Wednesday, July 25, 2012

Proverbs 30



7 “Two things I ask of you, O Lord;
do not refuse me before I die:

8 Keep falsehood and lies far from me;
give me neither poverty nor riches,
but give me only my daily bread.

9 Otherwise, I may have too much and disown you
and say, ‘Who is the Lord?’
Or I may become poor and steal,
and so dishonor the name of my God.
 New International Version 1984 (NIV1984)

Tuesday, July 24, 2012

IF I KNEW

If I knew it would be the last time
That I'd see you fall asleep,
I would tuck you in more tightly
and pray the Lord, your soul to keep.

If I knew it would be the last time
that I see you walk out the door,
I would give you a hug and kiss
and call you back for one more.

If I knew it would be the last time
I'd hear your voice lifted up in praise,
I would video tape each action and word,
so I could play them back day after day.

If I knew it would be the last time,
I could spare an extra minute
to stop and say "I love you,"
instead of assuming you would KNOW I do.

If I knew it would be the last time
I would be there to share your day,
well I'm sure you'll have so many more,
so I can let just this one slip away.

For surely there's always tomorrow
to make up for an oversight,
and we always get a second chance
to make everything right.

There will always be another day
to say "I love you,"
And certainly there's another chance
to say our "Anything I can do?"

But just in case I might be wrong,
and today is all I get,
I'd like to say how much I love you
and I hope we never forget.

Tomorrow is not promised to anyone,
young or old alike,
And today may be the last chance
you get to hold your loved one tight.

So if you're waiting for tomorrow,
why not do it today?
For if tomorrow never comes,
you'll surely regret the day,

That you didn't take that extra time
for a smile, a hug, or a kiss
and you were too busy to grant someone,
what turned out to be their one last wish.

So hold your loved ones close today,
and whisper in their ear,
Tell them how much you love them
and that you'll always hold them dear

Take time to say "I'm sorry," "Please forgive me,"
"Thank you," or "It's okay."
And if tomorrow never comes,
you'll have no regrets about today.

Friday, July 20, 2012

Mamdani response to Stilglitz presentation

 
 
Publish Date: Jul 18, 2012
 
 clip
Your Excellency, Mr. President; the Chair, the Honorable Minister of Finance; the Honorable Governor of the Bank of Uganda and the Honorable Deputy Governor, Bank of Uganda, I assume that the Bank of Uganda has asked me to be a discussant hoping I would raise questions they do not feel comfortable raising.  
 
I will take a cue from them and ask Professor Stiglitz questions hoping he will give responses that I do not quite feel comfortable giving.
 
I shall focus on four issues and I will ask four questions.  The first concerns the Clinton years.  The second is about Professor Stiglitz definition of the problem, as one of “market failure.”  
 
The third question focuses on the contemporary global crisis; I call for a more comprehensive definition of the crisis, from the point of view of society and not just the state and market binary that frames Professor Stiglitz’s discourse.  Finally, I ask that Professor Stiglitz situate our own crisis – the crisis of Uganda and East Africa – within an expanded frame.
 
1.  The Clinton Years
 
Deregulation of the financial system in the US began with the Clinton administration’s repeal of key sections of the Glass-Steagall Act of 1933.  That Act had separated commercial and investment banking since the Great Depression era.  The repeal of that Act was key to the deregulation of derivatives.  
 
In 2008, Clinton denied responsibility for refusing to regulate derivatives.  He changed his mind in 2010, then blaming his advisors, among whom were Treasury Secretaries Robert Rubin and Larry Summers and the Chair of his Council of Economic Advisors, Joe Stiglitz.  Larry Summers went on to become President of Harvard University.  
 
Joseph Stiglitz went on to be Chief economist of the World Bank and then professor at Columbia University.  Summers showed little remorse for his role in the deregulation era.  Joe Stiglitz, in contrast, became the best known critic of deregulation.  
 
My first question is not new.  Academic reviewers of Stiglitz have often wondered when he saw the light: did Professor Stiglitz oppose deregulation at the time or change his mind when its consequences became clear?  Should we understand his critique of deregulation as foresight or hindsight, foresight in 1996 or hindsight after his time as Clinton’s senior policy advisor?  
 
Professor Stiglitz addressed this issue in a book he wrote on the Clinton era, a book titled The Roaring Nineties: A New History of the World’s Most Prosperous Decade.  The question I am interested in was posed by an academic reviewer of the book, Robert Pollin
 of Department of Economics at University of Massachusetts at Amherst.  Let me quote Professor Polin:
 
“… at what point did Stiglitz, in his role as a senior Clinton policy advisor, become convinced of the severe damage that would result from deregulation? … As one important example, the general tenor of the 1996 Economic Report of the President, written under Stiglitz’s supervision as Chair of the Council of Economic Advisors, is unmistakably in support of lowering regulatory standards, including in telecommunications and electricity.
 
This Report even singles out for favorable mention the deregulation of the electric power industry in California—that is, the measure that, by the summer of 2002, brought California to the brink of economic disaster, in the wake of still more Enron-guided machinations.”  
 
Why is the question important?  Like the rest of us, Professor Stiglitz has a right to change his mind.  The point of asking him this question is to have some information about how his thinking has evolved on this subject. As the reviewer asked: “Was there a moment of epiphany, like Saul of Tarsus falling off his mule?
 
How many possible disaster scenarios did he really anticipate, and how much has he realized only more recently, after observing and ruminating with hindsight?”  Did the crisis authored by the Clinton administration of which he was a leading member just confirm his intuition or did it also teach him something new?  
 
The answer to this question would tell us something about his intellectual journey.  That would allow us to pose a more contemporary question:  Should not the present global crisis lead Professor Stiglitz to develop his thought further?  My point is that this question is not just one that should interest Professor Stiglitz’s biographer; it is of theoretical significance.  Let me explain in terms that a lay person can understand, which will also allow me to pose my second question.
 
II.  Why Call it Market Failure?
 
Professor Stiglit’s theoretical work is on the economics of information.  Traditional economics, both classical and neoclassical, has been dominated by two related assumptions.  The first is what Adam Smith called ‘the invisible hand,’ the assumption that free competition leads to an efficient allocation of resources.  
 
The second is a related assumption in welfare economics, that issues of distribution should be viewed as completely separate from issues of efficiency. It is this methodological "separation" between growth and distribution which allows economists to push for reforms which increase efficiency, regardless of their impact on income distribution.  
 
It is the methodological basis of what we know as the “trickle down” school in economics.  Professor Stiglitz’s great contribution has been to challenge both these assumptions.  As he has shown, asymmetric information is a pervasive feature of how real-world markets operate.  The free market is an ideological myth.  In the real world, imperfect information makes for imperfect markets.
 
For Stiglitz, this means that governments need to strongly and effectively regulate what goes on in markets.  The point is to level the information field as much as possible so that markets may function with a modicum of efficiency and fairness.  
 
I have simplified the matter but I think it gives you an idea of the contribution for which he justly received the Nobel Prize.
In the three decades that preceded Stiglitz, economists had identified important market failures, but in limited areas, such as externalities like pollution, which require government intervention.  
 
But the case they had made was for limited government intervention in limited areas.  Professor Stiglitz made a more general case.  He showed that markets are always imperfect since they are always characterized by imperfect information, why government intervention has to be a constant presence in the market.  
 
Here then is my second question: Why call this “market failure”?  The term “market failure” suggests that markets normally function properly and that “market failure” is an exceptional occurrence.  
 
It is an appropriate term to describe the thought of pre-Stiglitz economists who focused on externalities like pollution to call for government intervention in select fields.  But it hides the real significance of Professor Stiglitz’s contribution which is to redirect our thinking away from failure as an exceptional occurrence to imperfection as the normal state of markets.  
 
Like its twin term “state failure,” the term “market failure” focuses our attention on the exception rather than the norm.  But we are not talking of an occasional lapse in how markets function; rather, we are talking of the regular state of markets, of how imperfect markets are when they function the way they are supposed to function.  
 
Information is always imperfect and so are markets.  What is involved here is a methodological shift from the exception to the norm.  This is a shift of paradigmatic significance.  “Market failure” is an unfortunate term because it hides the fundamental character of this shift.  
 
III.  The Problem is Not Just Economic
 
Before discussing its limits, I will summarize Professor Stiglitz’s response to the problem he calls “market failure.” Professor Stiglitz attributes “market failure” to “lack of transparency.”
 
He has several recommendations on how to check market failure.  The first is that government needs to bridge the gap between social returns and private returns, both to encourage socially necessary investment as in agriculture and to discourage socially undesirable investment as in real estate speculation.  
 
Second, the government may set up specialized development banks.  In support, he cites the negative example of America’s private banks and their “dismal performance” alongside the positive example of Brazil’s development bank, a bank twice the size of the World Bank, and its “extraordinary success” in leading that country’s economic transformation.
 
Finally, Professor Stiglitz cautions against liberalizing financial and capital markets as advised by the Washington Consensus.  
 
He reminds us that African countries that followed the Washington Consensus like so many faithful converts paid the price for not thinking on their own feet.  To quote Professor Stiglitz: “Credit to small and medium sized enterprises went down. More broadly, credit to productive investments went down.  …  Not surprising, the result was that growth was lower in countries that liberalized.”  
 
