Economic Development

Economic activity is a crucial part of a healthy community, whether it’s access to quality jobs for residents, business support, or a functioning, diverse range of retail options.

Developing Economic, Along with Physical, Health

Sue Joss and Jason Barbosa might seem to be unlikely economic development partners. She is the veteran CEO of a major nonprofit health care...

A Gem for New Jersey Neighborhood Revitalization

'A dollar and a dream,' was the phrase I read in a brochure about the starting point for revitalizing neighborhoods through the Neighborhood Revitalization...

Response to Darren Walker’s New Gospel of Wealth

Ford Foundation President Darren Walker recently circulated a thought-provoking piece declaring the foundation’s commitment to tackling the worldwide problem of inequality. In the piece, Walker...

“Money Must Serve, Not Rule!”

In November 2013, Morgan Stanley launched its Institute for Sustainable Investing and announced that within five years it was aiming to manage $10 billion...

Capital Catch-up

Community lenders try to address the capital crunch faced by small businesses of color.

What Is Philanthropic Equity? A Roundtable Discussion

As we prepared this issue, the term "philanthropic equity" kept surfacing. What is this new concept in philanthropy, and how is it different from both traditional grantmaking and program-related investments? In December we gathered a group of people from foundations and nonprofit intermediaries to explore the concept, its promises and pitfalls.

Impact Investing Resources

If you want to explore impact investing further, here are some places to start.

Let’s Talk About Jobs—And Ownership

Community economic development is not just a matter of helping some households to get jobs and pay their bills. Done thoughtfully, it’s about . . .

The Next Boom for Worker Co-ops?

Baby boomers are the largest percentage of business owners, and they’re headed toward retirement. The worker cooperative movement wants to keep the jobs they’ve created from disappearing.

Can Community Wealth Building Redefine City Economic Development?

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A panoramic photograph of Austin, Texas.

More Bang for the Buck?

Austin, with prodding from advocates, pushes its economic development policy to go beyond big deal chasing.
Front of Wanda's Hair Salon in DC's Shaw neighborhood

Equitable Development in Shaw

A recent New York Times article on the revitalization of Washington, DC’s Shaw neighborhood highlighted how real estate developers have rebranded the area to...

The Governor’s Budget Non-strategy

It wouldn’t be surprising to see non-Californians still do a double-take when the title “Governor” is applied to former on-screen cyborg Arnold Schwarzenegger. It was...

New Jersey Divests from Payday Lending

Advocates in New Jersey mobilize to make a state pension fund put its money where its state regulations are.
Warehouse-style buildings.

For Cities, Industrial Land Matters

In a recent blog post, Tarry Hum, a professor of urban studies at Queens College, profiled the failure of the De Blasio administration to...

It’s Not Actually About Ownership

Private Property and Public Power: Eminent Domain in Philadelphia, by Debbie Becher. Oxford University Press, 2014. 334pp. $30.50 (paper) Purchase here.

“Women- and Minority-Owned Businesses” Is a Meaningless Category

How many times have you seen the phrase “women- and minority-owned businesses” or seen an organization list a single...
One pager begins with Q: Do Immigrants “Take Our Jobs”? A: No! This is a common fear, especially for people who are already struggling to get by. But it’s not true. Then it provides references to studies showing economic benefits to immigration. Image links to a pdf version.

Q: Do Immigrants “Take Our Jobs”?

A: No! This is a common fear, especially for people who are already struggling to get by. But it’s not true. Here are the facts:

Carrots, Sticks, and Economic Justice

Once upon a time, I saw the problem of providing responsible financial services as purely a policy problem. We...

Can The Silk City Forge Its Next Industrial Revolution?

New Jersey's Paterson is among the nation's oldest planned industrial cities, but it has fallen on hard times since the once-booming silk industry there declined in the latter half of the 20th century. Much of the industry in this city of 150,000 has since left, but now a geological attraction once envisioned by Alexander Hamilton as something that could be harnessed for industrial might, is fully protected, and could be channeled, this time, for its community-building potential.