If I could be useful to another human being, even for a day, that would be a great thing. It would be greater than all the big thoughts I could have at the university. ...
I began my career as an economics professor but became frustrated because the economic theories I taught in the classroom didn t have any meaning in the lives of poor people I saw all around me. I decided to turn away from the textbooks and discover the real-life......
Regulation should be promotional, a cheerleader. At the same time make sure you do the right thing that you don t drift away from the real principles. It is a tough job in the sense you have to balance both how to encourage, and at the same time......
Changes are products of intensive efforts. ...
This is not charity. This is business business with a social objective, which is to help people get out of poverty. ...
We have to get out of this mindset that the rich will do the business and the poor will have the charity. ...
Policies are also to blame the only thing that the governments and people can come up with to give to the poor people is charity. Poor people get hand outs from the state. But this is not a solution to poverty. ...
When we want to help the poor, we usually offer them charity. Most often we use charity to avoid recognizing the problem and finding the solution for it. Charity becomes a way to shrug off our responsibility. But charity is no solution to poverty. Charity only perpetua...
Good economic theory must give the people the chance to use their talents to build their own lives. We must get away from the traditional route where the rich will do the business and the poor will depend on private or public charity. ...
The world is changing very fast... take advantage of that speed which will give us a new ability to let the world rise. ...