The countries that succeeded were those in East Asia; unlike African countries, they regulated financial markets in the interest of their development. 
 
Professor Stiglitz says that the Washington Consensus is an ideology.  He has a term for it: he calls it “free market fundamentalism.”  It was “ignored in Asia” but “has inflicted a high cost on developing countries, especially in Africa.” He says the Crisis of 2008 provides a moment for reflection, on the key importance of the financial sector, and of how ideology—flawed ideas about markets—led to a global disaster.”  
 
The lessons are two-fold: first, “more than better regulation is required”; second. “the government must take an active role in providing development finance.”  
 
I am not an economist, but I have been forced to learn its basics to defend myself in the academy and the world.  Like you, I live in a world where policy discourse has been dominated – I should say colonized – by economists whose vision is limited to the economy.  Professor Stiglitz derides this as “free market fundamentalism” and I agree with him.  
 
Like fundamentalist generals who think that the conduct, outcome and consequence of war is determined by what happens on the battlefield, the thought of fundamentalist economists not only revolves around the market but is also limited by it.  Just as war is too important an activity to be left to generals, the material welfare of peoples is also too important to be left to economists alone.  
 
I salute the work Professor Stiglitz has done to show the havoc caused by what he calls “free market fundamentalists.”  But I have a critique.  I have already argued that his definition of the problem as that of “market failure” is inadequate.  I will now argue that, In light of the challenge we face today, his response to the problem is also too limited. 
 
To illustrate how deep and pervasive this crisis is, I would like to sketch some key developments starting with the Clinton years.  Let us begin with the collapse of the Soviet Union.  In the 1990s, the Clinton administration urged on Russia what it called a “shock therapy,” a cocktail of recipes first perfected in African countries in the 1980s, and baptized as Structural Adjustment by the Washington Consensus.
 
That policy practically destroyed essential consumer industries, from pharmaceuticals to poultry, and led to mass poverty in Russia.  Fully backed by the Clinton administration, Yeltsin and his fellow conspirators were happy to implement this “shock therapy” as a way to acquire property at the expense of democracy.  
 
In the words of a moderate Russian paper, Literary Gazette, the “shock therapy” turned Russia into “a zone of catastrophe.”  
 
We may note that none of the architects of this policy in the Clinton administration – neither Larry Summers, nor Jeffrey Sachs nor former President Clinton himself – has every publicly apologized for this.
 
My second example is more current.  The Eurozone was created as a single currency for Europe but without constituting Europe as a democratic polity.  
 
The result was that monetary policy was formulated outside the framework of democracy.  The states in Europe have done to their own people what the Washington Consensus did to African peoples in the 80s. Unelected governments rule Europe; the EU ruling phalanx is not accountable to any one.
 
By all technical standards, what is taking shape in Europe is dictatorship. Not only are essential mechanisms of democratic systems being eroded or discarded, democracy is rapidly losing credibility.  For the third time in a century, Germany is looking to turn Europe into its backyard.
 
Germany is now achieving with banks what it failed to achieve with tanks in World War I and World War II.  It is even more interesting that it is Germany that should now propose a democratic solution to the crisis of the Eurozone, calling for a political unification of Europe.  
 
Historically, capitalism – and the market – have been kept in check by democracy.  Both the Russian and the European cases show us what happens when you do away with the democratic process in the interest of economic efficiency. 
 
In both the Russian and the European cases – and one could multiply examples – the problem has not been the absence of state activism.  If anything, states have reinforced the havoc wreaked by market forces on society.  Society is the missing term in the state-market equation that has defined the debate on “market failure” among economists.  
 
The tendency of the market, like that of the state, is to devour society.  The challenge is to defend society against these twin forces.  
 
Here is my point:  The antidote to the market was never the state but democracy.  Not the state but a democratic political order has contained the worst fallout from capitalism over the last few centuries.  
 
The real custodian of a democratic order was never the state but society.  The question we are facing today is not just that of market failure but of an all-round political failure: the financialization of capitalism is leading to the collapse of the democratic order.  The problem was best defined by the Occupy Wall Street movement in the US: it is the 99% against the 1%.  
 
Thus my third question: does not this empirical acknowledgement need to be translated into a theoretical insight?  Does it not call for a revised theoretical apparatus: one beyond a focus on “market failure”; one that does not limit the frame to the market and the state; one that is more interdisciplinary and more focused on the intersection of the economic, the political, and the social, both to illuminate the depth of the crisis we are faced with today and to shift focus from the state and the market to society?  
 
IV.  Lessons for us in Uganda, in East Africa and in Africa
 
I have little doubt that the audience here wants us to go beyond questions of economic theory, beyond a discussion of the global crisis.  This audience would like some discussion of the Ugandan crisis.  I will ask my fourth and last question on behalf of the audience: What are the lessons for Uganda, East Africa and Africa?
 
My first observation is that the Ugandan crisis is not really exceptional if you look at the rest of the world.  In his more public and less academic observations, Professor Stiglitz has remarked on the depths of the problem in “much of the world”.  Take an example from 2007 when Professor Stiglitz wrote of globalization on Beppe Grillo’s Blog in 2007:
 
"For much of the world, globalization as it has been managed seems like a pact with the devil. A few people in the country become wealthier; GDP statistics, for what they are worth, look better, but ways of life and basic values are threatened.  ...  This is not how it has to be."
 
It would be a shame if this audience is to walk away from Professor Stiglitz’s lecture with a message that the problem is just one of “market failure” and the solution is a robust state that regulates markets and provides development finance. Is the lesson of the Structural Adjustment era simply that we need strong states to defend ourselves from the Washington Consensus?  
 
Or does the experience of the SAP era also raise a second question: What happens if developing countries are forced to push open their markets before they have stable, democratic institutions to protect their citizens?  Should we be surprised that the result is something worse than crony capitalism, worse than private corruption, whereby those in the state use their positions to privatize social resources and stifle societal opposition?  
 
Social activists in Uganda increasingly argue that the state and the market are not opposites; they have come together in a diabolical pact.  Like in the US where the state feeds the greed of the banks, the state in Uganda has become the springboard of systemic corruption.  The use of eminent domain clause to appropriate land – from tropical rain forests to primary and secondary schools – is done in the name of development.
 
Even parliamentarians who discuss the oil issue complain, almost on a daily basis, that instead of leveling the information field, the state uses all its resources to keep information secret and muzzle public discussion on how public resources are used.  The question is simple: what happens if it is the state, and not just market forces, that hoards information?
 
I want to broaden our focus to the East African community.  The political class in Africa is weak.  Often, its vision is clouded by a singleminded preoccupation with the question of it own political survival. The result is a singular lack of imagination, marked by a tendency to borrow ‘solutions’ from the West.  
 
The AU named itself after the EU.  The East African Community adopted the European process hook, line and sinker: first a common market, then a common currency, before any political arrangement.  Here is my question:  Will the pursuit of this European recipe – introducing a common East African currency without first creating a common political framework for East Africa, without first solving the question of sovereignty, whether through a federation or a confederation – not invite a Europe-type crisis?  
 
V.  Conclusion
 
Let me conclude with two observations, one theoretical, the second political.
When I was a graduate student, my economics professor asked me to read a great postwar classic, Karl Polanyi’s The Great Transformation.  Polanyi was the first to point out that self-regulating markets are bound to lead to a social catastrophe.  Polanyi began with the observation that the market is much older than capitalism.  
 
It has been around for thousands of years.  Markets have coexisted with different kinds of economies and societies: capitalist, feudal, slave-owning, communal, all of them.  The distinguishing feature of all previous eras has been that societies have always regulated markets, set limit on their operation, and thus set limits on both private accumulation and widespread impoverishment.  Only with capitalism has the market wrenched itself free of society.  
 
A consequence of this development has been gross enrichment of a few alongside mass poverty.  A corollary of this process, we may say, is that regulation is now seen as the task of the state, and not of society.  
 
That solution is rapidly turning into a problem.  Not only has the market wrenched itself free from society, so is the state trying to do the same.  Not only do market forces threaten to colonize society, the state too threatens to devour society.  Free markets are not a solution for poverty; they are one cause of modern poverty.  State sovereignty is not a guarantor of freedom; it threatens to undermine social freedom.  
 
The challenge is not how the state can regulate the market, but how society can regulate both the state and the market.
I thank you.
 
 
 
References: 
 
Stephen E. Cohen, “The Soviet Union’s Afterlife,” The Nation, New York, January 9/16, 2012
 
Karl Polanyi, The Great Transformation.
 
Robert Pollin
 Department of Economics and Political Economy Research Institute University of Massachusetts-Amherst, Review (for Challenge Magazine) of The Roaring Nineties: A New History of the World’s Most Prosperous Decade by Joseph E. Stiglitz, Political Economy Research Institute, Working paper No. 83, 2004
 
 
http://www.newvision.co.ug/news/633097-mamdani-response-to-stilglitz-presentation.html

Sunday, July 15, 2012

Why Women Still Can’t Have It All

Yes another powerful article and a must read for all especially the ladies!!


