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.