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Binary Economics with Professor Robert Ashford

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Uploaded by on Mar 2, 2008

Starts with a few minutes of a building that is worth millions and millions of dollars, thus illustrating the material of

Robert Ashford 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:

1. "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")

2. "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")

3. "The Socio-Economic Foundation of Corporate Law and Corporate Social Responsibility" 76 Tulane Law Review 1187 (2002) (lead article in a Symposium edition entitled "Socio-Economics and the New Corporate Social Responsibility," which was based on my foundational scholarship.

4. "Binary Economics, Fiduciary Duties and Corporate Social Responsibility: Comprehending Corporate Wealth Maximization for Stockholders, Stakeholders, and Society," 76 Tulane Law Review 1531 (2002);

5. Binary Economics: The New Paradigm (1999), co-authored with Rodney Shakespeare.

6. 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)

7. Socio-Economics: What Is Its Place in Law Practice?" Volume 1997 Wisconsin Law Review 611 (1997)

8. "Louis Kelso's Binary Economy," Volume 25 Journal of Socio-Economics pp. 1-53 (1996) (available on westlaw.com in its jjsocecon data base)

9. "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

10. "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)

11. Banking Law, Volume 5 Banks and Securities Regulation Supplement, Matthew Bender (1993)

12. "Residential Property Used for Business and Vacation Home," Chapter 9, CCH Federal Tax Service (1989)

13. "Take What You Have Gathered From Coincidence: The Importance of Uncertainty Analysis in Legal Inference and Probability," 66 Boston University Law Review 943 (1986)

14. "Implied Causes of Action Under Federal Laws: Calling the Court Back to Borak," Northwestern University Law Review 227 (1984)

15. "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)

16. "Negligence v. Strict Liability: The Workers Compensation Example," 12 Seton Hall Law Review 725 (1982) (co-authored with William G. Johnson)

17. Report to the Ozarks Regional Commission, Department of Commerce, and the Governor of the State of Louisiana on Increasing Economic Development Activity through the Broadening of Capital Ownership: A six-month study of the laws, institutions, policies, public and private, in Louisiana areas including baking, insurance, industrial inducement bonding, taxation, public utilities and resource development. (December 1977)

18. "Presumptions, Assumptions and Due Process in Criminal Cases: A Theoretical Overview", 79 Yale Law Journal 165 (1969) (co-authored with D.M. Risinger)

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Uploader Comments (paulagloria)

  • 4:37 is where the show on binary economics starts otherwise this starts off with Dominic Stevens who "hosted" the 9/11 TV Fakery activists (Nico, Al Duffy and Ryan) last year. Not sure about the economy but it is headed towards becoming a fabulous condo building as the location is right by City Hall 12 Warren St

  • What about surplus value? No mention of it! Labour produces capital. So the reality of this notion is Economist really shouldn't be talking about economics. This man produces nothing therefore he lives off the avails of the working man (productive masses) what this guy is talking about is live labour apposed to dead labour. One should remember that productivity creates unemployment so this Theory is crap.

    Keys to the kingdom what a load of shit.

  • shit is a valuable commodity in many parts of he world

  • Capitalism is the way! Thanks Paula for sharing this wonderful information. You have inspired me to start a new business

  • you miss the point....just starting a new business is like setting up your own website and miss the heavy traffic of YouTube for example...whereas if we had capital ownership in YouTUbe (determined by content and hits and all that, the real media broadcaster would emergy as a function of what the ppl really want....this is not about starting your own business although that is fine too

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  • Shitty place.

  • I'm downloading it (with Real Player SP downloader, and will play it later. I am on a mission to get to the bottom of everything that's been going on in the world for the last 3000 or so years, and searching on immortality, etc. etc. So, ttyl. If I get my way there will be something to say, and when there is, you will hear back from me. thank you. signed, unemployed talented guy with a bachelor's degree who is wondering what kind of mind control system was trying to get rid of me 4past27years.

  • What is natural is for individuals to earn a living by working (labor), using tools (capital). All of this takes place on, in and from land. What is unnatural is individuals "owning" land and charging others for the right of access to their own earth. Labor and capital earn their living; landowners do not because they do not make land and do not create its value. The community creates all land value which is the proper income for community via taxes not taxes on capital and labor.

  • This seems too optimistic, and I wonder about the professor who attributes "property is theft" to Marx when it comes from Jean-Pierre Proudhon. Marx was his student at one time.

    Proudhon argued for mutualist organization and criticized both capitalism and "dogmatic communism". Another thing, the professor brings up the outmoded idea of "natural law". That applies to biology, not to human social organization.

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