It’s time to stop fooling ourselves, says a woman who left a position of power: the women who have managed to be both mothers and top professionals are superhuman, rich, or self-employed. If we truly believe in equal opportunity for all women, here’s what has to change.
By Anne-Marie Slaughter
Image credit: Phillip Toledano

Eighteen months into my job as the first woman director of policy planning at the State Department, a foreign-policy dream job that traces its origins back to George Kennan, I found myself in New York, at the United Nations’ annual assemblage of every foreign minister and head of state in the world. On a Wednesday evening, President and Mrs. Obama hosted a glamorous reception at the American Museum of Natural History. I sipped champagne, greeted foreign dignitaries, and mingled. But I could not stop thinking about my 14-year-old son, who had started eighth grade three weeks earlier and was already resuming what had become his pattern of skipping homework, disrupting classes, failing math, and tuning out any adult who tried to reach him. Over the summer, we had barely spoken to each other—or, more accurately, he had barely spoken to me. And the previous spring I had received several urgent phone calls—invariably on the day of an important meeting—that required me to take the first train from Washington, D.C., where I worked, back to Princeton, New Jersey, where he lived. My husband, who has always done everything possible to support my career, took care of him and his 12-year-old brother during the week; outside of those midweek emergencies, I came home only on weekends.
As the evening wore on, I ran into a colleague who held a senior position in the White House. She has two sons exactly my sons’ ages, but she had chosen to move them from California to D.C. when she got her job, which meant her husband commuted back to California regularly. I told her how difficult I was finding it to be away from my son when he clearly needed me. Then I said, “When this is over, I’m going to write an op-ed titled ‘Women Can’t Have It All.’”
She was horrified. “You can’t write that,” she said. “You, of all people.” What she meant was that such a statement, coming from a high-profile career woman—a role model—would be a terrible signal to younger generations of women. By the end of the evening, she had talked me out of it, but for the remainder of my stint in Washington, I was increasingly aware that the feminist beliefs on which I had built my entire career were shifting under my feet. I had always assumed that if I could get a foreign-policy job in the State Department or the White House while my party was in power, I would stay the course as long as I had the opportunity to do work I loved. But in January 2011, when my two-year public-service leave from Princeton University was up, I hurried home as fast as I could.

A rude epiphany hit me soon after I got there. When people asked why I had left government, I explained that I’d come home not only because of Princeton’s rules (after two years of leave, you lose your tenure), but also because of my desire to be with my family and my conclusion that juggling high-level government work with the needs of two teenage boys was not possible. I have not exactly left the ranks of full-time career women: I teach a full course load; write regular print and online columns on foreign policy; give 40 to 50 speeches a year; appear regularly on TV and radio; and am working on a new academic book. But I routinely got reactions from other women my age or older that ranged from disappointed (“It’s such a pity that you had to leave Washington”) to condescending (“I wouldn’t generalize from your experience. I’ve never had to compromise, and my kids turned out great”).

The first set of reactions, with the underlying assumption that my choice was somehow sad or unfortunate, was irksome enough. But it was the second set of reactions—those implying that my parenting and/or my commitment to my profession were somehow substandard—that triggered a blind fury. Suddenly, finally, the penny dropped. All my life, I’d been on the other side of this exchange. I’d been the woman smiling the faintly superior smile while another woman told me she had decided to take some time out or pursue a less competitive career track so that she could spend more time with her family. I’d been the woman congratulating herself on her unswerving commitment to the feminist cause, chatting smugly with her dwindling number of college or law-school friends who had reached and maintained their place on the highest rungs of their profession. I’d been the one telling young women at my lectures that you can have it all and do it all, regardless of what field you are in. Which means I’d been part, albeit unwittingly, of making millions of women feel that they are to blame if they cannot manage to rise up the ladder as fast as men and also have a family and an active home life (and be thin and beautiful to boot).
Last spring, I flew to Oxford to give a public lecture. At the request of a young Rhodes Scholar I know, I’d agreed to talk to the Rhodes community about “work-family balance.” I ended up speaking to a group of about 40 men and women in their mid-20s. What poured out of me was a set of very frank reflections on how unexpectedly hard it was to do the kind of job I wanted to do as a high government official and be the kind of parent I wanted to be, at a demanding time for my children (even though my husband, an academic, was willing to take on the lion’s share of parenting for the two years I was in Washington). I concluded by saying that my time in office had convinced me that further government service would be very unlikely while my sons were still at home. The audience was rapt, and asked many thoughtful questions. One of the first was from a young woman who began by thanking me for “not giving just one more fatuous ‘You can have it all’ talk.” Just about all of the women in that room planned to combine careers and family in some way. But almost all assumed and accepted that they would have to make compromises that the men in their lives were far less likely to have to make.

The striking gap between the responses I heard from those young women (and others like them) and the responses I heard from my peers and associates prompted me to write this article. Women of my generation have clung to the feminist credo we were raised with, even as our ranks have been steadily thinned by unresolvable tensions between family and career, because we are determined not to drop the flag for the next generation. But when many members of the younger generation have stopped listening, on the grounds that glibly repeating “you can have it all” is simply airbrushing reality, it is time to talk.

I still strongly believe that women can “have it all” (and that men can too). I believe that we can “have it all at the same time.” But not today, not with the way America’s economy and society are currently structured. My experiences over the past three years have forced me to confront a number of uncomfortable facts that need to be widely acknowledged—and quickly changed.
Before my service in government, I’d spent my career in academia: as a law professor and then as the dean of Princeton’s Woodrow Wilson School of Public and International Affairs. Both were demanding jobs, but I had the ability to set my own schedule most of the time. I could be with my kids when I needed to be, and still get the work done. I had to travel frequently, but I found I could make up for that with an extended period at home or a family vacation.

I knew that I was lucky in my career choice, but I had no idea how lucky until I spent two years in Washington within a rigid bureaucracy, even with bosses as understanding as Hillary Clinton and her chief of staff, Cheryl Mills. My workweek started at 4:20 on Monday morning, when I got up to get the 5:30 train from Trenton to Washington. It ended late on Friday, with the train home. In between, the days were crammed with meetings, and when the meetings stopped, the writing work began—a never-ending stream of memos, reports, and comments on other people’s drafts. For two years, I never left the office early enough to go to any stores other than those open 24 hours, which meant that everything from dry cleaning to hair appointments to Christmas shopping had to be done on weekends, amid children’s sporting events, music lessons, family meals, and conference calls. I was entitled to four hours of vacation per pay period, which came to one day of vacation a month. And I had it better than many of my peers in D.C.; Secretary Clinton deliberately came in around 8 a.m. and left around 7 p.m., to allow her close staff to have morning and evening time with their families (although of course she worked earlier and later, from home).

In short, the minute I found myself in a job that is typical for the vast majority of working women (and men), working long hours on someone else’s schedule, I could no longer be both the parent and the professional I wanted to be—at least not with a child experiencing a rocky adolescence. I realized what should have perhaps been obvious: having it all, at least for me, depended almost entirely on what type of job I had. The flip side is the harder truth: having it all was not possible in many types of jobs, including high government office—at least not for very long.
I am hardly alone in this realization. Michèle Flournoy stepped down after three years as undersecretary of defense for policy, the third-highest job in the department, to spend more time at home with her three children, two of whom are teenagers. Karen Hughes left her position as the counselor to President George W. Bush after a year and a half in Washington to go home to Texas for the sake of her family. Mary Matalin, who spent two years as an assistant to Bush and the counselor to Vice President Dick Cheney before stepping down to spend more time with her daughters, wrote: “Having control over your schedule is the only way that women who want to have a career and a family can make it work.”

Yet the decision to step down from a position of power—to value family over professional advancement, even for a time—is directly at odds with the prevailing social pressures on career professionals in the United States. One phrase says it all about current attitudes toward work and family, particularly among elites. In Washington, “leaving to spend time with your family” is a euphemism for being fired. This understanding is so ingrained that when Flournoy announced her resignation last December, TheNew York Times covered her decision as follows:
Ms. Flournoy’s announcement surprised friends and a number of Pentagon officials, but all said they took her reason for resignation at face value and not as a standard Washington excuse for an official who has in reality been forced out. “I can absolutely and unequivocally state that her decision to step down has nothing to do with anything other than her commitment to her family,” said Doug Wilson, a top Pentagon spokesman. “She has loved this job and people here love her.
Think about what this “standard Washington excuse” implies: it is so unthinkable that an official would actually step down to spend time with his or her family that this must be a cover for something else. How could anyone voluntarily leave the circles of power for the responsibilities of parenthood? Depending on one’s vantage point, it is either ironic or maddening that this view abides in the nation’s capital, despite the ritual commitments to “family values” that are part of every political campaign. Regardless, this sentiment makes true work-life balance exceptionally difficult. But it cannot change unless top women speak out.

Only recently have I begun to appreciate the extent to which many young professional women feel under assault by women my age and older. After I gave a recent speech in New York, several women in their late 60s or early 70s came up to tell me how glad and proud they were to see me speaking as a foreign-policy expert. A couple of them went on, however, to contrast my career with the path being traveled by “younger women today.” One expressed dismay that many younger women “are just not willing to get out there and do it.” Said another, unaware of the circumstances of my recent job change: “They think they have to choose between having a career and having a family.”

