Executive Director
Public Trust Alliance
Michael Warburton is Executive Director of the Public Trust Alliance, a non-profit educational and advocacy project of The Resource Renewal Institute in California. A former expeditionary mountain climber, he passed through many human settlements around the world on the way to mountain ranges. He was a Research Scholar at the International Institute for Applied Systems Analysis in Laxenburg, Austria to co-author a Discussion Paper for an Interagency United Nations Meeting (April 1983) led by UNEP to engage the “Deforestation Crisis” in the Himalayan Foothills. This led to co-authorship of Uncertainty on a Himalayan Scale: An Institutional Theory of Environmental Perception and a Strategic Framework for the Sustainable Development of the Himalayas, Ethnographica, London, 1986. A Natural Resource Economist by training (University of California at Berkeley), he earned his law degree (also at Berkeley) in 1992 and now specializes in solving water development problems where “public trust” assets are at stake.

Presenter of 1 Presentation

TRANSITION AND TRANSFORMATION THROUGH REASONABLE ASSET VALUATION

Session Type
Academic Sessions
Date
02/23/2022
Session Time
04:00 PM - 05:30 PM
Room

Hall C

Lecture Time
04:50 PM - 05:00 PM

Abstract

Abstract Body

Transition and Transformation Through Reasonable Asset Valuation” (focusing on the historic opportunity we now have to “re-value assets” simply because we are “sheltering in place” and the financial markets haven’t been “connected” to anybody’s reality for more than a year – and it has become common knowledge that recent hedging and merger activity are truly impossible to quantify with any degree of certainty. And if “poverty” is conceptualized more as a “default setting,” there is a tremendous opportunity for open discussion before actual “implementation.” Of course, there is tremendous pressure by some parties to “get back to normal” without asking questions about everything “normal” implies in a world of changing climate and physical and institutional responses required.

It should be obvious that “revaluation” is much more feasible than “redistribution” and there is a chance to explore dimensions of “fairness” and the peculiarly protected status of “legal fees” and the give away culture supported by almost total lack of ethical enforcement structures.

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