Moral Hazard
The financial crisis threatens hopes to expand opportunities for underprivileged young people, but we can't afford not to invest in them.
Poverty
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Podcast
Joshua Silver - Bringing Vision to the Masses
In the United States, at least 60% of the population wears corrective lenses. Worldwide, in contrast, only 5% of the population does. Such statistics have led Josh Silver, Oxford atomic physicist, to conclude that more than half the world needs vision correction but doesn't have access to it. In this audio lecture, host of the Center for Social Innovation at Stanford, Silver shares how he decided to "do something useful for the world" by creating specialized, liquid-filled corrective lenses that are now worn by some 26,000 people in developing countries.
Poor in Body
Toxic environments knock impoverished kids’ systems out of kilter.
Review: Giving
The former president shares how ordinary citizens are helping to solve our big problems.
Podcast
Yasmina Zaidman - Using Market-Based Philanthropy
How can philanthropy and markets be used to promote international development? In this audio lecture, Yasmina Zaidman describes how the Acumen model supports microenterprises that are helping to alleviate poverty. She also shares the opportunities and challenges the organization faces.
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Design Thinking for Social Innovation
By working closely with the clients and consumers, design thinking allows high-impact solutions to social problems to bubble up from below rather than being imposed from the top.
The Problem With Fair Trade Coffee
Fair Trade-certified coffee is growing in sales, but strict certification requirements are resulting in uneven economic advantages for coffee growers and lower quality coffee for consumers.
Microfinance Misses Its Mark
Despite the hoopla over microfinance, it doesn't cure poverty. But stable jobs do. If societies are serious about helping the poorest of the poor, they should stop investing in microfinance and start supporting large, labor-intensive industries.
In Microfinance, Clients Must Come First
Few microfinance institutions articulate what, exactly, their ultimate goals are and how to achieve them. If the goal of microfinance is to alleviate poverty, the authors say, then MFIs should focus on helping their clients build successful enterprises, rather than on making more and bigger loans.
Romanticizing the Poor
Market solutions to poverty, which include services and products targeting consumers at the “bottom of the pyramid,” portray poor people as creative entrepreneurs and discerning consumers. Yet this rosy view of poverty-stricken people is not only wrong, but also harmful.