Rick McGahey (PhD, Economics, New School for Social Research) is Director of the Environmental Policy and Sustainability Management Program, and Professor of Professional Practice in Public Policy and Economics at the Milano School of International Affairs, Management, and Urban Policy. He also is a Faculty Fellow at the New School’s Schwartz Center for Economic Policy Analysis. Rick is a nationally recognized expert on urban and regional economic development, triple bottom line investing, program evaluation, retirement policy, and workforce development who has worked in philanthropy, the private sector, and government at all levels—federal, state, and local. Rick comes to Milano from the Ford Foundation, where he was the Director of Impact Assessment, working to develop and implement assessments to help the Foundation achieve greater impact, including measuring the impact of triple bottom line investments. Previously, he was a Program Officer with a focus on workforce development for low-income groups (including creation of and training for “green jobs”) and regional economic development that emphasizes equity and community development for economic, social, and environmental goals.
Rick is the co-editor, with Jennifer Vey, of Retooling for Growth: Building a 21st Century Economy in America’s Older Industrial Areas (Brookings Institution Press, 2008). Before joining the Foundation, he was a Managing Vice President at Abt Associates, a consulting, research and evaluation firm where he directed work on education, childhood development, social welfare, and workforce development, responsible for an annual portfolio of over $20 million in evaluation grants and contracts. Rick also has extensive experience in the public sector. During President Clinton’s second term, he served as Assistant Secretary for Policy, and later for Pension and Welfare Benefits, at the U.S. Department of Labor under Secretary Alexis Herman. He also served as Executive Director of the Congressional Joint Economic Committee and as Economic Policy Advisor for Senator Edward M. Kennedy (D-Mass.). At the state and local level, Rick was Deputy Commissioner for Policy and Research for the New York State Department of Economic Development and Deputy Comptroller for Policy and Management for the City of New York. He has a Ph.D. in economics from the New School for Social Research and has taught at New York University, John Jay College, and the George Washington University.
PhD 1982, Economics, New School for Social Research