Social Policy

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Smoke and Mirrors

By Alana Conner

British American Tobacco Malaysia has won the favor of the Malaysian government and people by making donations to cultural institutions, funding scholarships, and developing youth smoking prevention programs. But can a tobacco company ever be socially responsible?

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Microfinance Misses Its Mark - Thumbnail

Microfinance Misses Its Mark

By Aneel Karnani 46

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.

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Romanticizing the Poor

By Aneel Karnani 17

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.

Jeffrey Sachs - Thumbnail

Jeffrey Sachs

By Eric Nee 9

Jeffrey Sachs believes we must lift a billion-plus people out of poverty while reducing our impact on the environment.