B.A., University of South Florida
J.D., Harvard University
Robert Ashford is Professor of Law at Syracuse University,
College of Law. His subjects include Binary Economics, Business
Associations, Public Corporations, Professional
Responsibility and Securities Regulation. He holds a J.D.
with honors from Harvard Law School, and a B.A. with majors
in physics and English literature, graduating first in his
class at the University of South Florida. He was a Woodrow
Wilson Fellow at Stanford University where he studied
English literature and creative writing. His book
Binary Economics: the New Paradigm,
(1999) with Rodney Shakespeare, is available from the
University Press of America.
Professor Ashford is the founder and principal organizer of
the Section on Socio-Economics of the Association of
American Law Schools
and a member of the Editorial Board of the Journal of
Socio-Economics, the academic honor societies of Phi Kappa
Phi and Sigma Pi Sigma (physics), and the American Law
Institute.
Professor Ashford has authored and co-authored articles,
book chapters and monographs on various subjects including
banking, binary economics, evidence, implied liability under
federal law, professional responsibility, public utility
regulation, socio-economics, securities regulation, and tax
law. His publications include: “What is Socio-Economics,” 41
San Diego Law Review 5 (2004) (Published as an introductory
article in a Symposium edition entitled “Teaching Law and
Socioeconomics”); “Socio-Economics and Professional
Respsonsibilities in Teaching Law-Related Economic Issues,
41 San Diego Law Review 133 (2004) (Published in a
Symposium edition entitled “Teaching Law and
Socioeconomics”); “The Socio-Economic Foundation of Corporate Law
and Corporate Social Responsibility” 76 Tulane Law Review
1187 (2002); “Binary Economics, Fiduciary Duties and
Corporate Social Responsibility: Comprehending Corporate
Wealth Maximization for Stockholders, Stakeholders, and
Society,” 76 Tulane Law Review 1531 (2002); "A New Market
Paradigm for Sustainable Growth: Financing Broader Capital
Ownership with Louis Kelso's Binary Economics,” Volume XIV,
Praxis, The Fletcher Journal of Development Studies, pp.
25-59 (1998); "Socio-Economics: What Is Its Place in Law
Practice?" Volume 1997 Wisconsin Law Review 611 (1997);
"Louis Kelso's Binary Economy," Volume 25 Journal of
Socio-Economics pp. 1-53 (1996) (available on westlaw.com in
its jjsocecon data base), “The Binary Economics of Louis
Kelso: A Democratic Private Property System for Growth and
Justice,” Chapter 6 in Curing World Poverty: The New Role of
Property, (1994), John H. Miller, C.S.C., S.T.D., editor;
Banking Law, Volume 5 Banks and Securities Regulation
Supplement, Matthew Bender (1993), “The Binary Economics
Louis Kelso: The Promise of Universal Capitalism,” 22
Rutgers Law Journal 3 (1990) (available on www-camlaw.rutgers.edu/publications/lawjournal/ashford.htm);
“Take What You Have Gathered From Coincidence: The
Importance of Uncertainly Analysis in Legal Inference and
Probability.” 66 Boston University Law Review 943 (1986);
“Implied Causes of Action Under Federal Laws: Calling the
Court Back to Borak,” Northwestern University Law Review 227
(1984); “Evaluating the Potential Use of a Consumer Stock
Ownership Plan for Financing the Capital Requirements of
Public Utilities,” Proceedings of fourth NARUC Biennial
Regulatory Information Conference, The Ohio State University
(1984); “Negligence v. Strict Liability: The Workers
Compensation Example,” 12 Seton Hall Law Review 725 (1982)
(co-authored with William G. Johnson); “Presumptions,
Assumptions and Due Process in Criminal Cases: A Theoretical
Overview.” 79 Yale Law Journal 165 (1969) (co-authored with
D.M. Risinger).
Professor Ashford's current research interests include the
relationship between socio-economic principles and the
professional responsibilities of lawyers; the fiduciary duty
of inquiry in a market economy; the history of law and
economics; Federal Reserve monetary policy; Christianity and
economics, and binary economics.
Professor Ashford began law practice in the tax department
of Morrison & Foerster in San Francisco. Later he joined
Louis Kelso in forming the law firm of Kelso, Hunt, Ashford
and Ludwig, and the investment banking firm Kelso and
Company where he served as Chief Operating Officer and
General Counsel. His law practice included tax, corporate
law, securities regulation, and appellate litigation. While
in private practice, he was elected President of the
Barristers Club of San Francisco (1973) and a Director of
the Bar Association of San Francisco (1978).
"Binary Economics and the Case for
Broader Ownership" (An
earlier version of this article was presented to The Seventh
International Post-Keynesian Workshop, June 30 - July 2,
2002, University of Missouri, Kansas City.)
About the Author
Robert Ashford is Professor of Law at Syracuse
University. Rodney Shakespeare is a Barrister in London.
Product Description:
Binary Economics presents a new paradigm which founds a
practical new economics and a unifying new politics that
enable people to understand and realize their essential
rights and responsibilities in a market economy. This
paradigm recognizes that capital has a potent productive
and distributive relationship to growth, and by
democratically extending the efficient means to acquire
capital to all people using the earnings of capital on
market principles, binary economics offers many
important benefits beyond those provided by conventional
economics. The authors present this concept as new hope
for solving seemingly intractable problems of economic
efficiency, distribution, and justice not solved by
conventional economic theories and practices, while
enabling people to understand and realize their
essential rights and responsibilities in a market
economy. The binary paradigm allows cooperation with
governments to make modest reforms to existing capital
markets so that all people can acquire capital using the
earnings of capital and offering the market foundation
for many important benefits, including substantial,
sustainable growth; more equal opportunity and social
justice; increased earning power for the poor, working
and middle class people; a greener environment;
individual autonomy; strong families and communities;
strengthened democracy; and voluntary control of
population levels.--This
text refers to the
Paperback
edition.