
-
Contact information:
j.fuhrer@easternbank.com
jfuhrer@verizon.net
978-837-7981 (mobile)Bootstraps
“At the very same time that the government refused to give the Negro any land, through an act of Congress our Government was giving away millions of acres of land in the west and the midwest, which meant it was willing to undergird its white peasants from Europe with an economic floor. But not only did they give the land, they built land grant colleges with government money to teach them how to farm; not only that, they provided county agents to further their expertise in farming; not only that, they provided low interest rates in order that they could mechanize their farms; not only that, today, many of these people are receiving millions of dollars in federal subsidies not to farm, and they are the very people telling the Black man that he ought to lift himself by his own bootstraps. And this is what we are faced with, and this is the reality. Now, when we come to Washington in this campaign, we are coming to get our check.” Dr. Martin Luther King, Jr. 1968.
Former positions:
Senior Fellow, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School of Government (through June 2022)
EVP and Chief Strategy Officer, Mass Development (March 2020-March 2021)
EVP and Senior Policy Advisor, Federal Reserve Bank of Boston (retired March 2020)
EVP and Director of Research, Federal Reserve Bank of Boston (2001-2011)
EDUCATION
Harvard University. MA, Ph.D. in Economics.
Princeton University. B.A. Economics, summa cum laude, ranked first in department
Latest Projects
New book: The Myth That Made Us. Documents the extent of “brokenness” in the US economy. Examines the role that key narratives have played in dismissing poor economic outcomes, and in building economic structures that continue to deliver poor outcomes, contributing to that brokenness. Proposes key initiatives that would provide more equal opportunity to build human and financial capital. Published by The MIT Press, September 2023.
Color of Wealth: Working with a collaborative to follow up on the Federal Reserve’s 2015 “Color of Wealth” study, conduct a new survey with broader demographic and geographic coverage, new questions to understand underlying sources of the wealth gap, and pursue pilot projects and programs to reduce the wealth gap. Press release here .

-
Contact information:
j.fuhrer@easternbank.com
jfuhrer@verizon.net
978-837-7981 (mobile)Bootstraps
“At the very same time that the government refused to give the Negro any land, through an act of Congress our Government was giving away millions of acres of land in the west and the midwest, which meant it was willing to undergird its white peasants from Europe with an economic floor. But not only did they give the land, they built land grant colleges with government money to teach them how to farm; not only that, they provided county agents to further their expertise in farming; not only that, they provided low interest rates in order that they could mechanize their farms; not only that, today, many of these people are receiving millions of dollars in federal subsidies not to farm, and they are the very people telling the Black man that he ought to lift himself by his own bootstraps. And this is what we are faced with, and this is the reality. Now, when we come to Washington in this campaign, we are coming to get our check.” Dr. Martin Luther King, Jr. 1968.
Former positions:
Senior Fellow, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School of Government (through June 2022)
EVP and Chief Strategy Officer, Mass Development (March 2020-March 2021)
EVP and Senior Policy Advisor, Federal Reserve Bank of Boston (retired March 2020)
EVP and Director of Research, Federal Reserve Bank of Boston (2001-2011)
EDUCATION
Harvard University. MA, Ph.D. in Economics.
Princeton University. B.A. Economics, summa cum laude, ranked first in department
Latest Projects
New book: The Myth That Made Us. Documents the extent of “brokenness” in the US economy. Examines the role that key narratives have played in dismissing poor economic outcomes, and in building economic structures that continue to deliver poor outcomes, contributing to that brokenness. Proposes key initiatives that would provide more equal opportunity to build human and financial capital. Published by The MIT Press, September 2023.
Color of Wealth: Working with a collaborative to follow up on the Federal Reserve’s 2015 “Color of Wealth” study, conduct a new survey with broader demographic and geographic coverage, new questions to understand underlying sources of the wealth gap, and pursue pilot projects and programs to reduce the wealth gap. Press release here .

