In November 2009 in Philadelphia and again in June 2010 in Washington, DC, the Clarke Program co-sponsored two workshops organized by the Tobin Project on the potential contribution of behavioral and institutional research to financial regulation. In March 2010, the Clarke Program also organized, with support from the Japan Foundation Center for Global Partnership, a two-day workshop in New York City entitled "Techniques of Hope." These events brought together academics and practitioners, market participants and regulators.
New York Conference - March 25–26, 2010
Annelise Riles, Yuji Genda, and Hiro Miyazaki presents at the "Techniques of Hope" Conference in New York City on March 26, 2010.
This two-day event sought to define an expanded role for lawyers in financial markets reform. On the first day, an interdisciplinary panel of researchers convened for a seminar that brought together a wide array of academic approaches and new ways of thinking of market reform. The following day, practitioners, market participants and regulators joined in to reflect more specifically on the major role professionals and professionalism can play to stabilize markets and more broadly change the world.
Drawing on recent social science that demonstrates the importance of social and institutional relationships in market activity, the conference asked what financial lawyers, who occupy a strategic but surprisingly under-examined role in the day-to-day practice of financial markets—as advisors, translators, deal-makers, institution-builders, lobbyists, and more—can do to bring greater stability and confidence to the financial system.
The workshop brought together a range of professional and academic experts to discuss the interventions lawyers might make in the course of ordinary practice that collectively might contribute to a more hopeful future for the global economy. Participants thought about this question broadly, by bringing it into conversation with cutting-edge research from Japan and the United States on how hope is generated in other social and political contexts.
Ghassan Hage, Future Generation Professor of Anthropology and Social Theory, University of Melbourne.
"Hope and the Economy"
Using Law to Cultivate Hope: Legislation, Programmatic Initiatives, and Client Representation"
"Hoping Inside and Outside the Law"
"How Can Markets Be Reformed (and What Is Wrong With Existing Answers)?"and "Re-Tooling"
Kathryn Abrams, Herma Hill Kay Distinguished Professor of Law, Boalt Law School, University of California Berkeley.
"Some Unlikely Sources of Inspiration: Anti-Racism, Pro-Democracy, Cause-Lawyering Movements and Japanese Youth"
"What Role for Legal Tools?"