extremists prey. And we can’t allow cycles of suspicion to tear the fabrics of our countries.”

Ban Ki Moon:

“Let there be no doubt,” Mr. Ban proclaimed to a room full of high-level delegates including US Secretary of State John Kerry, “The emergence of a new generation of transnational terrorist groups including Da’esh [or the Islamic State of Iraq and the Levant] and Boko Haram is a grave threat to international peace and security.”

“These extremists are pursuing a deliberate strategy of shock and awe – beheadings, burnings, and snuff films designed to polarize and terrorize, and provoke and divide us,” the UN chief added, commending UN Member States for their political will to defeat terrorist groups and at the same time, urging them to stay “mindful of the pitfalls.”

“Many years of our experience have proven that short-sighted policies, failed leadership and an utter disregard for human dignity and human rights have causes tremendous frustration and anger on the part of people who we serve,” the UN chief said.

…preventing violent extremism requires a multi-pronged approach. While military operations are crucial, they are not the entire solution. “Bullets are not the silver bullet,” Mr. Ban said, emphasizing that while missiles may kill terrorists, good governance kills terrorism.

“Human rights, accountable institutions, the equitable delivery of services, and political participation – these are among our most powerful weapons,” the Secretary-General stressed.

Why Isn’t More Done?

If such a consensus exists around the significant role human rights violations play in a variety of negative outcomes (including violent extremism), why don’t policymakers do more to promote human rights? One explanation is that human rights encompass many issues: economic, social, cultural, political and civil rights. Furthermore, no consensus exists with regards to the hierarchy of human rights. Fulfilling some human rights obligations are inherently expensive (economic and social rights), while others have more to do with those in power loosening their grip (political, civil, and cultural). In other words, human rights include both positive and negative rights. Which rights should be prioritized in a world of finite resources and political capital?

I am of the camp that believes human rights are inter-dependent; one human right violation enables others, culminating in armed conflict and/or “extreme poverty”. Therefore, there really is no hierarchy. The exception to this rule is the right to life / security; a violation of this right (murder) is permanent and obviously must be upheld before other rights can be considered. This reality is often bastardized to justify restricting rights in the name of security, an issue I will address later in more detail.

Another issue is that the “ends” of promoting some human rights are not immediate, which historically has made verifying progress difficult. To this end, the UN’s Post-2015 Task Force has placed an emphasis on developing indicators for previously non-quantifiable aspects of human rights. These indicators can help verify when progress is being made on longer-term goals, and when ineffective programs need to be adjusted or scrapped.

Promoting and protecting human rights, while admittedly an ambitious goal, gives direction to sustainable development agendas (likes the SDGs / post-2015 development agenda) in both “first world” countries and the world’s least developed countries. Specifically which rights should be prioritized is context sensitive and should be identified through the democratic process.

Problems With Partners

Many of America’s partners, particularly in the Middle-East, are authoritarian regimes which do not share our beliefs in pluralism and human rights. These regimes tend to fight extremism by further restricting peoples rights in the name of security, exacerbating a vicious cycle of violence, under-development / poverty, and human rights abuses. They often characterize any dissenters as “terrorists”, even if their actions are entirely peaceful.

But relying solely on “Western” actors is not financial sustainable or effective, as it fuels the “Western Imperialism” terrorist narrative. Regional partners must play a leading role in combating extremist activities and ideologies. Although imperfect, we must work with these partners as they are, while simultaneously cultivating local support for human rights. 

Even our “democratic” allies may find it in their best interest to restrict certain rights. Take Egypt for example, where extremist violence has led to popular support for an unaccountable military regime. One could certainly argue that it is in the Egyptian governments best interest to manage, but not eliminate, violent extremism.

And of course, the American-led coalition has its limits–for example, it refuses to work with the Assad despite the military benefits such a partnership would entail.

The Case for an American National Human Rights Institution:

Human rights accountability outlines the responsibilities of different actors–corporations, the public sector, international development organizations, NGOs, and civil society–in promoting and protecting human rights.

National Human Rights Institutions (NHRI), which have proliferated over the past two decades, can act as human rights watchdogs. These institutions are most effective when they have a strong mandate, a working relationship with the criminal justice system, and receive their funding independently of federal budgetary decisions.

