(E MINUS 223) 10 AUGUST 2015 #4 THE POWER OF HOPE

The following appeared in The Boston Globe on 14 May 2015: One of the most pressing social, moral, and economic quandaries of our time lies in this simple and depressing fact: more than a fifth of the people on the planet live on $1.25 or less a day. What can be done to lift up the “ultra-poor”? A team of MIT researchers has harnessed the tools of science to test one promising solution: a “big push” approach that helps poor people establish a livelihood. The three-year study, implemented in six countries starting in 2006, gave the poorest households a variety of supports, including a small savings account, mentoring, a resource such as goats or chickens, and money for food. A … Read More