Want to ‘change the world’? Embrace the glories of economic scale

As the latest crop of college graduates enters the workforce, many are coming fully loaded with grandiose plans for “social transformation,” “giving back to their communities,” and “making a difference.” Unfortunately, such phrases have become slippery slogans based on a cultural imagination that is far too narrow in its basic assumptions. Continue Reading...

A immunization against extreme poverty

Image source: PIxabay   Since the first successful use of vaccinations in 1796, vaccines have saved hundreds of millions of lives. The Centers for Disease Control estimates that vaccinations will prevent more than 21 million hospitalizations and 732,000 deaths among children born in the last 20 years alone. Continue Reading...

The greatest foe of poverty

Winston Churchill once said, “Some see private enterprise as a predatory target to be shot, others as a cow to be milked, but few are those who see it as a sturdy horse pulling the wagon.” Do young Americans, asks Chris Horst, believe entrepreneurship is a target, cow, or horse? Continue Reading...

Haiti’s solar entrepreneurs

Jean-Ronel Noel and Alex Georges began their company in a garage in Haiti, tinkering with solar panels and light bulbs, wondering how their experiments might translate into an actual product. “We have plenty of sunshine, so is there a way that we can harvest energy from the sun to resolve the energy problem?” they asked. Continue Reading...