John B. Fullerton

Last updated
John B. Fullerton
NationalityAmerican
Alma mater University of Michigan College of Literature, Science, and the Arts
New York University Stern School of Business

John B. Fullerton is an American economist, investor, and author of the 2015 booklet, Regenerative Capitalism: How Universal Patterns and Principles Will Shape the New Economy.

Contents

Biography

Fullerton began his financial career with JPMorgan. [1]  Following his retirement from JP Morgan, he experienced the September 11 attacks. In 2010, he created the Capital Institute, which attempts to reimagine economics and finance in service to life. 

During his Wall Street career, John managed numerous capital markets and derivatives businesses around the globe, and was JPMorgan’s Oversight Committee Representative that managed the rescue of Long Term Capital Management in 1998, and finally was Chief Investment Officer for Lab Morgan before retiring from the firm. An impact investor, John is the co-founder and Chairman of New Day Enterprises, PBC, the co-founder of Grasslands, LLC, [2] and a board member of First Crop, and the Savory Institute. He is an advisor to numerous sustainability initiatives, and is a member of the Club of Rome. John speaks internationally to public audiences and universities, and writes a monthly blog, The Future of Finance, syndicated on The Guardian, [3] The Huffington Post, [4] CSRWire, [5] the New York Society of Security Analysts’ blog, [6] and other publications. He has appeared on PBS Frontline, [7] and been featured in pieces by the New York Times, [8] Bloomberg, Wall Street Journal, [9] Barrons, [10] WOR radio, Real News Network, INET, Think Progress, The Laura Flanders Show on GRITtv, [11] and The Free Forum Show with Terrence NcNally.

Early life

Fullerton received a BA in Economics from the University of Michigan, and an MBA from the Stern School of Business at New York University. [12]

Publications

Related Research Articles

<span class="mw-page-title-main">Capitalism</span> Economic system based on private ownership

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets.

<span class="mw-page-title-main">Natural capital</span> Worlds stock of natural resources

Natural capital is the world's stock of natural resources, which includes geology, soils, air, water and all living organisms. Some natural capital assets provide people with free goods and services, often called ecosystem services. All of these underpin our economy and society, and thus make human life possible.

<span class="mw-page-title-main">Market economy</span> Type of economic system

A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production.

This aims to be a complete article list of economics topics:

Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, FICC services or research. Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket, Middle Market, and boutique market.

<span class="mw-page-title-main">JPMorgan Chase</span> American multinational financial services conglomerate

JPMorgan Chase & Co. is an American multinational financial services company headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States and the world's largest bank by market capitalization. As the largest of the Big Four banks, the firm is considered systemically important by the Financial Stability Board. Its size and scale has led to enhanced regulatory oversight as well as the maintenance of an internal "Fortress Balance Sheet" of capital reserves. The firm is headquartered on 383 Madison Avenue in Midtown Manhattan and is set to move into the under-construction JPMorgan Chase Building in 2025.

<span class="mw-page-title-main">Bear Stearns</span> American investment bank

The Bear Stearns Companies, Inc. was a New York City-based global investment bank, securities trading, and brokerage firm that failed in 2008 as part of the global financial crisis and recession, and was subsequently sold to JPMorgan Chase. The company's main business areas before its failure were capital markets, investment banking, wealth management, and global clearing services, and it was heavily involved in the subprime mortgage crisis.

A green economy is an economy that aims at reducing environmental risks and ecological scarcities, and that aims for sustainable development without degrading the environment. It is closely related with ecological economics, but has a more politically applied focus. The 2011 UNEP Green Economy Report argues "that to be green, an economy must not only be efficient, but also fair. Fairness implies recognizing global and country level equity dimensions, particularly in assuring a Just Transition to an economy that is low-carbon, resource efficient, and socially inclusive."

<span class="mw-page-title-main">New Economics Foundation</span> British ecological economics think tank

The New Economics Foundation (NEF) is a British think-tank that promotes "social, economic and environmental justice".

<span class="mw-page-title-main">BlackRock</span> American multinational investment management corporation

BlackRock, Inc., is an American multi-national investment company based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of January 2022. BlackRock operates globally with 70 offices in 30 countries, and clients in 100 countries. Along with Vanguard and State Street, BlackRock is considered to be one of the Big Three index fund managers that dominate America.

<span class="mw-page-title-main">Business action on climate change</span>

Business action on climate change includes a range of activities relating to climate change, and to influencing political decisions on climate change-related regulation, such as the Kyoto Protocol. Major multinationals have played and to some extent continue to play a significant role in the politics of climate change, especially in the United States, through lobbying of government and funding of climate change deniers. Business also plays a key role in the mitigation of climate change, through decisions to invest in researching and implementing new energy technologies and energy efficiency measures.