-
Contact information:
j.fuhrer@easternbank.com
jfuhrer@verizon.net
978-837-7981 (mobile)Bootstraps
“At the very same time that the government refused to give the Negro any land, through an act of Congress our Government was giving away millions of acres of land in the west and the midwest, which meant it was willing to undergird its white peasants from Europe with an economic floor. But not only did they give the land, they built land grant colleges with government money to teach them how to farm; not only that, they provided county agents to further their expertise in farming; not only that, they provided low interest rates in order that they could mechanize their farms; not only that, today, many of these people are receiving millions of dollars in federal subsidies not to farm, and they are the very people telling the Black man that he ought to lift himself by his own bootstraps. And this is what we are faced with, and this is the reality. Now, when we come to Washington in this campaign, we are coming to get our check.” Dr. Martin Luther King, Jr. 1968.
Former positions:
Senior Fellow, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School of Government (through June 2022)
EVP and Chief Strategy Officer, Mass Development (March 2020-March 2021)
EVP and Senior Policy Advisor, Federal Reserve Bank of Boston (retired March 2020)
EVP and Director of Research, Federal Reserve Bank of Boston (2001-2011)
EDUCATION
Harvard University. MA, Ph.D. in Economics.
Princeton University. B.A. Economics, summa cum laude, ranked first in department
Latest Projects
New book: The Myth That Made Us. Documents the extent of “brokenness” in the US economy. Examines the role that key narratives have played in dismissing poor economic outcomes, and in building economic structures that continue to deliver poor outcomes, contributing to that brokenness. Proposes key initiatives that would provide more equal opportunity to build human and financial capital. Published by The MIT Press, September 2023.
Color of Wealth: Working with a collaborative to follow up on the Federal Reserve’s 2015 “Color of Wealth” study, conduct a new survey with broader demographic and geographic coverage, new questions to understand underlying sources of the wealth gap, and pursue pilot projects and programs to reduce the wealth gap. Press release here .

-
Contact information:
j.fuhrer@easternbank.com
jfuhrer@verizon.net
978-837-7981 (mobile)Bootstraps
“At the very same time that the government refused to give the Negro any land, through an act of Congress our Government was giving away millions of acres of land in the west and the midwest, which meant it was willing to undergird its white peasants from Europe with an economic floor. But not only did they give the land, they built land grant colleges with government money to teach them how to farm; not only that, they provided county agents to further their expertise in farming; not only that, they provided low interest rates in order that they could mechanize their farms; not only that, today, many of these people are receiving millions of dollars in federal subsidies not to farm, and they are the very people telling the Black man that he ought to lift himself by his own bootstraps. And this is what we are faced with, and this is the reality. Now, when we come to Washington in this campaign, we are coming to get our check.” Dr. Martin Luther King, Jr. 1968.
Former positions:
Senior Fellow, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School of Government (through June 2022)
EVP and Chief Strategy Officer, Mass Development (March 2020-March 2021)
EVP and Senior Policy Advisor, Federal Reserve Bank of Boston (retired March 2020)
EVP and Director of Research, Federal Reserve Bank of Boston (2001-2011)
EDUCATION
Harvard University. MA, Ph.D. in Economics.
Princeton University. B.A. Economics, summa cum laude, ranked first in department
Latest Projects
New book: The Myth That Made Us. Documents the extent of “brokenness” in the US economy. Examines the role that key narratives have played in dismissing poor economic outcomes, and in building economic structures that continue to deliver poor outcomes, contributing to that brokenness. Proposes key initiatives that would provide more equal opportunity to build human and financial capital. Published by The MIT Press, September 2023.
Color of Wealth: Working with a collaborative to follow up on the Federal Reserve’s 2015 “Color of Wealth” study, conduct a new survey with broader demographic and geographic coverage, new questions to understand underlying sources of the wealth gap, and pursue pilot projects and programs to reduce the wealth gap. Press release here .

