Saturday, October 14, 2006

The new definition of peace

By awarding the Nobel peace price to an Economist, Mohammed Younus of Bangladesh, the Nobel committee recognizes that bringing economic prosperity or at least the hope of it helps bring peace to the world.

Somebody said, “If you can’t give love, at least give hope, if you can’t hope give them something to do.”

This is the secret of microbanking’s success – that $50 and above loans to poor women helps build societies.

In the aftermath of 9/11, many have pointed out to the chronic poverty of Muslims in many countries, including India.

This is what George Bush should do – send economists to Iraq, Iran or whatever country it feels its righteous need to salvage. However, we don’t need to IMF type big-ticket economics. Baby steps, baby steps.

Maybe the U.N. should send economists to Africa to deal with its chronic poverty and to make sure that the diamonds don’t fund just wars.


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