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I am amused that my final paper assignment for econ, boiled down into its bare parts and translated into fandomese, is essentially me writing a 7-page self-insert RPF fic featuring five of the economists we studied this quarter. lolz. Thank the Gods it's not due 'til next Thursday, so I've got time to BS something. (Meanwhile, I have to cram on this art history paper. Whups.)
While we're on the subject of economics...if you read no other economics-related book in your life, I highly, highly recommend Banker to the Poor by Muhammad Yunus. I started the book, intending only to read the first three chapters for class that Monday...and ended up zipping through the entire book. It's readable, it's heartwarming, and it all actually makes sense.
Yunus is the founder of Grameen Bank, a bank that gives credit specifically to poor people (and primarily women, since according to Yunus they're the ones who suffer the most from poverty as well as the ones more likely to put extra funds towards care of the family) so that they can be self-employed and independent, able to live dignified lives. It was an idea started back in 1976, when as an impulse he loaned out $27 to forty-two stool makers in a rural village of Bangladesh. Whereas most economists seem to work from theory to practice, Yunus appears to take the opposite approach, first learning by doing, and then formulating theories based on his experiences. Both Yunus and the Grameen Bank won the Nobel Peace Prize in 2006, and it's well-deserved in my opinion.
-Reileen
all the riches, baby, bring what your love can bring
While we're on the subject of economics...if you read no other economics-related book in your life, I highly, highly recommend Banker to the Poor by Muhammad Yunus. I started the book, intending only to read the first three chapters for class that Monday...and ended up zipping through the entire book. It's readable, it's heartwarming, and it all actually makes sense.
Yunus is the founder of Grameen Bank, a bank that gives credit specifically to poor people (and primarily women, since according to Yunus they're the ones who suffer the most from poverty as well as the ones more likely to put extra funds towards care of the family) so that they can be self-employed and independent, able to live dignified lives. It was an idea started back in 1976, when as an impulse he loaned out $27 to forty-two stool makers in a rural village of Bangladesh. Whereas most economists seem to work from theory to practice, Yunus appears to take the opposite approach, first learning by doing, and then formulating theories based on his experiences. Both Yunus and the Grameen Bank won the Nobel Peace Prize in 2006, and it's well-deserved in my opinion.
-Reileen
all the riches, baby, bring what your love can bring