The unfortunate irony is that in the very places that could benefit the most from effective NHRIs, these conditions are not met. Critics argue NHRIs are ineffective and put in place to create the illusion of promoting and protecting human rights. While this may be true in some cases, it is not in all; ultimately, NHRIs can be as effective or ineffective as their mandates and operating space allow.

The absence of an American NHRI is particularly conspicuous. While America does have strong protections of many rights, it lags in other areas (particularly privacy concerns). A NHRI could provide a forum for people to directly address grievances against the government. Perhaps the whole Snowden debacle could have been averted with a functioning ombudsman system.

An American NHRI could be an political mouthpiece for people, helping to restore faith in the American government (which, sadly, is the lowest amongst the financially insecure–the very people who could benefit from public policy the most). Who knows, an American NHRI institution could play a part in jump-starting stagnant wages and promoting social mobility! While far from a cure-all, an American NHRI could “punch above its weight” in terms of resources required to run it.

Perhaps most importantly, an American NHRI would act as a model for NHRIs in other countries, assisting with financial support, technical knowledge, and capacity building. An American NHRI would unaccountably be a strong voice within the the international coordinating committee (ICC) of NHRIs.

These are hypothetical results, and the presence of effective NHRIs does not mean the realization of human rights would progress in a perfectly linear fashion. The closer people get to acquiring new rights, the harder vested interests dig in against them. This is what is playing out now in the Middle-East and in the Ukrainian Civil War–extremists and authoritarians clinging to the remnants of an old order.

The power of effective democratic governance and a human rights based approach to development is truly awesome. Next time someone asks how America can promote progressive values both at home and abroad, just tell them “it’s human rights, stupid!”

Note: This blog focused exclusively on the relationship between human rights and violent extremism. Click the following links for more information on the linkages between human rights, armed conflict, and economic development (which are themselves related root causes of violent extremism).

In Development as Freedom, Amartya Sen argues promoting human rights is not only a means to an end (“positive peace“, sustainable development, poverty and inequality reduction), but also an important end in itself (empowering people, enabling self-determination)–I fully agree!

Taking a holistic view of the benefits of upholding international human rights norms, an even stronger argument can be made for their promotion and protection.


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Greece, Birthplace of Democracy, Needs A Democratic Lifeline

No More Blood From A Greek Stone:

It appears Greece’s government has come up with a list of reforms it and its creditors can agree upon in return for 4 months of bridge financing to restructure the conditions of a longer-term growth strategy.

By trading structural reforms for fiscal space, each major player (Greece and Germany) is making major concessions in the name of pragmatism. Germany is relaxing its dogmatic belief  in fiscal targets to provide the Greek government with the fiscal space needed to restructure its economy without exacerbating its “humanitarian crisis”. Greece, in return, must officially bring to an end the era of lax tax collection and over-rigidity in the labor market.

Both sides are making major concessions, neither side is 100% happy, and its appears as if middle ground has been found–all signs of a meaningful compromise. One can only hope that when Greece’s list of reforms comes in on Monday, both sides of this debate remain on the same page:

Greece’s list of reforms to be submitted to the euro zone on Monday comprises pledges on structural issues such as tax evasion and corruption over the next four months without specific targets, a government official said on Saturday.

The accord requires Greece to submit by Monday a letter to the Eurogroup listing all the policy measures it plans to take during the remainder of the bailout period.

If the European Commission, the European Central Bank and the International Monetary Fund are satisfied, the Eurogroup is likely to endorse the list in a teleconference without the need for a formal meeting. Then euro zone member states will need to ratify the extension, where necessary through their parliaments.

There will not be specific figures or targets to be achieved tied to the goals, the official said, adding that the two sides had not yet discussed how Greece would be evaluated on the reforms.

EU officials and euro zone ministers said they had no reason to think Greece would not come up with a satisfactory list of measures on Monday night. However, some hawkish countries have insisted that if there are doubts, the Eurogroup would have to reconvene in Brussels.

