Making loans and fighting poverty are normally two of the least glamorous pursuits around, but put the two together and you have an economic innovation that has become not just popular but downright chic. The innovation - microfinance - involves making small loans to poor entrepreneurs, usually in developing countries.
James SurowieckiRelated topics
chic developing fighting innovation making poor poverty smallRelated quotes
Look, we're all the same a man is a fourteen-room house --in the bedroom he's asleep with his intelligent wife, in the living-room he's rolling around with some bareass girl, in the library he's paying his taxes, in the yard he's raising tomatoes, and in the cellar he's making a bomb to blow it all up.
Arthur Miller
No one can sense his own weakness is at least a small temptation is not allowed to afflict either his body or his soul. Then, comparing his weakness to the help of God, a man comes to know its magnitude. But whoever does not know that he needs God's help, let him make many prayers. Insofar as he multiplies them, in that measure will he be humbled.
Isaac the Syrian
Whoever has become a servant of the Lord fears only his Master. But whoever is without the fear of God is often afraid of his own shadow. Fearfulness is the daughter of unbelief. A proud soul is the slave of fear; hoping in itself, in comes to such a state that it is startled by a small noise, and is afraid of the dark.
John Climacus
My recent work on macroeconomics has stressed long-term issues, including the determinants of long-run economic growth. From the standpoint of fighting world poverty, nothing is more important than figuring out which policies differentiate the fast-growing countries from the slow-growing ones.
Robert Barro