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James Piereson on Muck Rack

James Piereson

New York
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Articles

Microfinance Failures

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By Naomi Schaefer Riley, James Piereson
| Political Economy with Jim Pethokoukis
It is hard to think of a philanthropic trend that had more widespread support than “microfinance.” The idea, launched in 1976 by economist Muhammad Yunus, offered small loans to impoverished women in Bangladesh to start small businesses that were expected to generate income to repay the loans, plus below-market rates of interest. Over the course of the next half-century, hundreds of billions were expended on microloans across the globe — even in the United States.
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Microfinance failures: The cracks in this system have been evident for years

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By James Piereson, Naomi Riley
| Washington Examiner Verified
It is hard to think of a philanthropic trend that had more widespread support than “microfinance.” The idea, launched in 1976 by economist Muhammad Yunus, offered small loans to impoverished women in Bangladesh to start small businesses that were expected to generate income to repay the loans, plus below-market rates of interest.
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The Indispensable President

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By James Piereson
| Conservative Review Verified
The Declaration of Independence, signed and issued to the public 250 years ago this month, was the banner under which the American Revolution was fought. "We hold these truths to be self-evident, that all men are created equal, and are endowed by their Creator with certain inalienable rights." The Declaration, "the sheet anchor of American republicanism," as Lincoln called it, stated the ideals behind the revolution, but played little role either in starting or ending the conflict.
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