Community Development Innovation Review

August 2009
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Could “Small Is Beautiful” Replace “Too Big to Fail?”

Author(s):

I encourage you to read “The Quiet Coup,” by Simon Johnson in the May 2009 issue of The Atlantic. Johnson is a former chief economist of the International Monetary Fund. Specifically, focus on the final section of the article, “The Way Out.” I was struck by Johnson’s discussion of the inherent problems of large-scale banks.

Download the article (pdf, 177.12 kb)

Other articles in this issue

Mission Insurance: How to Structure a Social Enterprise So Its Social and Environmental Goals Survive into the Future

Exploring the Continuum of Social and Financial Returns: When Does a Nonprofit Become a Social Enterprise?

Using High-Transparency Banks to Reconnect Money and Meaning

Impact Investing: Harnessing Capital Markets to Solve Problems at Scale

Increasing Access to Capital: Could Better Measurement of Social and Environmental Outcomes Entice More Institutional Investment Capital into Underserved Communities?

NCIF Social Performance Metrics: Increasing the Flow of Investments in Distressed Neighborhoods through Community Development Banking Institutions

Reject the Reset!

Rethink Charity

Local Stock Exchanges and National Stimulus

At the Crossroads Where Economic Development, Job Creation and Workforce Development Intersect

Value