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Jul 18

Expeditionary Economics

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Carl Schramm is recognized internationally as an authority on entrepreneurial innovation, job creation, and economic growth. The Wall Street Journal has cited his "prescient" work, and The Economist hailed him as "the evangelist of entrepreneurship." He is president and CEO of the Ewing Marion Kauffman Foundation, the world's premier organization dedicated to creating new firms and understanding the role they play in economic growth. The Kauffman Foundation is the leading private funder of economic research related to growth and innovation in the United States.

Expeditionary economics is an emerging area of economic inquiry focused on rebuilding economies in post-conflict nations, as in Iraq or Afghanistan. The concept was first introduced by Dr. Schramm in an essay in the May/June 2010 issue of Foreign Affairs. The thesis that undergirds expeditionary economics is that the most effective way to quickly establish a trajectory toward economic growth in areas in conflict is to focus on forming firms that can experience rapid growth in revenue and employment. Given the U.S. military's burden of leaving countries such as Iraq and Afghanistan in a stable economic state, it is critical that a strategy is developed for achieving post-conflict growth. A central issue surrounding expeditionary economics is whether the military and civilian agencies can invent the requisite expertise itself to do this, rather than outsourcing the task to private-sector contractors or other parts of the U.S. government.

More About the Speakers

Carl J. Schramm, Ph.D.
President and CEO of the Ewing Marion Kauffman Foundation

Hosted By

James Jay Carafano, Ph.D. James Jay Carafano, Ph.D.

Vice President for the Kathryn and Shelby Cullom Davis Institute for National Security and Foreign Policy, and the E. W. Richardson Fellow Read More