06 August 2010
The Changing Nature of Micro-Lending
That, in turn, has set off some hand-wringing.
I can't really wrap my head around this controversy.
There are developments underway in the world of "microfinance" that make some of the pioneers in the field very unhappy. That much I get.
Is it the case that one person's "micro-financier" is another person's loan shark?
Knowledge is warranted belief -- it is the body of belief that we build up because, while living in this world, we've developed good reasons for believing it. What we know, then, is what works -- and it is, necessarily, what has worked for us, each of us individually, as a first approximation. For my other blog, on the struggles for control in the corporate suites, see www.proxypartisans.blogspot.com.