Extreme Poverty Is The Best Breeding Ground

Business Often Does A Good Job Supporting Communities: The Arts, Universities, And Scientific Enterprises... But That Philosophy Has Rarely Reached Poor Countries. Even Businesses That Are Enlightened In Their Home Bases See Africa, Latin America, And Parts Of Asia As Places To Exploit Natural Resources Or Use Cheap Labor.

My Concern Is Not That There Are Too Many Sweatshops, But That There Are Too Few.

The Rich Do Not Have To Invest Enough In The Poorest Countries To Make Them Rich; They Need To Invest Enough So That These Countries Can Get Their Foot On The Economic Ladder . . . Economic Development Works. It Can Be Successful. It Tends To Build On Itself. But It Must Get Started.

If We Did Go Into A Recession, Something That's Always Possible For The U.s. Or Europe, We Could Lower Interest Rates And Expand The Money Supply Without Worrying About The Price Of Gold.

All Of The Incessant Debate About Development Assistance, And Whether The Rich Are Doing Enough To Help The Poor, Actually Concerns Less Than 1% Of Rich World Income. The Effort Required Of The Rich Is Indeed So Slight That To Do Less Is To Announce Brazenly To A Large Part Of The World: 'you Count For Nothing.' We Should Not Be Surprised, Then, If In Later Years The Rich Reap The Whirlwind Of That Heartless Response.