- Nachiket Mor and Bind Ananth of IFMR say Don’t like the SKS valuation? Compete, don’t complain. Well, this was all on expected lines. People will criticise if so much money being made out of a social cause. Even companies which are for there for pure business cause and people find crazy monies being made, are criticised as well. And here we have a model which works on providing loans to poor people. What else do you expect if not criticism? Going by the historical experience, I think the microfinance hype might lead to trouble in future.
- A review of Fault Lines, by Viral Acharya
- IFMR lauches the Microfinance Researchers Alliance Program
- Gulzar on lessons from the German recovery. Also see this The case against austerity gets stronger
- WSJ Blog points to this interesting story on how Fed’s easy policies are creating problems in Hong Kong -Hong Kong Forced to Fight Fed Again
- Ezra Klein on Elizabeth Warren
- Understand how markets fell in this crisis via a movie
