by Hugh Sinclair | Jul 31, 2015 | Opinion
Our fascination with microfinance began last century; the love affair in the mid-2000s. The United Nations declared 2005 as the year of microcredit. Muhammad Yunus and the Grameen Bank won the Nobel Peace Prize the following year. Little empirical evidence supporting...
by Zach Dawes Jr | Mar 12, 2013 | Opinion
“The poor will always be with you.” This somewhat dismal proclamation first appears in Deuteronomy 15 and is repeated in Matthew 26. These are weighty sources, so is it true that poverty must always exist? Muhammad Yunus, founder of Grameen Bank and winner...
by Vinoth Ramachandra | Jan 6, 2012 | Opinion
I return to Ha-Joon Chang’s debunking “23 Things They Don’t Tell You About Capitalism.” In one of his chapters, Chang argues that people in poor countries are generally more entrepreneurial than those in rich countries. Most citizens of rich...
