Downturn May Spur Philanthropy

    Many of the world's rich are seeing their wealth shrink amid the economic crisis. But that may not mean less aid for the needy, says Matthew Bishop. The co-author of "Philanthrocapitalism: How the Rich can Save the World" believes philanthropy could even grow as misery is now more evident.

    About the author

    • David Lepeska

      David has served as U.N. correspondent for the newswire UPI and reported for several major newspapers, including the New York Daily News and Newsday. He was chief correspondent for the Kashmir Observer in Srinagar, India, and regularly contributes to the Economist, among other publications. Since 2007, David has reported for Devex News from Washington, New York, as well as South Asia.

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