<span class="mw-page-title-main">Jacob A. Frenkel</span> Israeli economist

Jacob Aharon Frenkel is an Israeli economist and the Chairman of JPMorgan Chase International. He served as Governor of the Bank of Israel between 1991 and 2000.

<span class="mw-page-title-main">Hyman Minsky</span> American economist

Hyman Philip Minsky was an American economist, a professor of economics at Washington University in St. Louis, and a distinguished scholar at the Levy Economics Institute of Bard College. His research attempted to provide an understanding and explanation of the characteristics of financial crises, which he attributed to swings in a potentially fragile financial system. Minsky is sometimes described as a post-Keynesian economist because, in the Keynesian tradition, he supported some government intervention in financial markets, opposed some of the financial deregulation of the 1980s, stressed the importance of the Federal Reserve as a lender of last resort and argued against the over-accumulation of private debt in the financial markets.

<i>Monopoly Capital</i> 1966 book by Paul Sweezy and Paul A. Baran

Monopoly Capital: An Essay on the American Economic and Social Order is a 1966 book by the Marxian economists Paul Sweezy and Paul A. Baran. It was published by Monthly Review Press. It made a major contribution to Marxian theory by shifting attention from the assumption of a competitive economy to the monopolistic economy associated with the giant corporations that dominate the modern accumulation process. Their work played a leading role in the intellectual development of the New Left in the 1960s and 1970s. As a review in the American Economic Review stated, it represented "the first serious attempt to extend Marx’s model of competitive capitalism to the new conditions of monopoly capitalism." It attracted renewed attention following the Great Recession.

<span class="mw-page-title-main">Hunter Lewis</span> American economist

Hunter Lewis is the co-founder of Cambridge Associates LLC, a global investment firm, and author of books in the fields of economics and moral philosophy.

Erika Karp is an American entrepreneur, businesswoman and investment advisor as well as a writer and speaker on issues related to sustainable finance. She is the Founder and chief executive officer of Cornerstone Capital Inc., an investment firm. Acknowledged as a veteran executive on Wall Street, Karp is an advocate for greater corporate transparency, inclusion of environmental, social and governance (ESG) data in investment analysis, and the creation of a more sustainable form of capitalism through disciplined investment practices.

<span class="mw-page-title-main">New Economy Coalition</span>

The New Economy Coalition (NEC) is an American nonprofit organization based in Boston, Massachusetts, formerly known as the New Economics Institute. It is a network of over 200 organizations based in the US and Canada working for "a future where people, communities, and ecosystems thrive...where capital is a tool of the people, not the other way around." as part of what it describes as the New Economy movement.

The Schumacher Center for a New Economics is a tax exempt nonprofit organization based in Great Barrington, Massachusetts.

Jane Buchan is the Chief Executive Officer of Martlet Asset Management, LLC.

Michele Giddens OBE is a leading figure in the social impact investment movement in the UK. She is chair of the UK National Advisory Board for Impact Investing. and co-founded Bridges Fund Management, a specialist sustainable and impact investment firm, alongside Philip Newborough and Sir Ronald Cohen, often described as "the father of British venture capital".

References

  1. "John Fullerton". Yale Center for Business and the Environment. Retrieved 2023-04-05.
  2. "Grasslands, LLC". Archived from the original on 3 January 2014. Retrieved 7 January 2014.
  3. Fullerton, John. "Sustainable Business Blog". The Guardian. Retrieved 7 January 2014.
  4. Fullerton, John. "The Blog". The Huffington Post.
  5. Fullerton, John. "Talkback Blog". CSRWire. Retrieved 7 January 2014.
  6. Fullerton, John. "The Finance Professionals' Post". New York Society of Security Analysts. Retrieved 7 January 2014.
  7. "Frontline". PBS. 24 April 2012. Retrieved 7 January 2014.
  8. "An Effort to Add a Key Ingredient to the Slow Food Movement: Investor Money". New York Times. 2 May 2013. Retrieved 7 January 2014.
  9. "'Sustainable' Investment Firm Has Its Work Cut Out". Wall Street Journal. 30 January 2013. Retrieved 7 January 2014.
  10. "The Financial Returns of Grass". Barrons. 10 July 2013. Retrieved 7 January 2014.
  11. "John Fullerton on College Investment Funds: Are Fossil Fuels the New Slavery?". GRITtv. 3 December 2013. Retrieved 7 January 2014.
  12. "John Fullerton". Yale Center for Business and the Environment. Retrieved 19 January 2023.