The Circular Economy: Better for Earth, Better for Business
Traditional organizations follow a linear economy: everything flows one-way, from resource to product to consumer to trash. It’s often summarized by the mantra “take, make, waste.” That certainly doesn’t mitigate climate change, pollution, and other threats to humanity. Is there a better path that won’t disrupt our consumer-driven culture? John Kilpatrick heartily believes so. Just circle back to the economy of our great-great grandparents: the circular economy. It’s the old “reduce, reuse, recycle” mantra, with a heavy emphasis on the “reuse.” It was the common sense way of life for most Americans for much of our history. John goes into the details - and reveals the clear benefits to both business and consumers - as he joins host Maureen Metcalf in this episode.
John Kilpatrick is the Managing Director of Greenfield Advisors. He also serves as a Director of the Washington State Economic Development Finance Authority, and is on the National Board of Advisors for Carson College of Business at Washington State University. He holds a Ph.D. in Finance from the University of South Carolina. Dr. Kilpatrick is the author of numerous books, including the recently published McGraw Hill text, Real Estate Valuation and Strategy. Dr. Kilpatrick is an “MAI” member of the Appraisal Institute and serves on the Review Board for their flagship publication, The Appraisal Journal. He is also a Principal Member of the Real Estate Counseling Group of America.Dr. Kilpatrick has presented to the U.S. Senate Subcommittee on Science, Space, and Technology, the National Trust for Historic Preservation, the National Association of Homebuilders, the Asian Real Estate Society, the Technical University of Eindhoven (Netherlands), the Aspen Institute, and Institutional Investor magazine’s Integrated Wealth Management Forum. In 2020, he was named to the Advisory Board of the U.S. Global Leadership Coalition.Dr. Kilpatrick’s consulting and academic research activities include work for and/or funded by the National Science Foundation, the U.S. Departments of Energy, Interior, Defense, and Commerce, Oak Ridge National Lab, Southeastern Universities Research Association, Oak Ridge Associated Universities, and numerous city and county governments and private organizations. He is one of the leading authorities in the world on mortgage-backed securities. He has been featured in The Wall Street Journal, the Boston Globe, The New York Times, and other national publications. Dr. Kilpatrick and his wife, Lynnda Kilpatrick, split their time between homes in Issaquah, Washington, and Key West, Florida. In 2017, the Darla Moore School of Business at the University of South Carolina inaugurated the Dr. John A. and Lynnda P. Kilpatrick Doctoral Fellowship in Business in their honor. In his spare time, Dr. Kilpatrick is an instrument-rated private pilot, an avid yachtsman, and a Paul Harris Fellow of Rotary International.