“An underlying theme in basic economics says, ‘offering a product for free can destroy the local economy’” writes Luis Miranda. Miranda recently watched Poverty, Inc and since seeing the award winning Acton Institute documentary he has shared some of its lessons in an article at The Indian Economist. Continue Reading...
The highly popular “buy-one, give-one” models — as epitomized by the popular TOMS Shoes brand — have long held the attention of Western do-gooders. It’s quick, it’s easy, and hey, people like the shoes. Continue Reading...
When proposing a solution to an economic problem the first question that should be asked is, “Is the solution likely to fix the problem?”
While that may seem too obvious to mention, it’s surprising how many times that question is not given serious consideration. Continue Reading...