Microfinance and the Great Profit Debate

We should be willing to accept the trade-offs that come with the ongoing cleavage between profit-seeking and social advancement, between doing good and doing well, says Jonathan Morduch, New York University economics professor and co-author of “Portfolios of the Poor.”

By David Lepeska // 17 June 2009

We should be willing to accept the trade-offs that come with the ongoing cleavage between profit-seeking and social advancement, between doing good and doing well, says Jonathan Morduch, New York University economics professor and co-author of “Portfolios of the Poor,” a book published in early 2009, with Stuart Rutherford, Daryl Collins and Orlanda Ruthven.

View more of our interview with Jonathan Morduch.