Structural reforms are inherently difficult to implement. In order to make the difficult task of taking on strong interest groups politically possible, an overwhelming popular mandate is needed. The need for strong public backing becomes even more important during times of high unemployment, when those lucky enough to remain employed are (quite rationally) more afraid of losing their jobs.

According to a recent opinion poll, 68% of Greeks want a “fair compromise” with the EU; even after years of economic suffering, the vast majority of Greeks remain steadfast in their believe in the E.U.. Such support must be seized upon, it will not last forever.

What Greece needs now is a pro-growth, structural reform based bailout plan, not a continuation of its failed blood-from-a-stone internal-devaluation based “recovery”. Reducing it’s primary surplus while collecting greater tax receipts would open up the fiscal space Greece needs to both deal with its humanitarian crisis and create a safety-net for those adversely affected by labor market reforms as the economy readjusts. 

The past 6 years have had a deep psycho-economic effect on the Greek people. With overall unemployment at 26% and youth unemployment at 50%, to go along with a 24% contraction in GDP, the Greek economy has been ravaged. Lack of control over monetary policy (as all members of the Eurozone face) has limited Greece’s policy space, it must be allowed to regain some control over fiscal policy.

Greeks have suffered enough and have learned their lessons–these next four months are an opportunity to prove it. In addition to any external monitoring imposed as part of this deal, the Greek people must prove they can be their own corruption watchdog and can pay their taxes.

Fighting wealthy tax evaders may be a popular political platform and merited on social justice grounds, but in order to pay-down Greek debt without compromising human development, a widespread cultural acceptance towards paying taxes is required. There is no doubt Greece has been too lax in collecting taxes in the past, but this does not need to be an irrevocable problem. Through legislative reform and social accountability, Greece can overcome it’s culture of tax evasion.

Locking in long-term labor market reforms, without driving more people into poverty and exacerbating the “lost generation” of young Greeks, should be the mutual goal between Greece and it’s creditors. In fact, this could be a potential blueprint for other economically depressed European countries to renegotiate their social contracts with the EU. Democratic governance derives its legitimacy from the will of the governed; if peoples basic needs are not met, democratic governance cannot be sustained.

Greece is not in the clear yet. But by finding this acceptable middle ground, the foundations of a sustainable solution for keeping the Eurozone intact may have been laid.

Reversing the Democratic Recession:

Neither side of this debate should have to pretend that keeping the Eurozone unified is an unimportant political, economic, foreign relations and security consideration. Greece staying in the E.U. is important for Greece, Germany, the E.U. and any country with aspirations of democratic governance:

[Stamford University democracy expert] Diamond adds, “perhaps the most worrisome dimension of the democratic recession has been the decline of democratic efficacy, energy, and self-confidence” in America and the West at large. After years of hyperpolarization, deadlock and corruption through campaign financing, the world’s leading democracy is increasingly dysfunctional, with government shutdowns and the inability to pass something as basic as a budget. “The world takes note of all this,” says Diamond. “Authoritarian state media gleefully publicize these travails of American democracy in order to discredit democracy in general and immunize authoritarian rule against U.S. pressure.”

If anything, the U.S. has been the poster-child for prosperity through democracy compared to the E.U.. Regardless, twin “democratic recessions” of varying degrees on both sides of the Atlantic have compromised the appeal of democratic governance abroad. Spreading Islamophobia, antisemitism, and xenophobia throughout Europe–side effects of Europe’s failed economic policies–compromise the appeal of Western values and galvanize authoritarian and extremist messages. 

ISIS finds itself at Italy’s back-door geographically in Libya. But ideologically, ISIS could not be further away from European ideals. Ultimately, reversing the democratic recession and countering authoritarian and extremist ideals requires. among other things, proving democracy remains a viable path to widespread freedom and prosperity.

“Western” countries cannot push Greece towards China / Russia for a bailout. We, like Greece, finds ourselves at an inflection point–we must  prove that democracy in a first world country can satisfy peoples basic needs. Failure to do so could lead to a long-term setback in promoting modernization, human rights, and democratic governance in the worlds least developed countries.


