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“Eat your vegetables,” my mother told me when I was growing up in America in the 1950s. “Children are starving in Europe.”
My mother’s postwar economic geography sounds comically antiquated today; she could never have foreseen a world in which the euro is stronger than the U.S. dollar. But in another sense she was half a [...]

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In many impoverished and economically undeveloped parts of the world, jobs are scarce and people without one must earn their living through some sort of self-employment. Unfortunately these “microbusinesses” often provide barely enough income for a family to survive, without paying for education, healthcare or a higher standard of living, leaving the poverty cycle unbroken.
But [...]

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