A similar assumption underlies Facebook Chief Operating Officer Sheryl Sandberg’s widely publicized 2011 commencement speech at Barnard, and her earlier TED talk, in which she lamented the dismally small number of women at the top and advised young women not to “leave before you leave.” When a woman starts thinking about having children, Sandberg said, “she doesn’t raise her hand anymore … She starts leaning back.” Although couched in terms of encouragement, Sandberg’s exhortation contains more than a note of reproach. We who have made it to the top, or are striving to get there, are essentially saying to the women in the generation behind us: “What’s the matter with you?”

They have an answer that we don’t want to hear. After the speech I gave in New York, I went to dinner with a group of 30-somethings. I sat across from two vibrant women, one of whom worked at the UN and the other at a big New York law firm. As nearly always happens in these situations, they soon began asking me about work-life balance. When I told them I was writing this article, the lawyer said, “I look for role models and can’t find any.” She said the women in her firm who had become partners and taken on management positions had made tremendous sacrifices, “many of which they don’t even seem to realize … They take two years off when their kids are young but then work like crazy to get back on track professionally, which means that they see their kids when they are toddlers but not teenagers, or really barely at all.” Her friend nodded, mentioning the top professional women she knew, all of whom essentially relied on round-the-clock nannies. Both were very clear that they did not want that life, but could not figure out how to combine professional success and satisfaction with a real commitment to family.

I realize that I am blessed to have been born in the late 1950s instead of the early 1930s, as my mother was, or the beginning of the 20th century, as my grandmothers were. My mother built a successful and rewarding career as a professional artist largely in the years after my brothers and I left home—and after being told in her 20s that she could not go to medical school, as her father had done and her brother would go on to do, because, of course, she was going to get married. I owe my own freedoms and opportunities to the pioneering generation of women ahead of me—the women now in their 60s, 70s, and 80s who faced overt sexism of a kind I see only when watching Mad Men, and who knew that the only way to make it as a woman was to act exactly like a man. To admit to, much less act on, maternal longings would have been fatal to their careers.
But precisely thanks to their progress, a different kind of conversation is now possible. It is time for women in leadership positions to recognize that although we are still blazing trails and breaking ceilings, many of us are also reinforcing a falsehood: that “having it all” is, more than anything, a function of personal determination. As Kerry Rubin and Lia Macko, the authors of Midlife Crisis at 30, their cri de coeur for Gen-X and Gen-Y women, put it:
What we discovered in our research is that while the empowerment part of the equation has been loudly celebrated, there has been very little honest discussion among women of our age about the real barriers and flaws that still exist in the system despite the opportunities we inherited.
I am well aware that the majority of American women face problems far greater than any discussed in this article. I am writing for my demographic—highly educated, well-off women who are privileged enough to have choices in the first place. We may not have choices about whether to do paid work, as dual incomes have become indispensable. But we have choices about the type and tempo of the work we do. We are the women who could be leading, and who should be equally represented in the leadership ranks.

Millions of other working women face much more difficult life circumstances. Some are single mothers; many struggle to find any job; others support husbands who cannot find jobs. Many cope with a work life in which good day care is either unavailable or very expensive; school schedules do not match work schedules; and schools themselves are failing to educate their children. Many of these women are worrying not about having it all, but rather about holding on to what they do have. And although women as a group have made substantial gains in wages, educational attainment, and prestige over the past three decades, the economists Justin Wolfers and Betsey Stevenson have shown that women are less happy today than their predecessors were in 1972, both in absolute terms and relative to men.

The best hope for improving the lot of all women, and for closing what Wolfers and Stevenson call a “new gender gap”—measured by well-being rather than wages—is to close the leadership gap: to elect a woman president and 50 women senators; to ensure that women are equally represented in the ranks of corporate executives and judicial leaders. Only when women wield power in sufficient numbers will we create a society that genuinely works for all women. That will be a society that works for everyone.
The Half-Truths We Hold Dear
Let’s briefly examine the stories we tell ourselves, the clichés that I and many other women typically fall back on when younger women ask us how we have managed to “have it all.” They are not necessarily lies, but at best partial truths. We must clear them out of the way to make room for a more honest and productive discussion about real solutions to the problems faced by professional women.

It’s possible if you are just committed enough

Our usual starting point, whether we say it explicitly or not, is that having it all depends primarily on the depth and intensity of a woman’s commitment to her career. That is precisely the sentiment behind the dismay so many older career women feel about the younger generation. They are not committed enough, we say, to make the trade-offs and sacrifices that the women ahead of them made.

Yet instead of chiding, perhaps we should face some basic facts. Very few women reach leadership positions. The pool of female candidates for any top job is small, and will only grow smaller if the women who come after us decide to take time out, or drop out of professional competition altogether, to raise children. That is exactly what has Sheryl Sandberg so upset, and rightly so. In her words, “Women are not making it to the top. A hundred and ninety heads of state; nine are women. Of all the people in parliament in the world, 13 percent are women. In the corporate sector, [the share of] women at the top—C-level jobs, board seats—tops out at 15, 16 percent.”
Can “insufficient commitment” even plausibly explain these numbers? To be sure, the women who do make it to the top are highly committed to their profession. On closer examination, however, it turns out that most of them have something else in common: they are genuine superwomen. Consider the number of women recently in the top ranks in Washington—Susan Rice, Elizabeth Sherwood-Randall, Michelle Gavin, Nancy-Ann Min DeParle—who are Rhodes Scholars. Samantha Power, another senior White House official, won a Pulitzer Prize at age 32. Or consider Sandberg herself, who graduated with the prize given to Harvard’s top student of economics. These women cannot possibly be the standard against which even very talented professional women should measure themselves. Such a standard sets up most women for a sense of failure.

What’s more, among those who have made it to the top, a balanced life still is more elusive for women than it is for men. A simple measure is how many women in top positions have children compared with their male colleagues. Every male Supreme Court justice has a family. Two of the three female justices are single with no children. And the third, Ruth Bader Ginsburg, began her career as a judge only when her younger child was almost grown. The pattern is the same at the National Security Council: Condoleezza Rice, the first and only woman national-security adviser, is also the only national-security adviser since the 1950s not to have a family.

The line of high-level women appointees in the Obama administration is one woman deep. Virtually all of us who have stepped down have been succeeded by men; searches for women to succeed men in similar positions come up empty. Just about every woman who could plausibly be tapped is already in government. The rest of the foreign-policy world is not much better; Micah Zenko, a fellow at the Council on Foreign Relations, recently surveyed the best data he could find across the government, the military, the academy, and think tanks, and found that women hold fewer than 30 percent of the senior foreign-policy positions in each of these institutions.

These numbers are all the more striking when we look back to the 1980s, when women now in their late 40s and 50s were coming out of graduate school, and remember that our classes were nearly 50-50 men and women. We were sure then that by now, we would be living in a 50-50 world. Something derailed that dream.

Sandberg thinks that “something” is an “ambition gap”—that women do not dream big enough. I am all for encouraging young women to reach for the stars. But I fear that the obstacles that keep women from reaching the top are rather more prosaic than the scope of their ambition. My longtime and invaluable assistant, who has a doctorate and juggles many balls as the mother of teenage twins, e-mailed me while I was working on this article: “You know what would help the vast majority of women with work/family balance? MAKE SCHOOL SCHEDULES MATCH WORK SCHEDULES.” The present system, she noted, is based on a society that no longer exists—one in which farming was a major occupation and stay-at-home moms were the norm. Yet the system hasn’t changed.

Consider some of the responses of women interviewed by Zenko about why “women are significantly underrepresented in foreign policy and national security positions in government, academia, and think tanks.” Juliette Kayyem, who served as an assistant secretary in the Department of Homeland Security from 2009 to 2011 and now writes a foreign-policy and national-security column for The Boston Globe, told Zenko that among other reasons,
the basic truth is also this: the travel sucks. As my youngest of three children is now 6, I can look back at the years when they were all young and realize just how disruptive all the travel was. There were also trips I couldn’t take because I was pregnant or on leave, the conferences I couldn’t attend because (note to conference organizers: weekends are a bad choice) kids would be home from school, and the various excursions that were offered but just couldn’t be managed.
Jolynn Shoemaker, the director of Women in International Security, agreed: “Inflexible schedules, unrelenting travel, and constant pressure to be in the office are common features of these jobs.”
These “mundane” issues—the need to travel constantly to succeed, the conflicts between school schedules and work schedules, the insistence that work be done in the office—cannot be solved by exhortations to close the ambition gap. I would hope to see commencement speeches that finger America’s social and business policies, rather than women’s level of ambition, in explaining the dearth of women at the top. But changing these policies requires much more than speeches. It means fighting the mundane battles—every day, every year—in individual workplaces, in legislatures, and in the media.

It’s possible if you marry the right person.

