Could we see the end of extreme poverty in our lifetime? Just two hundred years ago, almost the entire world’s population lived in extreme poverty. Today, less than 10 percent do. (In the past forty years alone, the percent of people living in extreme poverty has dropped by over 30 percentage points.) In my...
3 Myths about Microfinance
This week is the 75th birthday of Muhammad Yunus, the inspiring leader who asked a question which struck at the root of a paternalistic approach to poverty alleviation: Why do for people what they’re capable of doing for themselves? This question served as the basis of Yunus’ groundbreaking work in the 1970s as he founded...
Supporting Entrepreneurship in the USA
The last few months, I’ve had a number of conversations with friends who wonder how the principles that drive HOPE could be applied domestically. It’s an important question, and although HOPE has decided to remain focused internationally, I strongly believe we need more organizations working to help restore dignity through the gift of employment...