Dec 28, 2016

Bono has a change of heart on the cure for poverty

Aid is just a stop-gap.  Commerce (and) entrepreneurial capitalism takes more people out of poverty than aid...  In dealing with poverty here and around the world, welfare and foreign aid are a Band-Aid.  Free enterprise is a cure...  Entrepreneurship is the most sure way of development.

~ Bono, speech at Georgetown University, 2013

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