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Unfortunately, Yunus had embraced a long-disproven fallacy known as Say’s law — the idea that supply creates its own demand. As the late economist Alice Amsden explained, the core problem in developing countries is not the supply of basic items, but the sheer lack of local demand (or purchasing power) required to pay for them.

The movement reached its apotheosis in November 2006 at the Microcredit Summit in Halifax, Canada

The next year, a senior named Alex Borinsky asked: Have you ever not written something for fear the subject might read it?

Wallace sent Alex a response nearly as long as the last one. Yes, he said. He had backed out of book reviews because he didn't want to skewer the books. He had omitted per…

I'd say that this is a dangerous kind of piece to do, because it sets up Narrator Persona challenges, more specifically the Asshole Problem. I'm sure you guys have seen it--it's death if the biggest sense the reader gets from a critical essay is that the narrator's a very critical person, or from a…