Tuesday, February 16, 2010

It's not that we need a "different kind of Capitalism"...

...we simply need more of it. I've a great deal of respect for Acumen Fund - though in many respects like Accion, it still puzzles me why they would not pursue a venture capital/private equity type model in the developing world instead of the quasi non-profit model they have.

They have a good reading list out as provided by founder Jacqueline Novogratz (Public Radio via Chris Hughes). In the list I'd recommend William Easterly's The White Man's Burden, Hernando De Soto's The Mystery of Capital, but also add my own - Brink Lindsey's Against the Dead Hand (as recommended in the past as it provides context).

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