-
Contact information:
j.fuhrer@easternbank.com
jfuhrer@verizon.net
978-837-7981 (mobile)Bootstraps
“At the very same time that the government refused to give the Negro any land, through an act of Congress our Government was giving away millions of acres of land in the west and the midwest, which meant it was willing to undergird its white peasants from Europe with an economic floor. But not only did they give the land, they built land grant colleges with government money to teach them how to farm; not only that, they provided county agents to further their expertise in farming; not only that, they provided low interest rates in order that they could mechanize their farms; not only that, today, many of these people are receiving millions of dollars in federal subsidies not to farm, and they are the very people telling the Black man that he ought to lift himself by his own bootstraps. And this is what we are faced with, and this is the reality. Now, when we come to Washington in this campaign, we are coming to get our check.” Dr. Martin Luther King, Jr. 1968.
Former positions:
Senior Fellow, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School of Government (through June 2022)
EVP and Chief Strategy Officer, Mass Development (March 2020-March 2021)
EVP and Senior Policy Advisor, Federal Reserve Bank of Boston (retired March 2020)
EVP and Director of Research, Federal Reserve Bank of Boston (2001-2011)
EDUCATION
Harvard University. MA, Ph.D. in Economics.
Princeton University. B.A. Economics, summa cum laude, ranked first in department
Latest Projects
New book: The Myth That Made Us. Documents the extent of “brokenness” in the US economy. Examines the role that key narratives have played in dismissing poor economic outcomes, and in building economic structures that continue to deliver poor outcomes, contributing to that brokenness. Proposes key initiatives that would provide more equal opportunity to build human and financial capital. Published by The MIT Press, September 2023.
Color of Wealth: Working with a collaborative to follow up on the Federal Reserve’s 2015 “Color of Wealth” study, conduct a new survey with broader demographic and geographic coverage, new questions to understand underlying sources of the wealth gap, and pursue pilot projects and programs to reduce the wealth gap. Press release here .

-
Contact information:
j.fuhrer@easternbank.com
jfuhrer@verizon.net
978-837-7981 (mobile)Bootstraps
“At the very same time that the government refused to give the Negro any land, through an act of Congress our Government was giving away millions of acres of land in the west and the midwest, which meant it was willing to undergird its white peasants from Europe with an economic floor. But not only did they give the land, they built land grant colleges with government money to teach them how to farm; not only that, they provided county agents to further their expertise in farming; not only that, they provided low interest rates in order that they could mechanize their farms; not only that, today, many of these people are receiving millions of dollars in federal subsidies not to farm, and they are the very people telling the Black man that he ought to lift himself by his own bootstraps. And this is what we are faced with, and this is the reality. Now, when we come to Washington in this campaign, we are coming to get our check.” Dr. Martin Luther King, Jr. 1968.
Former positions:
Senior Fellow, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School of Government (through June 2022)
EVP and Chief Strategy Officer, Mass Development (March 2020-March 2021)
EVP and Senior Policy Advisor, Federal Reserve Bank of Boston (retired March 2020)
EVP and Director of Research, Federal Reserve Bank of Boston (2001-2011)
EDUCATION
Harvard University. MA, Ph.D. in Economics.
Princeton University. B.A. Economics, summa cum laude, ranked first in department
Latest Projects
New book: The Myth That Made Us. Documents the extent of “brokenness” in the US economy. Examines the role that key narratives have played in dismissing poor economic outcomes, and in building economic structures that continue to deliver poor outcomes, contributing to that brokenness. Proposes key initiatives that would provide more equal opportunity to build human and financial capital. Published by The MIT Press, September 2023.
Color of Wealth: Working with a collaborative to follow up on the Federal Reserve’s 2015 “Color of Wealth” study, conduct a new survey with broader demographic and geographic coverage, new questions to understand underlying sources of the wealth gap, and pursue pilot projects and programs to reduce the wealth gap. Press release here .