Sandberg’s second message in her Barnard commencement address was: “The most important career decision you’re going to make is whether or not you have a life partner and who that partner is.” Lisa Jackson, the administrator of the Environmental Protection Agency, recently drove that message home to an audience of Princeton students and alumni gathered to hear her acceptance speech for the James Madison Medal. During the Q&A session, an audience member asked her how she managed her career and her family. She laughed and pointed to her husband in the front row, saying: “There’s my work-life balance.” I could never have had the career I have had without my husband, Andrew Moravcsik, who is a tenured professor of politics and international affairs at Princeton. Andy has spent more time with our sons than I have, not only on homework, but also on baseball, music lessons, photography, card games, and more. When each of them had to bring in a foreign dish for his fourth-grade class dinner, Andy made his grandmother’s Hungarian palacsinta; when our older son needed to memorize his lines for a lead role in a school play, he turned to Andy for help.

Still, the proposition that women can have high-powered careers as long as their husbands or partners are willing to share the parenting load equally (or disproportionately) assumes that most women will feel as comfortable as men do about being away from their children, as long as their partner is home with them. In my experience, that is simply not the case.

Here I step onto treacherous ground, mined with stereotypes. From years of conversations and observations, however, I’ve come to believe that men and women respond quite differently when problems at home force them to recognize that their absence is hurting a child, or at least that their presence would likely help. I do not believe fathers love their children any less than mothers do, but men do seem more likely to choose their job at a cost to their family, while women seem more likely to choose their family at a cost to their job.

Many factors determine this choice, of course. Men are still socialized to believe that their primary family obligation is to be the breadwinner; women, to believe that their primary family obligation is to be the caregiver. But it may be more than that. When I described the choice between my children and my job to Senator Jeanne Shaheen, she said exactly what I felt: “There’s really no choice.” She wasn’t referring to social expectations, but to a maternal imperative felt so deeply that the “choice” is reflexive.

Men and women also seem to frame the choice differently. In Midlife Crisis at 30, Mary Matalin recalls her days working as President Bush’s assistant and Vice President Cheney’s counselor:
Even when the stress was overwhelming—those days when I’d cry in the car on the way to work, asking myself “Why am I doing this??”—I always knew the answer to that question: I believe in this president.
But Matalin goes on to describe her choice to leave in words that are again uncannily similar to the explanation I have given so many people since leaving the State Department:
I finally asked myself, “Who needs me more?” And that’s when I realized, it’s somebody else’s turn to do this job. I’m indispensable to my kids, but I’m not close to indispensable to the White House.
To many men, however, the choice to spend more time with their children, instead of working long hours on issues that affect many lives, seems selfish. Male leaders are routinely praised for having sacrificed their personal life on the altar of public or corporate service. That sacrifice, of course, typically involves their family. Yet their children, too, are trained to value public service over private responsibility. At the diplomat Richard Holbrooke’s memorial service, one of his sons told the audience that when he was a child, his father was often gone, not around to teach him to throw a ball or to watch his games. But as he grew older, he said, he realized that Holbrooke’s absence was the price of saving people around the world—a price worth paying.

It is not clear to me that this ethical framework makes sense for society. Why should we want leaders who fall short on personal responsibilities? Perhaps leaders who invested time in their own families would be more keenly aware of the toll their public choices—on issues from war to welfare—take on private lives. (Kati Marton, Holbrooke’s widow and a noted author, says that although Holbrooke adored his children, he came to appreciate the full importance of family only in his 50s, at which point he became a very present parent and grandparent, while continuing to pursue an extraordinary public career.) Regardless, it is clear which set of choices society values more today. Workers who put their careers first are typically rewarded; workers who choose their families are overlooked, disbelieved, or accused of unprofessionalism.

In sum, having a supportive mate may well be a necessary condition if women are to have it all, but it is not sufficient. If women feel deeply that turning down a promotion that would involve more travel, for instance, is the right thing to do, then they will continue to do that. Ultimately, it is society that must change, coming to value choices to put family ahead of work just as much as those to put work ahead of family. If we really valued those choices, we would value the people who make them; if we valued the people who make them, we would do everything possible to hire and retain them; if we did everything possible to allow them to combine work and family equally over time, then the choices would get a lot easier.

It’s possible if you sequence it right.

Young women should be wary of the assertion “You can have it all; you just can’t have it all at once.” This 21st-century addendum to the original line is now proffered by many senior women to their younger mentees. To the extent that it means, in the words of one working mother, “I’m going to do my best and I’m going to keep the long term in mind and know that it’s not always going to be this hard to balance,” it is sound advice. But to the extent that it means that women can have it all if they just find the right sequence of career and family, it’s cheerfully wrong.

The most important sequencing issue is when to have children. Many of the top women leaders of the generation just ahead of me—Madeleine Albright, Hillary Clinton, Ruth Bader Ginsburg, Sandra Day O’Connor, Patricia Wald, Nannerl Keohane—had their children in their 20s and early 30s, as was the norm in the 1950s through the 1970s. A child born when his mother is 25 will finish high school when his mother is 43, an age at which, with full-time immersion in a career, she still has plenty of time and energy for advancement.

Yet this sequence has fallen out of favor with many high-potential women, and understandably so. People tend to marry later now, and anyway, if you have children earlier, you may have difficulty getting a graduate degree, a good first job, and opportunities for advancement in the crucial early years of your career. Making matters worse, you will also have less income while raising your children, and hence less ability to hire the help that can be indispensable to your juggling act.

When I was the dean, the Woodrow Wilson School created a program called Pathways to Public Service, aimed at advising women whose children were almost grown about how to go into public service, and many women still ask me about the best “on-ramps” to careers in their mid-40s. Honestly, I’m not sure what to tell most of them. Unlike the pioneering women who entered the workforce after having children in the 1970s, these women are competing with their younger selves. Government and NGO jobs are an option, but many careers are effectively closed off. Personally, I have never seen a woman in her 40s enter the academic market successfully, or enter a law firm as a junior associate, Alicia Florrick of The Good Wife notwithstanding.

These considerations are why so many career women of my generation chose to establish themselves in their careers first and have children in their mid-to-late 30s. But that raises the possibility of spending long, stressful years and a small fortune trying to have a baby. I lived that nightmare: for three years, beginning at age 35, I did everything possible to conceive and was frantic at the thought that I had simply left having a biological child until it was too late.

And when everything does work out? I had my first child at 38 (and counted myself blessed) and my second at 40. That means I will be 58 when both of my children are out of the house. What’s more, it means that many peak career opportunities are coinciding precisely with their teenage years, when, experienced parents advise, being available as a parent is just as important as in the first years of a child’s life.

Many women of my generation have found themselves, in the prime of their careers, saying no to opportunities they once would have jumped at and hoping those chances come around again later. Many others who have decided to step back for a while, taking on consultant positions or part-time work that lets them spend more time with their children (or aging parents), are worrying about how long they can “stay out” before they lose the competitive edge they worked so hard to acquire.

Given the way our work culture is oriented today, I recommend establishing yourself in your career first but still trying to have kids before you are 35—or else freeze your eggs, whether you are married or not. You may well be a more mature and less frustrated parent in your 30s or 40s; you are also more likely to have found a lasting life partner. But the truth is, neither sequence is optimal, and both involve trade-offs that men do not have to make.

You should be able to have a family if you want one—however and whenever your life circumstances allow—and still have the career you desire. If more women could strike this balance, more women would reach leadership positions. And if more women were in leadership positions, they could make it easier for more women to stay in the workforce. The rest of this essay details how.
Changing the Culture of Face Time
Back in the Reagan administration, a New York Times story about the ferociously competitive budget director Dick Darman reported, “Mr. Darman sometimes managed to convey the impression that he was the last one working in the Reagan White House by leaving his suit coat on his chair and his office light burning after he left for home.” (Darman claimed that it was just easier to leave his suit jacket in the office so he could put it on again in the morning, but his record of psychological manipulation suggests otherwise.)

The culture of “time macho”—a relentless competition to work harder, stay later, pull more all-nighters, travel around the world and bill the extra hours that the international date line affords you—remains astonishingly prevalent among professionals today. Nothing captures the belief that more time equals more value better than the cult of billable hours afflicting large law firms across the country and providing exactly the wrong incentives for employees who hope to integrate work and family. Yet even in industries that don’t explicitly reward sheer quantity of hours spent on the job, the pressure to arrive early, stay late, and be available, always, for in-person meetings at 11 a.m. on Saturdays can be intense. Indeed, by some measures, the problem has gotten worse over time: a study by the Center for American Progress reports that nationwide, the share of all professionals—women and men—working more than 50 hours a week has increased since the late 1970s.