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Transparency Report: Debt, Depression, and College Drop-Outs

The graphs in this blog come from a recent report co-authored by the Pell Institute and The University of Pennsylvania:

graduation rates

In addition to the direct (tuition, room and board, cost of living) and “opportunity cost” (foregone wages) of attending college, there is mounting evidence that suggests there is an emotional / psychological cost associated with taking out student loans.

Despite the intense interest in this issue among researchers, this is the first paper that attempts to understand the emotional cost of carrying student loan debt.  This question is, in fact, more fundamental than the others being posed in this genre of research, since it could help to explain the mechanism through which debt may be affecting other outcomes (i.e. emotional health, graduation rates).

Based on their analysis, the authors report, “cumulative student loans were significantly and inversely associated with better psychological functioning.”  In other words, individuals with more student debt reported lower levels of psychological health, when other things are held constant (including occupation, income, education and family wealth).  The effect is statistically significant, but it is quite small.  They also find that “the amount of yearly student loans borrowed was inversely associated with psychological functioning,” which implies that taking on debt is emotionally costly for students.

Unfortunately, this emotional / psychological “cost” seems to be affecting a greater number of incoming college students:

High numbers of students are beginning college having felt depressed and overwhelmed during the previous year, according to an annual survey released on Thursday, reinforcing some experts’ concern about the emotional health of college freshmen.

The survey of more than 150,000 students nationwide, “The American Freshman: National Norms Fall 2014,” found that 9.5 percent of respondents had frequently “felt depressed” during the past year, a significant rise over the 6.1 percent reported five years ago. Those who “felt overwhelmed” by schoolwork and other commitments rose to 34.6 percent from 27.1 percent.

Not coincidentally, the frequency and magnitude of student loan debt has increased greatly during this period of increasing student unease and depression, according to data released by the NY Fed:

More U.S. students continued to borrow larger sums for their college education last year, according to data from the Federal Reserve Bank of New York, while total student loan balances tripled over the last decade.

At 43 million, the number of student borrowers jumped 92 percent from 2004 to 2014, while their average balances climbed 74 percent, according to New York Fed researchers. The average balance was some $27,000.

Obviously correlation does not prove causation. But given the logical link between debt, depression, and dropping-out of school, these trends cannot be purely coincidental–more research on the subject is needed.

“It’s a public health issue,” said Dr. Anthony L. Rostain, a psychiatrist and co-chairman of a University of Pennsylvania task force on students’ emotional health. “We’re expecting more of students: There’s a sense of having to compete in a global economy, and they think they have to be on top of their game all the time. It’s no wonder they feel overwhelmed.”

While I cannot speak personally about the burden of student loan debt, I have experienced depression first hand, and understand how being depressed could make one more likely to drop out of school.

Depression is particularly difficult to battle in a college atmosphere. The pressure to maintain a social life, despite anxiety and financial issues, can reinforce negative feelings associated with depression. The abundance of drugs and alcohol certainly does not help the situation either.

The general pessimism which accompanies depression compromises a person’s ability to clearly assess long term goals, such as completing a degree. Depression also affects ones cognitive abilities, hampering academic outcomes.

I can only imagine the pressure on someone who is both depressed and has student loan debt to consider; some combination of the two surely accounts for more low-income drop-outs than is currently recognized.

I had to take a semester off to get myself back in the proper state of mind to complete my degree; not everyone has this luxury. However, everyone should have the support needed to realize their educational and emotional potential.

Due to my personal experiences and knowledge of economics, I vehemently support President Obama’s proposed Community College plan. Lower income students could learn if pursuing a bachelor’s degree is “for them” without taking out tens of thousands of dollars in loans, likely leading to better emotional, educational, and economic outcomes.

Furthermore, community colleges are more likely to have the the social counseling and financial advising services missing from for-profit universities, which predominantly attract low income students.

collegetypebyincome

The Obama administration is attempting break the vicious cycle of student debt, emotional suffering, and dropping-out of college. Dropping out of college with student loan debt in a competitive global economy is a poverty trap for low income individuals, and has become a drag on economic growth in the macro.

By expanding mental health parity through the ACA, getting treatment for depression is no longer a luxury reserved for the wealthy. If our lawmakers pass a free community college bill, the synergy between these two public policies would go a long way towards bringing equity to America’s higher education system and reinvigorating the American Dream.