-
Contact information:
j.fuhrer@easternbank.com
jfuhrer@verizon.net
978-837-7981 (mobile)Bootstraps
“At the very same time that the government refused to give the Negro any land, through an act of Congress our Government was giving away millions of acres of land in the west and the midwest, which meant it was willing to undergird its white peasants from Europe with an economic floor. But not only did they give the land, they built land grant colleges with government money to teach them how to farm; not only that, they provided county agents to further their expertise in farming; not only that, they provided low interest rates in order that they could mechanize their farms; not only that, today, many of these people are receiving millions of dollars in federal subsidies not to farm, and they are the very people telling the Black man that he ought to lift himself by his own bootstraps. And this is what we are faced with, and this is the reality. Now, when we come to Washington in this campaign, we are coming to get our check.” Dr. Martin Luther King, Jr. 1968.
Former positions:
Senior Fellow, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School of Government (through June 2022)
EVP and Chief Strategy Officer, Mass Development (March 2020-March 2021)
EVP and Senior Policy Advisor, Federal Reserve Bank of Boston (retired March 2020)
EVP and Director of Research, Federal Reserve Bank of Boston (2001-2011)
EDUCATION
Harvard University. MA, Ph.D. in Economics.
Princeton University. B.A. Economics, summa cum laude, ranked first in department
Latest Projects
New book: The Myth That Made Us. Documents the extent of “brokenness” in the US economy. Examines the role that key narratives have played in dismissing poor economic outcomes, and in building economic structures that continue to deliver poor outcomes, contributing to that brokenness. Proposes key initiatives that would provide more equal opportunity to build human and financial capital. Published by The MIT Press, September 2023.
Color of Wealth: Working with a collaborative to follow up on the Federal Reserve’s 2015 “Color of Wealth” study, conduct a new survey with broader demographic and geographic coverage, new questions to understand underlying sources of the wealth gap, and pursue pilot projects and programs to reduce the wealth gap. Press release here .

-
Contact information:
j.fuhrer@easternbank.com
jfuhrer@verizon.net
978-837-7981 (mobile)Bootstraps
“At the very same time that the government refused to give the Negro any land, through an act of Congress our Government was giving away millions of acres of land in the west and the midwest, which meant it was willing to undergird its white peasants from Europe with an economic floor. But not only did they give the land, they built land grant colleges with government money to teach them how to farm; not only that, they provided county agents to further their expertise in farming; not only that, they provided low interest rates in order that they could mechanize their farms; not only that, today, many of these people are receiving millions of dollars in federal subsidies not to farm, and they are the very people telling the Black man that he ought to lift himself by his own bootstraps. And this is what we are faced with, and this is the reality. Now, when we come to Washington in this campaign, we are coming to get our check.” Dr. Martin Luther King, Jr. 1968.
Former positions:
Senior Fellow, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School of Government (through June 2022)
EVP and Chief Strategy Officer, Mass Development (March 2020-March 2021)
EVP and Senior Policy Advisor, Federal Reserve Bank of Boston (retired March 2020)
EVP and Director of Research, Federal Reserve Bank of Boston (2001-2011)
EDUCATION
Harvard University. MA, Ph.D. in Economics.
Princeton University. B.A. Economics, summa cum laude, ranked first in department
Latest Projects
New book: The Myth That Made Us. Documents the extent of “brokenness” in the US economy. Examines the role that key narratives have played in dismissing poor economic outcomes, and in building economic structures that continue to deliver poor outcomes, contributing to that brokenness. Proposes key initiatives that would provide more equal opportunity to build human and financial capital. Published by The MIT Press, September 2023.
Color of Wealth: Working with a collaborative to follow up on the Federal Reserve’s 2015 “Color of Wealth” study, conduct a new survey with broader demographic and geographic coverage, new questions to understand underlying sources of the wealth gap, and pursue pilot projects and programs to reduce the wealth gap. Press release here .

