Tag Archives: salons

Bel Ami

Synopsis

Georges Duroy, travels through 1890s Paris, from cockroach ridden garrets to opulent salons, using his wits and powers of seduction to rise from poverty to wealth, from a prostitute’s embrace to passionate trysts with wealthy beauties, in a world where politics and media jostle for influence, where sex is power and celebrity an obsession. (more…)

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The Downside — and Surprising Upside — of Microcredit

Microcredit, which involves giving small loans to very small businesses in an effort to promote entrepreneurship, has been widely touted as a way to reduce poverty and stimulate economic growth. A multitude of both non- and for-profit institutions are spending billions of dollars each year on microcredit ventures in developing nations around the globe.

But just how effective is microcredit lending? In a new study, researchers find that the practice may not be an efficient tool in promoting business growth or improving the lives of its beneficiaries, but could instead have just the opposite effect. However, they discovered other surprising advantages. (more…)

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