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Awareness, Self-Interests, People Power, and The End of Poverty

bmgastes

Inside the Bill and Melinda Gates Visitor Center in Seattle, WA

While finishing up my first business trip in Seattle, WA, I walked by the Bill and Melinda Gates Foundation. Due to my studies and interests, I was familiar with the organization’s important work in the related fields of Education, Healthcare, and Poverty Eradication both in the US and abroad. Intrigued, I went in.

While walking around the visitors center, I was struck by something I read. Explaining the origins of the foundation, a plaque stated that Bill and Melinda gates started their mission by providing Internet access to public libraries in America. Then, in the 1990s, Bill and Melinda “learned” of the extreme poverty affecting children around the world (specifically lack of access to medical care), and expanded the scope of their work.

This line took me a while to comprehend. Growing up during the age of globalization and global news coverage, the plight of people in the developing world was something I had always taken as obvious. How could it be that someone, let alone one of the smartest people in the world, would have to “learn” about these injustices later in life?

Then I began to think about what growing up in a hyper-connected world meant. For those who grew-up in previous generations, understanding the plight of people in the developing world required an active and time consuming search for information. Conversely, growing up in generations Y / Z, with globalized news coverage and internet access, not knowing about the existence of extreme poverty requires willful ignorance.

There are many self-interested reasons for wanting to  promote sustainable human development and end poverty, including: stopping violent extremism, stemming the “offshoring” of jobs to lower income countries through economic convergence, and creating new markets for sustainable trade-based growth (the Great Recession was a perfect example of the unsustainability of relying too heavily on financial innovations for growth).

But universal awareness will also play a large role in ending poverty (much like the first step to finding a solution is admitting there is a problem). The “silent majority” of the global community believes in basic rights and human dignity for all. It is in the long run interests of the global community, and resonates with mankind’s central tenets as ethical, social beings. Ultimately, it is this awareness which will galvanize the global effort to end poverty.

The Post 2015 Development Agenda is an important element of the fight to end poverty, as it will help direct trillions of dollars of public and private development resources over the next 15 years. Building on the successes (and learning from the shortcomings) of the Millennium Development Goals (MDGs), the Post 2015 Development Agenda is being drafted in an inclusive and consultary manner. Incorporating input from the very people it is intended to help, the agenda recognizes the importance of civil / political rights, good governance, multi-sectoral accountability, and self-determination in ending poverty. With human rights and empowering the world’s most vulnerable people at its core, the Post 2015 Development Agenda is poised to make great strides in poverty eradication.

As the world continues to get “smaller” and more interconnected, the costs of environmental degradation, human rights abuses (in relation to terrorism and protracted social conflict / genocide), and economic inequality will more acutely impact not only to the world’s most vulnerable, but also people in first-world countries (who have historically have considered themselves largely immune to such issues).

While it will not be easy, ours is the generation that must make meaningful strides towards ending poverty and promoting sustainable human development in the worlds least developed countries (LDCs). Failure to do so would gravely affect us all, and this (now) common knowledge is (slowly) creating unstoppable momentum towards positive, sustainable change.


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Transparency Report: The Decline of American Populism Has Been Self-Inflicted

turnout chart

Original Article:

People who feel financially secure vote, people who aren’t secure don’t, according to a Pew Research Center report released this morning. And because financially insecure Americans disproportionately identify with the Democratic Party, Democrats face a structural disadvantage, especially in mid-term elections. In 2014, fully 94% of the most financially secure Americans were registered to vote, compared to only 54% of the least secure; 63% of the most secure were likely voters, versus only 20% of the least secure.

Not surprisingly, financial security is correlated with political knowledge and activism. The most secure Americans are more than twice as likely to know basic facts about the political system, and three times as likely to have contacted an elected official during the past two years.

40% of all Americans think that government does a better job than people give it credit for compared to 56% who believe that it is almost always wasteful and inefficient. Among the least financially secure Americans who would seem to have the most to gain from effective public programs, only 48% adopt the more affirmative stance, while 49% focus on waste and inefficiency. Government’s poor reputation is one of the many obstacles impeding political mobilization along economic lines.

