Dangerous Idea: Investment Over Aid

June 29, 2014

Josh Ruxin's Dangerous Idea? Instead of foreign aid, use entrepreneurial investment to reduce poverty around the world.



Absolutely - and creating jobs in the U.S., as well as the developing world. There are a growing number of social entrepreneurs, especially aimed at helping women start small businesses in their countries. Ruxin and his wife are more ambitious and courageous, in terms of starting a business themselves and hiring local people.

The same thing is needed for people living in the inner cities and in rural poverty in this country. Jobs, lots of them, not just service jobs.