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But profitability is just one half of the explanation for the microcredit model’s widespread support among policymakers, politicians, and ordinary people. The issue of ideology is also central.

Microcredit is supremely attractive to the neoliberal development community and neoliberal politicians…

[...] The reality behind the microcredit hype is that the vast majority of those who took out a microloan to invest in some income-generating project ended up failing or else displacing other struggling informal microenterprises operating in the same sector.

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…

The third is wordplay. Wallace doesn't bend grammar, but he bends English. He loves Germanic compounds like "shingle-sized" (describing pizza slices), "Rice-Krispie-squarish" (describing Krakkles), and "pubic-hair-shaped" (describing Curly Fries). If no existing adjective can do exactly what he wan…