Is a Microloan Any Different from a Payday Loan?

A new art exhibit at the ZKM Center in Germany explores the hidden costs and the inefficiencies of many crowdfunding and microfinance sites. The creator hopes that by exposing these costs, donors will choose sites that channel more of the funds to donees.


Megadonors and Public Policy: A Bad Mix?

Public education reform is the philanthropic focus of many of our nation’s wealthiest individuals. Despite the lack of clear improvement stemming from their already large investments, their interest does not seem to be waning. Is there a downside to their bountiful generosity?