But more time in the office does not always mean more “value added”—and it does not always add up to a more successful organization. In 2009, Sandra Pocharski, a senior female partner at Monitor Group and the head of the firm’s Leadership and Organization practice, commissioned a Harvard Business School professor to assess the factors that helped or hindered women’s effectiveness and advancement at Monitor. The study found that the company’s culture was characterized by an “always on” mode of working, often without due regard to the impact on employees. Pocharski observed:
Clients come first, always, and sometimes burning the midnight oil really does make the difference between success and failure. But sometimes we were just defaulting to behavior that overloaded our people without improving results much, if at all. We decided we needed managers to get better at distinguishing between these categories, and to recognize the hidden costs of assuming that “time is cheap.” When that time doesn’t add a lot of value and comes at a high cost to talented employees, who will leave when the personal cost becomes unsustainable—well, that is clearly a bad outcome for everyone.
I have worked very long hours and pulled plenty of all-nighters myself over the course of my career, including a few nights on my office couch during my two years in D.C. Being willing to put the time in when the job simply has to get done is rightfully a hallmark of a successful professional. But looking back, I have to admit that my assumption that I would stay late made me much less efficient over the course of the day than I might have been, and certainly less so than some of my colleagues, who managed to get the same amount of work done and go home at a decent hour. If Dick Darman had had a boss who clearly valued prioritization and time management, he might have found reason to turn out the lights and take his jacket home.

Long hours are one thing, and realistically, they are often unavoidable. But do they really need to be spent at the office? To be sure, being in the office some of the time is beneficial. In-person meetings can be far more efficient than phone or e-mail tag; trust and collegiality are much more easily built up around the same physical table; and spontaneous conversations often generate good ideas and lasting relationships. Still, armed with e-mail, instant messaging, phones, and videoconferencing technology, we should be able to move to a culture where the office is a base of operations more than the required locus of work.

Being able to work from home—in the evening after children are put to bed, or during their sick days or snow days, and at least some of the time on weekends—can be the key, for mothers, to carrying your full load versus letting a team down at crucial moments. State-of-the-art videoconferencing facilities can dramatically reduce the need for long business trips. These technologies are making inroads, and allowing easier integration of work and family life.

According to the Women’s Business Center, 61 percent of women business owners use technology to “integrate the responsibilities of work and home”; 44 percent use technology to allow employees “to work off-site or to have flexible work schedules.” Yet our work culture still remains more office-centered than it needs to be, especially in light of technological advances.

One way to change that is by changing the “default rules” that govern office work—the baseline expectations about when, where, and how work will be done. As behavioral economists well know, these baselines can make an enormous difference in the way people act. It is one thing, for instance, for an organization to allow phone-ins to a meeting on an ad hoc basis, when parenting and work schedules collide—a system that’s better than nothing, but likely to engender guilt among those calling in, and possibly resentment among those in the room. It is quite another for that organization to declare that its policy will be to schedule in-person meetings, whenever possible, during the hours of the school day—a system that might normalize call-ins for those (rarer) meetings still held in the late afternoon.

One real-world example comes from the British Foreign and Commonwealth Office, a place most people are more likely to associate with distinguished gentlemen in pinstripes than with progressive thinking about work-family balance. Like so many other places, however, the FCO worries about losing talented members of two-career couples around the world, particularly women. So it recently changed its basic policy from a default rule that jobs have to be done on-site to one that assumes that some jobs might be done remotely, and invites workers to make the case for remote work. Kara Owen, a career foreign-service officer who was the FCO’s diversity director and will soon become the British deputy ambassador to France, writes that she has now done two remote jobs. Before her current maternity leave, she was working a London job from Dublin to be with her partner, using teleconferencing technology and timing her trips to London to coincide “with key meetings where I needed to be in the room (or chatting at the pre-meeting coffee) to have an impact, or to do intensive ‘network maintenance.’” In fact, she writes, “I have found the distance and quiet to be a real advantage in a strategic role, providing I have put in the investment up front to develop very strong personal relationships with the game changers.” Owen recognizes that not every job can be done this way. But she says that for her part, she has been able to combine family requirements with her career.

Changes in default office rules should not advantage parents over other workers; indeed, done right, they can improve relations among co-workers by raising their awareness of each other’s circumstances and instilling a sense of fairness. Two years ago, the ACLU Foundation of Massachusetts decided to replace its “parental leave” policy with a “family leave” policy that provides for as much as 12 weeks of leave not only for new parents, but also for employees who need to care for a spouse, child, or parent with a serious health condition. According to Director Carol Rose, “We wanted a policy that took into account the fact that even employees who do not have children have family obligations.” The policy was shaped by the belief that giving women “special treatment” can “backfire if the broader norms shaping the behavior of all employees do not change.” When I was the dean of the Wilson School, I managed with the mantra “Family comes first”—any family—and found that my employees were both productive and intensely loyal.

None of these changes will happen by themselves, and reasons to avoid them will seldom be hard to find. But obstacles and inertia are usually surmountable if leaders are open to changing their assumptions about the workplace. The use of technology in many high-level government jobs, for instance, is complicated by the need to have access to classified information. But in 2009, Deputy Secretary of State James Steinberg, who shares the parenting of his two young daughters equally with his wife, made getting such access at home an immediate priority so that he could leave the office at a reasonable hour and participate in important meetings via videoconferencing if necessary. I wonder how many women in similar positions would be afraid to ask, lest they be seen as insufficiently committed to their jobs.
Revaluing Family Values
While employers shouldn’t privilege parents over other workers, too often they end up doing the opposite, usually subtly, and usually in ways that make it harder for a primary caregiver to get ahead. Many people in positions of power seem to place a low value on child care in comparison with other outside activities. Consider the following proposition: An employer has two equally talented and productive employees. One trains for and runs marathons when he is not working. The other takes care of two children. What assumptions is the employer likely to make about the marathon runner? That he gets up in the dark every day and logs an hour or two running before even coming into the office, or drives himself to get out there even after a long day. That he is ferociously disciplined and willing to push himself through distraction, exhaustion, and days when nothing seems to go right in the service of a goal far in the distance. That he must manage his time exceptionally well to squeeze all of that in.

Be honest: Do you think the employer makes those same assumptions about the parent? Even though she likely rises in the dark hours before she needs to be at work, organizes her children’s day, makes breakfast, packs lunch, gets them off to school, figures out shopping and other errands even if she is lucky enough to have a housekeeper—and does much the same work at the end of the day. Cheryl Mills, Hillary Clinton’s indefatigable chief of staff, has twins in elementary school; even with a fully engaged husband, she famously gets up at four every morning to check and send e-mails before her kids wake up. Louise Richardson, now the vice chancellor of the University of St. Andrews, in Scotland, combined an assistant professorship in government at Harvard with mothering three young children. She organized her time so ruthlessly that she always keyed in 1:11 or 2:22 or 3:33 on the microwave rather than 1:00, 2:00, or 3:00, because hitting the same number three times took less time.

Elizabeth Warren, who is now running for the U.S. Senate in Massachusetts, has a similar story. When she had two young children and a part-time law practice, she struggled to find enough time to write the papers and articles that would help get her an academic position. In her words:
I needed a plan. I figured out that writing time was when Alex was asleep. So the minute I put him down for a nap or he fell asleep in the baby swing, I went to my desk and started working on something—footnotes, reading, outlining, writing … I learned to do everything else with a baby on my hip.
The discipline, organization, and sheer endurance it takes to succeed at top levels with young children at home is easily comparable to running 20 to 40 miles a week. But that’s rarely how employers see things, not only when making allowances, but when making promotions. Perhaps because people choose to have children? People also choose to run marathons.

One final example: I have worked with many Orthodox Jewish men who observed the Sabbath from sundown on Friday until sundown on Saturday. Jack Lew, the two-time director of the Office of Management and Budget, former deputy secretary of state for management and resources, and now White House chief of staff, is a case in point. Jack’s wife lived in New York when he worked in the State Department, so he would leave the office early enough on Friday afternoon to take the shuttle to New York and a taxi to his apartment before sundown. He would not work on Friday after sundown or all day Saturday. Everyone who knew him, including me, admired his commitment to his faith and his ability to carve out the time for it, even with an enormously demanding job.

It is hard to imagine, however, that we would have the same response if a mother told us she was blocking out mid-Friday afternoon through the end of the day on Saturday, every week, to spend time with her children. I suspect this would be seen as unprofessional, an imposition of unnecessary costs on co-workers. In fact, of course, one of the great values of the Sabbath—whether Jewish or Christian—is precisely that it carves out a family oasis, with rituals and a mandatory setting-aside of work.

Our assumptions are just that: things we believe that are not necessarily so. Yet what we assume has an enormous impact on our perceptions and responses. Fortunately, changing our assumptions is up to us.
Redefining the Arc of a Successful Career
The American definition of a successful professional is someone who can climb the ladder the furthest in the shortest time, generally peaking between ages 45 and 55. It is a definition well suited to the mid-20th century, an era when people had kids in their 20s, stayed in one job, retired at 67, and were dead, on average, by age 71.

It makes far less sense today. Average life expectancy for people in their 20s has increased to 80; men and women in good health can easily work until they are 75. They can expect to have multiple jobs and even multiple careers throughout their working life. Couples marry later, have kids later, and can expect to live on two incomes. They may well retire earlier—the average retirement age has gone down from 67 to 63—but that is commonly “retirement” only in the sense of collecting retirement benefits. Many people go on to “encore” careers.

