The New Yorker takes on microfinance and social entrepreneurship
Ipienso highlights James Surowiecki's emphasis on mid-size over micro-business. There's a lot of need-to-hear in the piece, including this:
The cult of the entrepreneur that the microfinance boom has helped foster is understandably appealing. But thinking that everyone is, and should be, an entrepreneur leads us to underrate the virtues of larger businesses and of the income that a steady job can provide. To be sure, for some people the best route out of poverty will be a bank loan. But for most it’s going to be something much simpler: a regular paycheck.
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