The Huffington Post carries a rare critique of big-ticket philanthropy. As philanthropists gain more influence and tread on issues previously in the public space, does the taxpayer have to subsidize their view on how public financing should be spent?
The OLPC project will launch its third iteration at this years CES, but 6 years after launch it may still not reach the elusive USD 100 target. Meanwhile, a small startup in Canada has orders to ship 2 million of its USD 50 tablets to Indian consumers. It is time the OLPC was put to rest.
Poor Economics is not your ordinary book on how to help the poor. Rather, it should encourage us to ask the right questions and to look for answers in evidence. Most important, it should force us to review what we know, or presume to know, about the lives of those we seek to help.
As emerging donors have challenged the established foreign aid universe, pressure has grown on them to collaborate with traditional donors. However, such calls are likely to yield few results – new and traditional donors have substantially different objectives. Most important, traditional donors demand coordination but offer nothing in return.
Anna Hazare may have placed corruption front and center on the public agenda. But the proposed solution will undermine India’s political system, which is working for many, and only shift the problem elsewhere.
The backlash against microfinance in India has exposed a fundamental contradiction of social businesses – that they are essentially businesses. Private capital may help them grow but it brings with it a strong tendency to turn social businesses from being social to being businesses.
There are at least two ways to measure a society – to what extent is it equal and to what extent is it just. America has failed on both counts. Developing countries, looking to growth must find better ways to protect their own populations from the vagaries of destiny and birth.
In the non-profit world, the word of peers seems to take precedence over most other indicators, as a proxy for quality of a charity. This can lead to some twisted incentives, and make uncovering and addressing malpractice, rather difficult.