Prisons and the high cost of poor decisions | Robert E. Rubin | TEDxSanQuentin 2016

In a pre-event conference call with the incarcerated TEDx organizers at San Quentin, former U.S. Treasury Secretary Robert E. Rubin learned the following: Four minutes and 26 seconds. That's all the collective time it took for a group of 28 men to make reactive decisions that resulted, so far, in them being been locked up for 715 years and counting. In this moving and personal talk, Rubin reflects on his experience preparing for his talk at San Quentin and how reactive, emotional decision making is taking a terrible toll on our nation's economic health. And that it's not just inmates who need to make better decisions if we want to have a healthy society and remain a globally competitive nation. Robert E. Rubin served as our nation's 70th Secretary of the Treasury from January 10, 1995 until July 2, 1999. He joined the Clinton Administration in 1993, serving in the White House as the first Director of the National Economic Council. In June 2007, Mr. Rubin was named Co-Chairman of the Council on Foreign Relations. He is Chairman of the Board of the Local Initiatives Support Corporation (LISC), the nation's leading community development support organization. He began his career in finance at Goldman, Sachs & Company in 1966, serving as Co-Senior Partner and Co-Chairman from 1990 to 1992. From 1999 to 2009, he served as a member of the Board of Directors at Citigroup and as a senior advisor to the company. Mr. Rubin is one of the founders of The Hamilton Project, an economic policy project housed at the Brookings Institution that offers a strategic vision and innovative policy proposals on how to create a growing economy that benefits more Americans.