Our Work
We are motivated by the insight that financial tools are essential for designing optimal policy. Focusing on technical questions, we seek to maximize positive impact on global welfare.
We aim to bring best-in-class analytics to decisionmakers who are under-resourced and working on highly consequential questions. Our partners work in domains where 1) there is a clear path to implementation and 2) the best course is highly contingent on the details that can only be revealed through analytics.
OUR METHODOLOGY
We identify and vet cutting-edge or underdeveloped ideas, conduct research to assess their potential benefit, and design pilots and policy ultimately aiming to implement and scale them for maximum social impact.
We work at all levels to realize solutions to social problems; our public sector research and design attempts to improve legislation and government action, while our private sector efforts — incubating new entities, designing software, structuring investment — model and scale promising alternatives.
Our process draws on these fundamental capacities: Pilot and policy design; policy analysis, including microsimulation, macroeconomic modeling, and sociological and political economy analysis; empirical research evaluations, including RCTs and mixed-methods designs; database management and analytics; custom software and modeling; media strategy; policymaker communications; and incubation and operationalization of new social-impact organizations.
HOW WE CHOOSE OUR PROJECTS
We pick initiatives that are urgent and tractable, likely to make major impact in a certain domain, but not necessarily bound by a certain discipline. We regularly assess new project ideas and interventions in social policy — drawing on our own work and partners in government, industry, academia, and other sectors.
We put each potential project through a structured evaluation that involves scoring the idea on its timeliness, empirical and theoretical strength, impact-to-effort balance, existing ecosystem of expertise, and potential for foundational change.
Many of these projects may take years to reach implementation and scale.
Please contact us if you have a proposal for a novel policy or organization to support it. You can find out more about partnering with us on our Partner With Us page.
OUR IMPACT
Our first metric is direct positive impact on people’s lives. Pilots and policies designed or evaluated by JFI have served tens of thousands of people in the US and abroad. We also measure ourselves on progress towards building effective new institutions and social infrastructure in the public and private spheres, creating a new knowledge base around urgent social questions, informing policy, and laying foundations for new prosocial equilibria that will outlast our direct work. For any project we choose, even partial success must have some value. And for any project we choose, we must work across several attachment points in theory and practice.
Find out more in our annual letters.
Annual Letter 2024 ›
Annual Letter 2023 ›
Annual Letter 2022 ›
Annual Letter 2021 ›
Annual Letter 2020 ›
Featured Work
CURRENT INITIATIVES
Our current projects focus on social and governmental policy, as well as market structures, here and abroad. Core topics include guaranteed income and the social safety net, higher education finance, and social wealth, while we have conducted long-term inquiry into digital ethics and governance, solar geoengineering governance, and ESG.
We build pilots, design policy, and conduct research on guaranteed income alongside international partners in government, philanthropy, and academia.
We focus on designing financing for the labor and education markets, with expertise in income contingent financing capital structuring, program design, and underwriting.
We build tools, conduct research, and develop partnerships to help transform public assets into long-term financial portfolios in service of the public interest.
Financing the Energy Transition
Our team of data analysts and energy markets experts leverages particularized financial modeling analysis as well as larger-scale market simulation to understand the structure of, and the possibilities within, the energy transition.
Affiliate and Emerging Initiatives
We design and incubate affiliate initiatives brought to us by partners in the US and abroad.
PHENOMENAL WORLD
Phenomenal World is a publication focused on political economy.
We publish rigorous and innovative writing on economics, history, finance, policy, and politics. A publication of JFI, Phenomenal World explores political economy from a range of social scientific disciplines, and work with emerging and established scholars in and outside of JFI’s projects.