-
Contact information:
j.fuhrer@easternbank.com
jfuhrer@verizon.net
978-837-7981 (mobile)Bootstraps
“At the very same time that the government refused to give the Negro any land, through an act of Congress our Government was giving away millions of acres of land in the west and the midwest, which meant it was willing to undergird its white peasants from Europe with an economic floor. But not only did they give the land, they built land grant colleges with government money to teach them how to farm; not only that, they provided county agents to further their expertise in farming; not only that, they provided low interest rates in order that they could mechanize their farms; not only that, today, many of these people are receiving millions of dollars in federal subsidies not to farm, and they are the very people telling the Black man that he ought to lift himself by his own bootstraps. And this is what we are faced with, and this is the reality. Now, when we come to Washington in this campaign, we are coming to get our check.” Dr. Martin Luther King, Jr. 1968.
Former positions:
Senior Fellow, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School of Government (through June 2022)
EVP and Chief Strategy Officer, Mass Development (March 2020-March 2021)
EVP and Senior Policy Advisor, Federal Reserve Bank of Boston (retired March 2020)
EVP and Director of Research, Federal Reserve Bank of Boston (2001-2011)
EDUCATION
Harvard University. MA, Ph.D. in Economics.
Princeton University. B.A. Economics, summa cum laude, ranked first in department
Latest Projects
New book: The Myth That Made Us. Documents the extent of “brokenness” in the US economy. Examines the role that key narratives have played in dismissing poor economic outcomes, and in building economic structures that continue to deliver poor outcomes, contributing to that brokenness. Proposes key initiatives that would provide more equal opportunity to build human and financial capital. Published by The MIT Press, September 2023.
Color of Wealth: Working with a collaborative to follow up on the Federal Reserve’s 2015 “Color of Wealth” study, conduct a new survey with broader demographic and geographic coverage, new questions to understand underlying sources of the wealth gap, and pursue pilot projects and programs to reduce the wealth gap. Press release here .

-
Contact information:
j.fuhrer@easternbank.com
jfuhrer@verizon.net
978-837-7981 (mobile)Bootstraps
“At the very same time that the government refused to give the Negro any land, through an act of Congress our Government was giving away millions of acres of land in the west and the midwest, which meant it was willing to undergird its white peasants from Europe with an economic floor. But not only did they give the land, they built land grant colleges with government money to teach them how to farm; not only that, they provided county agents to further their expertise in farming; not only that, they provided low interest rates in order that they could mechanize their farms; not only that, today, many of these people are receiving millions of dollars in federal subsidies not to farm, and they are the very people telling the Black man that he ought to lift himself by his own bootstraps. And this is what we are faced with, and this is the reality. Now, when we come to Washington in this campaign, we are coming to get our check.” Dr. Martin Luther King, Jr. 1968.
Former positions:
Senior Fellow, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School of Government (through June 2022)
EVP and Chief Strategy Officer, Mass Development (March 2020-March 2021)
EVP and Senior Policy Advisor, Federal Reserve Bank of Boston (retired March 2020)
EVP and Director of Research, Federal Reserve Bank of Boston (2001-2011)
EDUCATION
Harvard University. MA, Ph.D. in Economics.
Princeton University. B.A. Economics, summa cum laude, ranked first in department
Latest Projects
New book: The Myth That Made Us. Documents the extent of “brokenness” in the US economy. Examines the role that key narratives have played in dismissing poor economic outcomes, and in building economic structures that continue to deliver poor outcomes, contributing to that brokenness. Proposes key initiatives that would provide more equal opportunity to build human and financial capital. Published by The MIT Press, September 2023.
Color of Wealth: Working with a collaborative to follow up on the Federal Reserve’s 2015 “Color of Wealth” study, conduct a new survey with broader demographic and geographic coverage, new questions to understand underlying sources of the wealth gap, and pursue pilot projects and programs to reduce the wealth gap. Press release here .