One can only hope that elected officials will focus on this disparity more than they have in recent years. But as the report shows, the people who most need a hand up are those least likely to vote and to make their views known to elected officials. Unless average Americans feel secure enough to afford generosity, leaders who focus on the problems of those at the bottom are likely to reap meager electoral rewards.

People have many excuses for not participating in the political process. The rise of “Super-PACs” / money in politics makes many people feel they have no voice compared to wealthy interests. Gerrymandering can take the “punch” out of an individual’s vote. Whatever the reason, too many people in this country simply feel their vote does not matter, that the “costs” of voting outweigh the benefits (notably this feeling seems to coalesce at the bottom of the economic ladder).

Just 36.4% of eligible voters turned out for the 2014 midterm elections, the lowest level since WWII.  But passive-aggressive resistance (abstaining from voting) is a counter-productive form of protest. Not voting will not make the political system go away, nor will it lead to meaningful changes in the political process. To paraphrase Thomas Picketty’s “Capital in the 21st Century“, everyone should be active participants in the democratic process; the wealthy never fail to promote their interests.

Reducing inequalities requires an active, informed citizenry. To this end, I have identified a few reforms which could have a meaningful impact on voter turnout among the financially insecure (aside from campaign finance reform measures):

1) Make National Election Day a national holiday:

Senator Bernie Sanders (I, VT.) wants to make national election days national holidays. While this is a sentiment I support, and one that should increase overall voter turnout rates, it may not directly address the issue of increasing turnout among the financially insecure.

Most of the poorest people in America are hourly wage earners. Therefore, making election day a federal holiday would not necessarily lead to higher turnout amongst the poor. In fact, since wage earners typically earn “time and a half” for working holidays, making election day a federal holiday could actually create an perverse incentive, keeping hourly wage earners away from the polls.

Perhaps in addition to making election day a national holiday, the government should consider providing businesses with tax credits in exchange for offering hourly wage employees paid leave on election day?

2) Include a political science / economics class as a required part of the high school curriculum:

I understand the federal government generally tries to stay out of educational curriculum issues, which are developed at the state level. But to me, this area seems like it should be an exception to that rule.

A primary goal of schooling is to help children develop into well rounded, successful adults. But regardless of what someone ends up doing for a living, every American citizen has a civic responsibility to be an active, informed voter. We cannot demand every American be a political buff, but we can and should empower every American citizen to make an informed decision at the polls.

Educating young adults about the functions of the different levels (municipal, state, federal) and branches (executive, legislative, judicial) of government, and the basics of economics, economic policy, personal finance, and taxation would go a long way towards producing informed voters.

A bipartisan committee could draft the curriculum, to ensure it is even-handed.

3) Remote Voting via the internet:

Assuming we can ensure security (and I see no reason why we would not be able to), it seems obvious to me that advances in ICTs should translate into greater ease of voting. Voters should be able to register and vote online, ensuring those who are strapped for time–a limited resource regardless of ones level of income / wealth–can vote.

Online voting would require registration based on SSN, allowing one vote per registered voter. Registration would have to take place ahead of time, to provide ample time to verify age, residency, and any other eligibility requirements.

Update: According to PolitifactAt least 20 states currently offer online voter registration for new applicants and a few more are in the works…Experts who study online registration say there have been no reports of actual security breaches or fraud. If designed in a way to account for security, online registration reduces opportunities for fraud and errors.

While this is a promising start, I am advocating for online registration and voting in all 50 states.

Voting is a voluntary activity. In order to increase voter turnout, we have to consider why people do things voluntarily.

Reducing the perceived “opportunity costs” of voting, both foregone wages and the time it takes to vote, is one side of the equation. Convincing people voting is in their best interests by teaching them the basics of political economy (and consequently explaining why the political system may have failed to promote their interest in the past), would increase the perceived benefits of voting.

Perhaps the financially insecure are not as “rational” as I am making them out to be. There is a strong argument that people who live in poverty do not act “rationally” (in the economic sense of long-run “utility” maximization). It may not be enough for voting to be in a financially insecure person’s “best interest”; to increase voter turnout amongst the poor, voting must be made a “no-brainer”.

