Over the last few months, I have had the privilege of working with a group of talented people who have transformed the Social Finance Chain from a humble micro-loan program, into the national Youth Social Innovation Capital Fund, which provides debt and equity solutions to young social entrepreneurs who want to change the world. It has ambitious capital raising targets for the next year, and what amazes me is that the team has raised 20% towards its goal of $87,500 in only two months.
The Youth Social Innovation Capital Fund (YSI-CF) began with the idea that youth are brimming with innovative ideas on how to tackle the complex challenges that confront our society.
















In The Ascent of Money, historian Niall Ferguson paints the picture of capitalism as an evolutionary beast. From the creation of stock-issuing corporations to the opaque engineering of collateralized debt obligations and other derivatives, capitalism is a story of constant innovation. More to the point, that innovation is what – in his telling – accounts for periods of dramatic economic expansion and growth. It is as if economies reach a sort of equilibrium state, and that progress requires some modification of an internal element of the system – meaning, in Ferguson’s story, the leveraging of vast new capital flows – in the underlying mechanics of the process.
The
The 2012 World Economic Forum Annual Meeting kicked off today with a markedly sombre tone. Economic imbalances and rising inequality threaten to reverse the gains of globalization, according to the
I recently attended the 












