To Help the Poor, Take Their Money
More than 2.5 billion people around the world lack access to formal financial services. But new mobile banking services in Africa are helping millions of people out of poverty.
In the fight against poverty, achieving global access to financial services holds enormous potential. Even the poorest need tools to help maintain their daily needs, prepare for sudden adverse events like illness, and build assets to pull themselves out of poverty. ... Saving is the best tool both to reduce the risk of destitution and to increase wealth. Not long ago, conventional wisdom held that the poor cannot and do not save. Now, the imperative of formal savings services for the bottom of the pyramid is finally getting its well-deserved spotlight.
Malcolm Gladwell teaches "Get over yourself and get to work" for Big Think Edge.
- Learn to recognize failure and know the big difference between panicking and choking.
- At Big Think Edge, Malcolm Gladwell teaches how to check your inner critic and get clear on what failure is.
We take fewer mental pictures per second.
- Recent memories run in our brains like sped-up old movies.
- In childhood, we capture images in our memory much more quickly.
- The complexities of grownup neural pathways are no match for the direct routes of young brains.
- The proposal was recently presented to several U.S. members of Congress.
It's one of the most consistent patterns in the unviverse. What causes it?
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