As Luck Would Have It
Why the U.S. and Europe have such different social spending policies.
Why the U.S. and Europe have such different social spending policies.
In the 2004 general election, California voters approved Proposition 71 by a vote of 59 percent. The initiative established a $3 billion bond measure to create the California Institute for Regenerative Medicine (CIRM) and fund stem cell research in the state of California. In this panel discussion, Prop 71 key players address the entrepreneurial challenges they have faced while pushing for a controversial, dramatic policy change.
Sidebar to "A Failure of Philanthropy:" donors may give the same once the tax law dust settles.
From the archives: American charity shortchanges the poor, and public policy is partly to blame.
Why states' nonprofit regulation rules may not be just unnecessary, but also unwise.
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.
Social entrepreneurship and social enterprise have become popular and positive rallying points for those trying to improve the world, but social innovation is a better vehicle for understanding and creating social change in all of its manifestations.
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.
A new approach to measuring poverty is needed, one that accounts for multiple factors such as housing, and regional economic differences.
Jeffrey Sachs believes we must lift a billion-plus people out of poverty while reducing our impact on the environment.