Politicians come in all shapes, sizes, and ideologies. Some are progressive, some are conservative. Some serve “the people”, while other are beholden to special interests.

One thing that is consistent among all politicians is their desire to be (re)elected. It is the responsibility of voters to make a populist agenda (by whatever name it goes by), a (re)electable platform.


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Transparency Report: Reconciling The Micro and Macro Narratives on Police Reform

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https://i0.wp.com/thespeaker.co/wp-content/uploads/2014/12/ScreenHunter_1802-Dec.-08-17.59.jpg

Original article:

Statistically, New York police shoot more often at blacks than at whites–by about 700 percent. But, statistically blacks are armed and shoot at police more often than whites–by over 700 percent, according to national statistics and the NYPD’s annual firearms discharge report.

Recently, former New York City mayor Rudy Giuliani commented on the recent police shooting deaths in New York and referenced the statistic that, “Ninety-three percent of blacks in America are killed by other blacks. We’re talking about the exception here.”

In the past 15 years, NYPD shootings have resulted in 179 deaths. In other words, 179 people were killed by police while on duty out of 75 million calls.

“Again statistically speaking this is not a significant number,” commented [John Jay Criminal Justice Professor Dr. Maria Maki] Haberfeld, “given the fact that many of these shootings were justified because the people who were shot were armed and dangerous.”

Statistically. the main killer of blacks when it comes to violent deaths is other blacks. US-wide, around 8,000 blacks were killed every year between 1976 and 2011, and 94 percent of those were killed by other blacks. Of those 8,000 around 2.8 percent were killed by police.

“The overwhelming majority of black victims are killed by black perpetrators and NOT the police,” noted Haberfeld.

Haberfeld stated that she did not feel that numbers would provide the whole picture, however.

“In general, I believe that police work cannot be simply understood by the analysis of sheer numbers.”

I think this is an instance of two sides shouting past each other, instead of engaging in meaningful dialogue. I cannot say I am surprised, not only is criminal justice reform is an emotional issue, talking past your opponent has become the norm in modern public discourse.

Most officers do the right thing–they are hard working, fair, and just. But those who are not tarnish the badge, undermine efforts to build trust between police and society, and ultimately make an inherently dangerous job even more dangerous–they must be held accountable.

When Dr. Haberfeld callously appeals to the “statistical insignificance” of NYPD shootings, she is missing her own point. “Police work cannot be simply understood by the analysis of sheer numbers”, and neither can police homicide rates–these numbers represent peoples lives.

If even one innocent person is killed by someone whose job description is “to serve and protect”, and that person walks away with impunity, this should be unacceptable to anybody who believes in the notions of justice and rule of law.

I believe most people simply want officers held to the same standards as the law abiding citizens they serve, particularly when it comes to violent crimes. When a police officer commits a violent crime, it would be in everyone’s best interest (except the officer who committed the crime) for that officer to be held accountable. As I said in my last post, officers should not be above or below the law, but equal to ordinary people.

However, by definition society holds all people to a higher standard than violent criminals, and police officers should be no exception. When Rudy Giuliani says something to the effect of “what about all the black on black crime?”, he is making a false equivalence. We do not have to choose between reducing minority crime rates and reforming the criminal justice system (in fact, these issues are often closely related)–it is not an either / or situation.

Yes most homicides of black men are “black on black”. It is not that NYC or America is not addressing the socioeconomic and cultural underpinnings of minority crime. It is that these issues are multifaceted, affected both by policies at different levels of government and by people who are often at odds about how to achieve progress (not to mention spoilers who purposefully undermine progressive policy in order to maintain the status-quo for personal benefit).

It is simply much easier to enact change in the criminal justice system than throughout society as a whole. The former is comprised of a number of small, organized institutions that must adhere to changes mandated by overseeing bodies, while the latter numbers in the hundreds of millions and is as variable as free will itself.

Two reforms, special prosecutors for grand jury proceedings police officers, and lapel cameras, could lead to meaningful improvements in the criminal justice system with marginal investments. Lapel cameras would vindicate the use of necessary force, while providing an important piece of evidence for holding “bad” cops accountable (just because the Eric Garner video did not lead to an indictment does not mean lapel cameras are not an important piece of the criminal justice reform puzzle).

