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Marc Lane's Take On Impact Investing Trends
Monday, March 9, 2015
The highly prolific Marc J. Lane, a Chicago-based attorney and active advocate for social entrepreneurship and impact investing, just published The Mission Driven Venture: Business Solutions to the World’s Most Vexing Problems, his 35th book. I recently talked to him about his take on important trends in impact investing: Anne Field: What is your
Return power of the vote where it belongs: With voters
Tuesday, March 3, 2015
kristin_a via Flickr Nearly 80 percent of Chicago's voters supported a citywide advisory referendum on the Feb. 24 ballot that would reduce the influence of special-interest money in city–and state–elections by financing campaigns using small contributions from individuals and a limited amount of public money. It's been widely reported that
Attention to Climate Change is About Justice and Economics
Thursday, January 22, 2015
Climate change, mostly the result of carbon pollution, threatens the health of the nation's—and Chicago's—residents. Ground-level ozone, particle pollution, pollen concentrations, infectious diseases, asthma and other respiratory illnesses, heavy rainfall and flooding, and extreme-heat events all are on the rise. The city's children, elderly,
Keep Ex-Im Bank alive--and keep Illinois biz thriving
Wednesday, November 19, 2014
The decision by Republican leaders in the U.S. House to reauthorize the federal Export-Import Bank's charter only until June, leaving the institution in limbo until another vote is taken, spells big trouble for Illinois exporters, large and small. Since 1934 the bank has created and sustained U.S. jobs and reduced trade deficits by financing and insuring
Illinois has 1,431 townships. It's time to get rid of all of them.
Tuesday, September 30, 2014
Pete Zarria/Flickr Illinois' 1848 Constitution gave voters in each county the right to organize townships for the “management of the fiscal concerns of the county.” The framers' decision for our then-30-year-old, largely agrarian state was a no-brainer: As the most local of local governments, townships would be directly accountable to
It's 'The People's Pier,' but Navy Pier Isn't Run That Way
Wednesday, August 13, 2014
Navy Pier, Chicago's No. 1 tourist attraction, has a storied history. Over its 100-year life, it's been a commercial shipping destination, a Navy training center, a University of Illinois campus, a convention site and, most recently, a lakefront entertainment complex. But today not all of Navy Pier's stories are being told. Three years ago, the
Illinois Court Decision Helps Keep 'Public' in Public Records
Thursday, June 19, 2014
When Illinois' county-based prosecutors, charged with the twin responsibilities of protecting the public and defending the rights of victims, join forces to push back against government transparency, someone needs to cry foul and a higher authority needs to set them straight. That's exactly what happened last month in the case of Nelson v. Kendall County,
Illinois' Green Energy Law Needs a Rewrite
Tuesday, May 6, 2014
Gov. Pat Quinn has proudly proclaimed that Illinois is the first in the nation in renewable energy use and, while the state has unquestionably earned its bragging rights, policymakers need to do more to ensure that our clean energy sector remains strong. First, the good news: According to a report by the Environmental Law and Policy Center and other
Emerging Legal Forms Allow Social Entrepreneurs to Blend Mission and Profits
Tuesday, March 11, 2014
Social entrepreneurs throughout the nation are preparing to gather for this year’s Social Enterprise Alliance Summit 2014. Many are learning that their choice of legal entity can make a big difference for them—in funding, governance, and signaling—as they seek to drive positive social change. The two most popular legal forms, each designed
Withdrawing Illinois' Coal Subsidies is a Moral Imperative
Tuesday, February 25, 2014
If Illinois' “King Coal” is deposed as many predict, his subjects should herald the peaceful revolution. The economics of the state's coal economy have remained virtually unchanged since Francis Peabody founded Peabody Daniels & Co., now Peabody Energy Corp., at age 24 in 1883 and became fabulously wealthy buying coal from established mines
Instead of Tax Disclosure, Here's What Illinois Should Require of Businesses
Wednesday, December 18, 2013
After the Illinois Senate narrowly approved a well-intentioned, but misguided, bill last year to compel publicly traded companies headquartered in Illinois or selling products here to report their state income tax liability to the secretary of state who would then post that information online the measure went on to die in the House. If Illinois is to
A New Kind of Futures Contract for Illinois
Monday, October 7, 2013
The world's first social impact bond, or SIB, was introduced in 2010 to fund innovative social programs that realistically might reduce recidivism by ex-offenders in Peterborough, England, and, with it, the public costs of housing and feeding repeat offenders. Prudently building on the strengths of that initiative, Illinois Gov. Pat Quinn is rolling out
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