Assuming the priceless gifts of good health and good fortune, a professional woman can thus expect her working life to stretch some 50 years, from her early or mid-20s to her mid-70s. It is reasonable to assume that she will build her credentials and establish herself, at least in her first career, between 22 and 35; she will have children, if she wants them, sometime between 25 and 45; she’ll want maximum flexibility and control over her time in the 10 years that her children are 8 to 18; and she should plan to take positions of maximum authority and demands on her time after her children are out of the house. Women who have children in their late 20s can expect to immerse themselves completely in their careers in their late 40s, with plenty of time still to rise to the top in their late 50s and early 60s. Women who make partner, managing director, or senior vice president; get tenure; or establish a medical practice before having children in their late 30s should be coming back on line for the most demanding jobs at almost exactly the same age.

Along the way, women should think about the climb to leadership not in terms of a straight upward slope, but as irregular stair steps, with periodic plateaus (and even dips) when they turn down promotions to remain in a job that works for their family situation; when they leave high-powered jobs and spend a year or two at home on a reduced schedule; or when they step off a conventional professional track to take a consulting position or project-based work for a number of years. I think of these plateaus as “investment intervals.” My husband and I took a sabbatical in Shanghai, from August 2007 to May 2008, right in the thick of an election year when many of my friends were advising various candidates on foreign-policy issues. We thought of the move in part as “putting money in the family bank,” taking advantage of the opportunity to spend a close year together in a foreign culture. But we were also investing in our children’s ability to learn Mandarin and in our own knowledge of Asia.

Peaking in your late 50s and early 60s rather than your late 40s and early 50s makes particular sense for women, who live longer than men. And many of the stereotypes about older workers simply do not hold. A 2006 survey of human-resources professionals shows that only 23 percent think older workers are less flexible than younger workers; only 11 percent think older workers require more training than younger workers; and only 7 percent think older workers have less drive than younger workers.

Whether women will really have the confidence to stair-step their careers, however, will again depend in part on perceptions. Slowing down the rate of promotions, taking time out periodically, pursuing an alternative path during crucial parenting or parent-care years—all have to become more visible and more noticeably accepted as a pause rather than an opt-out. (In an encouraging sign, Mass Career Customization, a 2007 book by Cathleen Benko and Anne Weisberg arguing that “today’s career is no longer a straight climb up the corporate ladder, but rather a combination of climbs, lateral moves, and planned descents,” was a Wall Street Journal best seller.)

Institutions can also take concrete steps to promote this acceptance. For instance, in 1970, Princeton established a tenure-extension policy that allowed female assistant professors expecting a child to request a one-year extension on their tenure clocks. This policy was later extended to men, and broadened to include adoptions. In the early 2000s, two reports on the status of female faculty discovered that only about 3 percent of assistant professors requested tenure extensions in a given year. And in response to a survey question, women were much more likely than men to think that a tenure extension would be detrimental to an assistant professor’s career.

So in 2005, under President Shirley Tilghman, Princeton changed the default rule. The administration announced that all assistant professors, female and male, who had a new child would automatically receive a one-year extension on the tenure clock, with no opt-outs allowed. Instead, assistant professors could request early consideration for tenure if they wished. The number of assistant professors who receive a tenure extension has tripled since the change.

One of the best ways to move social norms in this direction is to choose and celebrate different role models. New Jersey Governor Chris Christie and I are poles apart politically, but he went way up in my estimation when he announced that one reason he decided against running for president in 2012 was the impact his campaign would have had on his children. He reportedly made clear at a fund-raiser in Louisiana that he didn’t want to be away from his children for long periods of time; according to a Republican official at the event, he said that “his son [missed] him after being gone for the three days on the road, and that he needed to get back.” He may not get my vote if and when he does run for president, but he definitely gets my admiration (providing he doesn’t turn around and join the GOP ticket this fall).

If we are looking for high-profile female role models, we might begin with Michelle Obama. She started out with the same résumé as her husband, but has repeatedly made career decisions designed to let her do work she cared about and also be the kind of parent she wanted to be. She moved from a high-powered law firm first to Chicago city government and then to the University of Chicago shortly before her daughters were born, a move that let her work only 10 minutes away from home. She has spoken publicly and often about her initial concerns that her husband’s entry into politics would be bad for their family life, and about her determination to limit her participation in the presidential election campaign to have more time at home. Even as first lady, she has been adamant that she be able to balance her official duties with family time. We should see her as a full-time career woman, but one who is taking a very visible investment interval. We should celebrate her not only as a wife, mother, and champion of healthy eating, but also as a woman who has had the courage and judgment to invest in her daughters when they need her most. And we should expect a glittering career from her after she leaves the White House and her daughters leave for college.
Rediscovering the Pursuit of Happiness
One of the most complicated and surprising parts of my journey out of Washington was coming to grips with what I really wanted. I had opportunities to stay on, and I could have tried to work out an arrangement allowing me to spend more time at home. I might have been able to get my family to join me in Washington for a year; I might have been able to get classified technology installed at my house the way Jim Steinberg did; I might have been able to commute only four days a week instead of five. (While this last change would have still left me very little time at home, given the intensity of my job, it might have made the job doable for another year or two.) But I realized that I didn’t just need to go home. Deep down, I wanted to go home. I wanted to be able to spend time with my children in the last few years that they are likely to live at home, crucial years for their development into responsible, productive, happy, and caring adults. But also irreplaceable years for me to enjoy the simple pleasures of parenting—baseball games, piano recitals, waffle breakfasts, family trips, and goofy rituals. My older son is doing very well these days, but even when he gives us a hard time, as all teenagers do, being home to shape his choices and help him make good decisions is deeply satisfying.

The flip side of my realization is captured in Macko and Rubin’s ruminations on the importance of bringing the different parts of their lives together as 30-year-old women:
If we didn’t start to learn how to integrate our personal, social, and professional lives, we were about five years away from morphing into the angry woman on the other side of a mahogany desk who questions her staff’s work ethic after standard 12-hour workdays, before heading home to eat moo shoo pork in her lonely apartment.
Women have contributed to the fetish of the one-dimensional life, albeit by necessity. The pioneer generation of feminists walled off their personal lives from their professional personas to ensure that they could never be discriminated against for a lack of commitment to their work. When I was a law student in the 1980s, many women who were then climbing the legal hierarchy in New York firms told me that they never admitted to taking time out for a child’s doctor appointment or school performance, but instead invented a much more neutral excuse.

Today, however, women in power can and should change that environment, although change is not easy. When I became dean of the Woodrow Wilson School, in 2002, I decided that one of the advantages of being a woman in power was that I could help change the norms by deliberately talking about my children and my desire to have a balanced life. Thus, I would end faculty meetings at 6 p.m. by saying that I had to go home for dinner; I would also make clear to all student organizations that I would not come to dinner with them, because I needed to be home from six to eight, but that I would often be willing to come back after eight for a meeting. I also once told the Dean’s Advisory Committee that the associate dean would chair the next session so I could go to a parent-teacher conference.

After a few months of this, several female assistant professors showed up in my office quite agitated. “You have to stop talking about your kids,” one said. “You are not showing the gravitas that people expect from a dean, which is particularly damaging precisely because you are the first woman dean of the school.” I told them that I was doing it deliberately and continued my practice, but it is interesting that gravitas and parenthood don’t seem to go together.

Ten years later, whenever I am introduced at a lecture or other speaking engagement, I insist that the person introducing me mention that I have two sons. It seems odd to me to list degrees, awards, positions, and interests and not include the dimension of my life that is most important to me—and takes an enormous amount of my time. As Secretary Clinton once said in a television interview in Beijing when the interviewer asked her about Chelsea’s upcoming wedding: “That’s my real life.” But I notice that my male introducers are typically uncomfortable when I make the request. They frequently say things like “And she particularly wanted me to mention that she has two sons”—thereby drawing attention to the unusual nature of my request, when my entire purpose is to make family references routine and normal in professional life.

This does not mean that you should insist that your colleagues spend time cooing over pictures of your baby or listening to the prodigious accomplishments of your kindergartner. It does mean that if you are late coming in one week, because it is your turn to drive the kids to school, that you be honest about what you are doing. Indeed, Sheryl Sandberg recently acknowledged not only that she leaves work at 5:30 to have dinner with her family, but also that for many years she did not dare make this admission, even though she would of course make up the work time later in the evening. Her willingness to speak out now is a strong step in the right direction.

Seeking out a more balanced life is not a women’s issue; balance would be better for us all. Bronnie Ware, an Australian blogger who worked for years in palliative care and is the author of the 2011 book The Top Five Regrets of the Dying, writes that the regret she heard most often was

“I wish I’d had the courage to live a life true to myself, not the life others expected of me.” The second-most-common regret was “I wish I didn’t work so hard.” She writes: “This came from every male patient that I nursed. They missed their children’s youth and their partner’s companionship.”

Juliette Kayyem, who several years ago left the Department of Homeland Security soon after her husband, David Barron, left a high position in the Justice Department, says their joint decision to leave Washington and return to Boston sprang from their desire to work on the “happiness project,” meaning quality time with their three children. (She borrowed the term from her friend Gretchen Rubin, who wrote a best-selling book and now runs a blog with that name.)

