The Richest are becoming richer. Poorer are becoming poorest

The Richest are becoming richer. Poorer are becoming poorest.Industrialists find ways to manufacture cheapest possible products. They are following a recent trend Make in India since India has a reputation to build world class projects and at cheapest costs....

Green vs Black Economy

Whats good for the world can be good for the business. Thats the core belief of industrial world. Based on rules of 19th and 20th century. The last two centuries and the 2 preceding that were the times of creating wealth and distributing it unfairly. The growth in...
“Microfinance usually ends up making poverty worse.”

“Microfinance usually ends up making poverty worse.”

This article originally appeared on The Guardian on June 10, 2015.   I’m always amazed at how many students show up each year in the classrooms of the London School of Economics, where I teach, quivering with excitement about microfinance and other...