This week’s world news include wildfires ranging in two Florida counties, Myanmar being ravaged by cyclone, as well as the breaking news of earthquake in China. One cannot help but to realize the smallness and transience of human life in the face of natural disasters. On the same note, we also realize our dependence and reliance on nature. As we contemplate upon natural disasters and global climate change, I want to pose the following question: how could we harness t…
A recent Wall Street Journal article pointed out the differences in the stance of various presidential candidates regarding the health care debate. It predicted that the greatest differences in the presidential debates in the fall will lie in recommendations regarding health care reform. Concerns regarding the health care system are not unique to the US. I just returned from a recent trip to North Asia. Health care is also a major concern in countries there, including Ho…
“Socially responsible investing” and “corporate social responsibility” have been buzz words in the past decade in the US and Europe. According to the Report on Socially Responsible Investing Trends in the United Stated published by the Social Investment Forum (SIF), assets being managed in strategies consistent with social responsible investing have reached $2.71 trillion in 2007 and have increased by more than 18 percent between 2005 and 2007. T…
Since Muhammad Yunus and Grameen Bank received the Nobel Peace Prize in 2006 for their efforts to provide loans to the poor, microcredit has been brought to the fore front of international attention. Microcredit is the provision of very small loans (and hence the name ‘microloans’) to those who are barred from the formal banking sector. Microcredit targets those who lack collateral, do not have a credit history, and hence do not meet minimal qualifications for applyi…
What is the common thread running in the lives of the following successful and outstanding African American men?
Clarence Thomas (Supreme Court Justice),
Theodore V. Wellls Jr. (who represented Dick Cheney’s former chief of staff and was voted 2006 Lawyer of the Year by the National Law Journal),
Edward P. Jones (Pulitzer Prize-winning author), Stanley E. Grayson (an investment banker and former New York City Deputy Mayor), and
Eddie J. …
