September 12, 2007

What To Do?

Read a cool quote today. Here it is paraphrased. "If we are able to redistribute the wealth of the world equally, so that there was no absolute poverty among us, we would still be left with those able to create wealth, and those who after spending their new inheritance, would be right back where they began." It was an interesting thought to me, but troubling for what our actions should then be. Instead of just sending cash overseas, what should we be sending? Farming innovations or the equivalent of? Any thoughts?
0 comments

September 11, 2007

Kiva.org

Micro-loans: providing third-world entrepreneurs with the initial funding they need to create a profitable business that gets them out of poverty, in the form of an interest-free loan. The Nobel Peace Prize for economics last year went to Muhammad Yunus, founder of the Grameen Bank, for his studies and work regarding micro-loans as a possible answer to the problem of poverty. Feel free to visit Kiva.org and see what it's all about. It's crazy cool.
0 comments
  • Blog Archive