How Capitalism Solves Poverty
Venture capitalist Vinod Khosla plans to create an investment fund for companies fighting poverty in India and Africa that provide social services like health, energy and eduction.
"Mr. Khosla is what I call a 'social arbitrageur.' He understands that there is tremendous economic potential in solving social problems. Not just in the ethereal, abstract, long-term sense. Like, in the tomorrow sense. Khosla recently earned $117 million—pocket change for a billionaire—on the recent IPO of SKS Microfinance, one of the largest micro-lenders in India. Khosla, who founded Sun Microsystems, also raised a $1.1 billion for a 'green' VC fund last year. According to Khosla: 'There needs to be more experiments in building sustainable businesses going after the market for the poor. It has to be done in a sustainable way. There is not enough money to be given away in the world to make the poor well off.'"
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A completely unexpected discovery beneath the ice.
- Scientists find remains of a tardigrade and crustaceans in a deep, frozen Antarctic lake.
- The creatures' origin is unknown, and further study is ongoing.
- Biology speaks up about Antarctica's history.
She met mere mortals with and without the Vatican's approval.
- For centuries, the Virgin Mary has appeared to the faithful, requesting devotion and promising comfort.
- These maps show the geography of Marian apparitions – the handful approved by the Vatican, and many others.
- Historically, Europe is where most apparitions have been reported, but the U.S. is pretty fertile ground too.
It's one factor that can help explain the religiosity gap.
- Sociologists have long observed a gap between the religiosity of men and women.
- A recent study used data from several national surveys to compare religiosity, risk-taking preferences and demographic information among more than 20,000 American adolescents.
- The results suggest that risk-taking preferences might partly explain the gender differences in religiosity.
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