The idea of “social business” is interesting, but the debate - now led by the likes of Bill Gates, microfinance trailblazer Muhammad Yunus and others - is still in its infancy, says Jonathan Morduch, New York University economics professor and microfinance expert. To prevent it from becoming a fad, an honest discussion must better articulate business models and address potential trade-offs, he argues.
View more of our interview with Jonathan Morduch.
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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.