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Fireside chat with Nicolas Colin, author of Hedge

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School of International and Public Affairs

420 West 118th Street

#1512

New York, NY 10027

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The social safety net we all know – Social Security, Medicare, Unemployment Insurance, Trade Adjustment Assistance – was created by way of a series of policy responses to challenges stemming from the 20th century economic order characterized by factories and salaried jobs. In 2019, policymakers are faced with an increasingly fragile social system that is increasingly insufficient and unresponsive to workers’ needs in the 21st century's digital economy. A solution won’t come from simply shoring up existing programs or adding a new aspect to an obsolete framework. This rebuild must be undertaken quickly, as it is the only way to avoid more damage to the legitimacy of democratic capitalism, political upheaval, societal unrest, and even war. Nicolas Colin's new book, “Hedge: A Greater Safety Net for the Entrepreneurial Age,” addresses how government, society, and businesses should be thinking about these challenges (for more, see hedgethebook.com). Join Nicolas Colin and Ian Hathaway in chatting about entrepreneurship, technology, and the future with the SIPA Entrepreneurship & Policy Initiative.

The event is hosted in partnership with the Urban & Social Policy concentration, U.S. specialization, Technology, Media and Communications specialization and Management at SIPA.

Nicolas Colin is a cofounder and director of The Family, an investment firm supporting ambitious tech entrepreneurs in Europe. His 2018 book “Hedge: A Greater Safety Net for the Entrepreneurial Age” discusses the urgent need to invent a new Safety Net for our economy driven by computing and networks. He lives in London with his wife and two children. Nicolas began his career in the French civil service and then brought his senior policy experience to his work as a tech investor. He has co-authored several other works on technology, including a 2013 Report on Taxation in the Digital Economy. He sits on the board of Radio France, the French national radio broadcasting corporation, and has previously served as a member of the board of the French personal data protection authority. His new book Hedge has received rave reviews from people in the field including Sir Nick Clegg, former Deputy Prime Minister: "This is an important book which poses profound questions about the social and political effects of technological change. Rather than adding to the growing backlash against tech, Colin puts forward specific and forward looking ideas about how we can strike a new balance between technological change and wider social stability and solidarity. In essence, Colin envisages nothing less than a reinvention of the welfare state to suit the modern entrepreneurial age.”

Ian Hathaway is the Research Director at the Center for American Entrepreneurship, where he leads content development efforts, publishes research and commentary, and advises on policy and strategy. He is also a nonresident senior fellow at the Brookings Institution, a research fellow at the Technology and Policy Research Initiative at Boston University, and an adjunct professor at New York University. Ian has published for prominent research institutions, universities, non-profits, and businesses, and is regularly cited in leading press outlets for his views and research on entrepreneurship, including in The New York Times, The Economist, The Washington Post, Financial Times, and The Wall Street Journal, among many others. He has also been an advisor to organizations in the information technology, media, life sciences, venture capital, non-profit, government, and education sectors, on a range of research, public policy, and strategy issues. Previously, Ian was an economist at the Federal Reserve, World Trade Organization, and Bloomberg, and founded Ennsyte Economics. Ian is a graduate of the University of Chicago, where he studied economics and political economy.

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School of International and Public Affairs

420 West 118th Street

#1512

New York, NY 10027

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