Jeffry Sachs on climate financing for the poor How to hold the rich to their word. Similar plans for Telangana and other 'underdeveloped' regions?
Felix Salmon reports on recent article As Microfinance Grows in India, So Do Its Rivals . The evidence seems to be mostly from Mahaboobnagar district and it seems that people are borrowing money from traditional lender to repay their micro loans.
Brenda Rosser on Bernanke's Saving's Glut Hypothesis. Contradiction Number One.
All the above links via Economist's View .
3qurksdaily discusses a Boston Globe article on the sacking of Uk's top drug advisor for saying that alcohol is more hazardous than many banned substancesYou can't handle the truth . One of the comments: "Anyone who has spent ANY time in the UK can attest to the extraordinary "enabling" social role that alcohol plays (for many people). I wonder if this was factored into the calculations? When Jim wanders down to his local pub after work to socialize and meet new friends, does this count as a "social benefit"? It had better count."
P.S. see also Gulzar Natarajan's post Are MFIs and moneylenders complements?