1
May 2002
Dear CBG faculty, fellows, staff and friends:
Okay, so the Bruins aren't going to win the Stanley
Cup, but how about the Celtics and the Sox -- and our Super Bowl
Champion Patriots!
Things are definitely looking up here in Cambridge:
Derek Lowe just pitched a no-hitter at Fenway for the first time
in 37 years, George Mitchell is our commencement speaker at KSG,
and we're hot off the MIT Press with a timely and useful analysis
of economic policy-making in the 1990s.
We at CBG have, along with so many others, been
deeply engaged in trying to add perspective and prescription to
a world desperately in need of sanity and wisdom. Ours is only
a modest contribution, but I'm proud to report that on several
fronts we seem to be picking up a head of steam and certainly
trying to make a difference. Here are ten concrete examples:
1. Last week, we hosted UN
Secretary-General Kofi Annan, as he delivered the annual
Godkin Lecture in the Forum before an enthusiastic standing room
only crowd that seemed to hang on his every word about the challenges
of governance and opportunity in Africa. The Secretary's visit
was made possible through the efforts of our own Prof.
John Ruggie, who had been Kofi Annan's deputy and principal
architect of the UN's innovative Global Compact.
2. Two weeks ago, a group of KSG
and Harvard Business School students collaborated to
bring together leaders from business, government and civil society
for a highly informative Dialogue on
Social Enterprise, which featured a number of CBG faculty
and a keynote address on corporate citizenship by
Orin Smith, the founder and CEO of Starbucks. Practitioners
and academics alike focused on best-practice public-private partnerships
and a variety of "double and triple bottom-line" companies
that are attempting to do well for shareholders and do good for
society.
3. This past weekend, a group of our Japanese
and Korean students took the initiative to engage in a spirited,
candid and constructive exploration of Korean-Japanese
relations that featured some extremely frank discussion
about a number of contentious issues. The dialogue then morphed
into a competitive Korea v. Japan soccer match and concluded with
a joint sushi supper -- as well as a commitment to keep in touch
and continue the conversation through the Internet after graduation
in June.
4. Tomorrow night, Prof.
Rob Stavins convenes the first
anniversary dinner of faculty fellows and doctoral students of
the Environmental Economics Program at Harvard University (EEPHU),
an umbrella for University-wide research, teaching and engagement
on a range of cutting-edge environmental issues, ranging from
the efficacy of the EPA's Toxic Release Inventory to global warming.
EEPHU helps to galvanize and harness the intellectual energies
of some 18 Harvard faculty who study the environment through the
analytical lens of economics. One of Harvard's better-known economists
-- Larry Summers -- will keynote our dinner discussion.
5. Speaking of presidents: one of CBG's fellows,
Rob Waldron, was recently appointed the new President and CEO
of Jumpstart, a promising young nonprofit institution
recently dubbed by Worth Magazine as a top 100 charity. For the
past eight years, Jumpstart has linked college students to preschool
age Head Start children as tutors, mentors and role models. Rob
was previously CEO of SCORE!, the second-largest after-school
tutoring company in the U.S., and will now take his entrepreneurial
savvy and success to this high-impact nonprofit initiative.
6. This weekend, the Kennedy School is conducting
a workshop on terrorism and homeland
defense that a number of CBG faculty will be addressing,
including Elaine Kamarck, John Ruggie, Marsh Carter and Robert
Lawrence. Many of us on Friday will also be playing the role of
Governor Tom Ridge as we
receive the policy analyses and action recommendations of MPP
students completing their Spring Exercise on the same topic; the
next day, the real Tom Ridge will be briefed by faculty and will
address the terrorism conference.
7. CBG goes to Washington mid-month, hosting leading
decision-makers and policy analysts as they explore the frontiers
of knowledge and practice in the field of regulatory
reform and market-like alternatives to traditional
command-and-control government oversight of health, safety and
the environment. Sponsored by CBG's Regulatory Policy Program,
this meeting will feature a speech by John
Graham, the director of the Office of Information and Regulatory
Affairs at the OMB and specific emphasis on the emerging
field of performance-based regulation, which seeks to internalize
within firms management measures that achieve desired public objectives
through cost-effective approaches.
8. Prof. Jeff Frankel
and Brookings Institutes' Senior Fellow Peter Orszag are out with
a really wonderful book that captures the insights of some 100
participants and 14 major papers presented and debated at a CBG
conference last summer on economic policy and performance during
the 1990s. While it weighs in at 3 pounds, 6 ounces (and that's
the soft-cover!) and is 1119 pages long, American
Economic Policy in the 1990s is chock-a-block full
of valuable analysis and timely perspective of what worked, what
didn't, and why during this remarkable decade. I can't recall
an intellectual project of this magnitude, importance and complexity
being completed and coming to market as quickly or being any more
relevant to decision-makers.
9. If anyone is looking to back a winner, here's
an opportunity you won't want to miss: Patience
Terry, a member of our CBG team for the past 15 years,
will be making her 17th Walk for Hunger
this spring, to help raise money for Project Bread. Over the years,
Patience has trudged more than 300 miles and raised more than
$26,500 in a wonderful display of caring and stamina. If you'd
like to lighten her burden by pledging a dollar or more a mile,
please make out your pledge to Project Bread and send it along
to CBG, with Patience Terry's name at the bottom.
10. And if you're compelled to want to get more
deeply involved, roll up your sleeves and help CBG make a difference
by joining us in an annual Day of Community
Service on May 17. This is an initiative that IOP Director
David Pryor and I started last year, in conjunction with CityYear,
a fabulously impressive nonprofit that was originally incubated
here at CBG and that I had the privilege of giving corporate financial
support to at a critical time back in the late 1980s. I encourage
all of our friends -- faculty, fellows, staff and outside associates
-- to join us as we get dirty, work hard, have some fun and give
back.
So that's a quick top ten from CBG. In
the interim: my very best wishes and genuine thanks for your participation,
interest and involvement at CBG.