Bangladesh Banker Wins Nobel Peace Prize
And I actually think they made a pretty good decision this time.
As Barton Hinkle explains:
Yunus should be a hero to every political persuasion. He has helped countless poor people make better lives for themselves, and he has done so through non-violent, non-confiscatory means. He doesn’t take from the rich; he enables people to make themselves rich (or, at least, comparatively so). Perhaps most important, his microcredit endeavors underscore the crucial lesson that economics is not a zero-sum game; asking about the causes of poverty is to misunderstand everything important about it. Poverty isn’t caused; it exists ab initio, without volition on anyone’s part. The proper question is, “What are the causes of wealth?” Yunus’ answer: A few seeds and a lot of sweat.
Indeed.
It sounds like we need a few more people like Muhammad Yunus in the world.
Bike Bubba
Aaron Braun-Duin
pparets
likwidshoe
MikeAdamson
Mickey
FlyOnTheWall