Reconciliation begins with the extension of an olive branch. It is up to police departments to extend this olive branch by deliberating in good faith with community leaders about how to build trust between officers and the communities they serve. The first move falls on police departments, because they are more organized and disciplined than their opposition.

Once this branch (or branches, as it must happen around the country at the municipal level) is extended, it is up to community leaders to rise to the occasion, and take the risk of pursuing reasonable reform rather than making absurd demands / publicly demonizing police officers (and vice-versa).

There is enough blame to go around for the criminal justice reform movement to grind to a halt, resulting in a status-quo that is increasingly dangerous for both police officers and the minority communities they serve.

There is also a vast swath of middle ground between police departments and community leaders–if only we can learn to deliberate instead of shouting past one another. 


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Transparency Report: Not All Regulations are Equal, Not All Compromise is Good

A recent New York Times poll on the achievability of “The American Dream” produced some concerning yet unsurprising results:

Notwithstanding the bleaker view of upward mobility, the majority of those polled said they were more concerned about the possibility that too much regulation in Washington could stymie the economy than they were about the prospect of inequality. Fifty-four percent of respondents said that “over-regulation that may interfere with economic growth” was a bigger problem than “too little regulation that may create an unequal distribution of wealth.” Only 38 percent said that too little regulation posed a bigger problem.

That answer was particularly noteworthy given the persistent concerns among economists and politicians from both parties about a growing gap between the wealthiest Americans and the middle class.

Still, almost six years after the height of the financial crisis, Americans’ wariness about the banking industry that was at its center remains. Only 4 percent of respondents said they had “a lot” of confidence “in Wall Street bankers and brokers,” though 31 percent said they had “some” confidence in Wall Street. Nonetheless, 44 percent said they trusted their own bank “a lot,” and 37 percent said they trusted their banks “some.”

My question is, if not the federal government, who can regulate Wall St?

Recently attention has focused on the Federal Reserve Bank of NY, which plays an outsized roll in financial regulation as NYC is the world’s largest financial hub. However, the NY Fed’s role in financial regulation is complementary to federal regulation–it is not a substitute. 

People may not be enamored with federal financial regulation, but the answer is more regulatory power, not rolling back key provisions of the already insufficient Dodd-Frank Act.

These reported beliefs on government regulation are not surprising (to me) because the rationale behind them is clearly explained by Matt Taibbi in his book “Griftopia” (which he discusses in an interview on Wall St. Cheat-sheet):

Basically, government regulation is the kind of stuff a lot of them see on a day-to-day basis, but in a different form. If they’re a hardware store owner, they see a local health inspector or an ADA inspector coming by to make sure they’re in compliance with something. These are all little annoyances and costs that they see when they interact with government. Unfortunately, that’s what they think financial regulation is. They don’t get that it’s a completely different ball game when you’re talking about JP Morgan Chase (JPM), Goldman Sachs (GS), and that level of power requiring oversight.

This is how the GOP sells its agenda to the average Americans (aside from exploiting social rifts, which can only go so far): anything provided by the public sector (regulation, welfare programs) is ineffective and holds back growth, therefore the path to prosperity lies in deregulation and slashing the social safety net.

Over-regulation may be a problem for regular Americans at the local level. But federal under-regulation of the financial sector, environmental concerns, and campaign finance, threaten our economic stability, future, and democratic processes respectively (these also happen to be the areas where Republicans are rolling back regulations in the current government spending bill).

But the way the GOP is pushing its deregulation agenda is almost as reprehensible as the socioeconomic consequences. The environmental issue is divisive, but there is a broad consensus among Americans in favor of tighter financial regulation and campaign finance reform.

No Congressman or woman campaigned on financial deregulation or easing campaign finance restrictions, as such an agenda would never be popular enough to get someone elected. But the GOP has essentially tied the ability to run the country to these very issues.

Compromise should be measured not only quantitatively (how often did congress compromise) but also qualitatively (what did congress compromises on). While there certainly needs to be more bipartisan cooperation in Washington, there also needs to be red-lines.