It’s time to embrace a national happiness project. As a daughter of Charlottesville, Virginia, the home of Thomas Jefferson and the university he founded, I grew up with the Declaration of Independence in my blood. Last I checked, he did not declare American independence in the name of life, liberty, and professional success. Let us rediscover the pursuit of happiness, and let us start at home.
Innovation Nation
As I write this, I can hear the reaction of some readers to many of the proposals in this essay: It’s all fine and well for a tenured professor to write about flexible working hours, investment intervals, and family-comes-first management. But what about the real world? Most American women cannot demand these things, particularly in a bad economy, and their employers have little incentive to grant them voluntarily. Indeed, the most frequent reaction I get in putting forth these ideas is that when the choice is whether to hire a man who will work whenever and wherever needed, or a woman who needs more flexibility, choosing the man will add more value to the company.

In fact, while many of these issues are hard to quantify and measure precisely, the statistics seem to tell a different story. A seminal study of 527 U.S. companies, published in the Academy of Management Journal in 2000, suggests that “organizations with more extensive work-family policies have higher perceived firm-level performance” among their industry peers. These findings accorded with a 2003 study conducted by Michelle Arthur at the University of New Mexico. Examining 130 announcements of family-friendly policies in The Wall Street Journal, Arthur found that the announcements alone significantly improved share prices. In 2011, a study on flexibility in the workplace by Ellen Galinsky, Kelly Sakai, and Tyler Wigton of the Families and Work Institute showed that increased flexibility correlates positively with job engagement, job satisfaction, employee retention, and employee health.

This is only a small sampling from a large and growing literature trying to pin down the relationship between family-friendly policies and economic performance. Other scholars have concluded that good family policies attract better talent, which in turn raises productivity, but that the policies themselves have no impact on productivity. Still others argue that results attributed to these policies are actually a function of good management overall. What is evident, however, is that many firms that recruit and train well-educated professional women are aware that when a woman leaves because of bad work-family balance, they are losing the money and time they invested in her.

Even the legal industry, built around the billable hour, is taking notice. Deborah Epstein Henry, a former big-firm litigator, is now the president of Flex-Time Lawyers, a national consulting firm focused partly on strategies for the retention of female attorneys. In her book Law and Reorder, published by the American Bar Association in 2010, she describes a legal profession “where the billable hour no longer works”; where attorneys, judges, recruiters, and academics all agree that this system of compensation has perverted the industry, leading to brutal work hours, massive inefficiency, and highly inflated costs. The answer—already being deployed in different corners of the industry—is a combination of alternative fee structures, virtual firms, women-owned firms, and the outsourcing of discrete legal jobs to other jurisdictions. Women, and Generation X and Y lawyers more generally, are pushing for these changes on the supply side; clients determined to reduce legal fees and increase flexible service are pulling on the demand side. Slowly, change is happening.

At the core of all this is self-interest. Losing smart and motivated women not only diminishes a company’s talent pool; it also reduces the return on its investment in training and mentoring. In trying to address these issues, some firms are finding out that women’s ways of working may just be better ways of working, for employees and clients alike.

Experts on creativity and innovation emphasize the value of encouraging nonlinear thinking and cultivating randomness by taking long walks or looking at your environment from unusual angles. In their new book, A New Culture of Learning: Cultivating the Imagination for a World of Constant Change, the innovation gurus John Seely Brown and Douglas Thomas write, “We believe that connecting play and imagination may be the single most important step in unleashing the new culture of learning.”

Space for play and imagination is exactly what emerges when rigid work schedules and hierarchies loosen up. Skeptics should consider the “California effect.” California is the cradle of American innovation—in technology, entertainment, sports, food, and lifestyles. It is also a place where people take leisure as seriously as they take work; where companies like Google deliberately encourage play, with Ping-Pong tables, light sabers, and policies that require employees to spend one day a week working on whatever they wish. Charles Baudelaire wrote: “Genius is nothing more nor less than childhood recovered at will.” Google apparently has taken note.

No parent would mistake child care for childhood. Still, seeing the world anew through a child’s eyes can be a powerful source of stimulation. When the Nobel laureate Thomas Schelling wrote The Strategy of Conflict, a classic text applying game theory to conflicts among nations, he frequently drew on child-rearing for examples of when deterrence might succeed or fail. “It may be easier to articulate the peculiar difficulty of constraining [a ruler] by the use of threats,” he wrote, “when one is fresh from a vain attempt at using threats to keep a small child from hurting a dog or a small dog from hurting a child.”

The books I’ve read with my children, the silly movies I’ve watched, the games I’ve played, questions I’ve answered, and people I’ve met while parenting have broadened my world. Another axiom of the literature on innovation is that the more often people with different perspectives come together, the more likely creative ideas are to emerge. Giving workers the ability to integrate their non-work lives with their work—whether they spend that time mothering or marathoning—will open the door to a much wider range of influences and ideas.
Enlisting Men
Perhaps the most encouraging news of all for achieving the sorts of changes that I have proposed is that men are joining the cause. In commenting on a draft of this article, Martha Minow, the dean of the Harvard Law School, wrote me that one change she has observed during 30 years of teaching law at Harvard is that today many young men are asking questions about how they can manage a work-life balance. And more systematic research on Generation Y confirms that many more men than in the past are asking questions about how they are going to integrate active parenthood with their professional lives.

Abstract aspirations are easier than concrete trade-offs, of course. These young men have not yet faced the question of whether they are prepared to give up that more prestigious clerkship or fellowship, decline a promotion, or delay their professional goals to spend more time with their children and to support their partner’s career.
Yet once work practices and work culture begin to evolve, those changes are likely to carry their own momentum. Kara Owen, the British foreign-service officer who worked a London job from Dublin, wrote me in an e-mail:
I think the culture on flexible working started to change the minute the Board of Management (who were all men at the time) started to work flexibly—quite a few of them started working one day a week from home.
Men have, of course, become much more involved parents over the past couple of decades, and that, too, suggests broad support for big changes in the way we balance work and family. It is noteworthy that both James Steinberg, deputy secretary of state, and William Lynn, deputy secretary of defense, stepped down two years into the Obama administration so that they could spend more time with their children (for real).

Going forward, women would do well to frame work-family balance in terms of the broader social and economic issues that affect both women and men. After all, we have a new generation of young men who have been raised by full-time working mothers. Let us presume, as I do with my sons, that they will understand “supporting their families” to mean more than earning money.
I have been blessed to work with and be mentored by some extraordinary women. Watching Hillary Clinton in action makes me incredibly proud—of her intelligence, expertise, professionalism, charisma, and command of any audience. I get a similar rush when I see a front-page picture of Christine Lagarde, the managing director of the International Monetary Fund, and Angela Merkel, the chancellor of Germany, deep in conversation about some of the most important issues on the world stage; or of Susan Rice, the U.S. ambassador to the United Nations, standing up forcefully for the Syrian people in the Security Council.

These women are extraordinary role models. If I had a daughter, I would encourage her to look to them, and I want a world in which they are extraordinary but not unusual. Yet I also want a world in which, in Lisa Jackson’s words, “to be a strong woman, you don’t have to give up on the things that define you as a woman.” That means respecting, enabling, and indeed celebrating the full range of women’s choices. “Empowering yourself,” Jackson said in her speech at Princeton, “doesn’t have to mean rejecting motherhood, or eliminating the nurturing or feminine aspects of who you are.”

I gave a speech at Vassar last November and arrived in time to wander the campus on a lovely fall afternoon. It is a place infused with a spirit of community and generosity, filled with benches, walkways, public art, and quiet places donated by alumnae seeking to encourage contemplation and connection. Turning the pages of the alumni magazine (Vassar is now coed), I was struck by the entries of older alumnae, who greeted their classmates with Salve (Latin for “hello”) and wrote witty remembrances sprinkled with literary allusions. Theirs was a world in which women wore their learning lightly; their news is mostly of their children’s accomplishments. Many of us look back on that earlier era as a time when it was fine to joke that women went to college to get an “M.R.S.” And many women of my generation abandoned the Seven Sisters as soon as the formerly all-male Ivy League universities became coed. I would never return to the world of segregated sexes and rampant discrimination. But now is the time to revisit the assumption that women must rush to adapt to the “man’s world” that our mothers and mentors warned us about.
I continually push the young women in my classes to speak more. They must gain the confidence to value their own insights and questions, and to present them readily. My husband agrees, but he actually tries to get the young men in his classes to act more like the women—to speak less and listen more. If women are ever to achieve real equality as leaders, then we have to stop accepting male behavior and male choices as the default and the ideal. We must insist on changing social policies and bending career tracks to accommodate our choices, too. We have the power to do it if we decide to, and we have many men standing beside us.

We’ll create a better society in the process, for all women. We may need to put a woman in the White House before we are able to change the conditions of the women working at Walmart. But when we do, we will stop talking about whether women can have it all. We will properly focus on how we can help all Americans have healthy, happy, productive lives, valuing the people they love as much as the success they seek.

This article available online at:
http://www.theatlantic.com/magazine/archive/2012/07/why-women-still-can-8217-t-have-it-all/9020/
Copyright © 2012 by The Atlantic Monthly Group. All Rights Reserved.