micro-finance, Bangladesh, monetary policy, banks, Cantillon effect

What Microfinance Can Teach Economists – Project Syndicate

“One hopes that Yunus can help steer Bangladesh away from being the world’s sweatshop, and back toward serving as the world’s laboratory for human development and social progress. At a time when many are debating what comes after neoliberalism, the “banker to the poor” can help imbue economics with the real-world experience and spirit of innovation it so sorely needs.”