April 5, 2008

A Couple of Articles

Posted in International Trade, Micro finance, Net Capital Outflow at 9:46 am by davidprudente

Today’s New York Times had a couple of interesting articles. First, this article deals directly with what we are discussing in chapters 29 & 30, Capital flows. I think it provides a nice overview of the topic while relating it to real world investors and the problems they face.

Second, is an article about Micro finance (lending small amounts of money to the poor to end poverty). I’ve been following this for a while now, and sooner or later you knew someone was going to try and make this into a business model to make money. The point of micro lending is to provide enough money for people to start their own business and pay back the principle and interest at reasonable rates that do not make them, in essence, tenant farmers.



  1. Bridget said,

    This has nothing to do with Economics, but I thought that you and people in your classes might find this amusing!


    The Sun calls it a witty commentary exploring race relations – I just think it’s funny! I am also pretty embarassed to say that many of the posts relate directly to my life.

  2. davidprudente said,

    Yup! What White People Like is pretty witty commentary. This has been a blog that has grown in popularity over the past year, culminating with Target buying the blog and retaining the writers as consultants. It seems to me contrary to the idea of a blog that a corporation would be able to use it effectively as a propaganda tool (oops! advertising tool). I guess we’ll wait and see.

    I’m glad you see the parallels to your life in this blog…no matter how *special* you all are, it seems you quite similar to many others in tastes, ideas, and experiences.

    Thanks for the post.

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