French profit-sharing rules improve the pay of lower-skilled workers without affecting the growth or productivity of firms.

This distinction matters because the nonprofit sector tends to recognize only one type of merger: the last-minute rescue, the ...

A theater director transformed an abandoned newsstand into a radically new theatrical experience that is helping to revive the historic center of a Southern Italian town.

Consider what the unicorn metric renders invisible. Acumen’s portfolio has reached nearly 800 million low-income people, created hundreds of thousands of jobs, built entirely new markets, and reshaped ...

This article is adapted from the full-length essay “Slow Philanthropy: Why giving by the ultra-wealthy often lags behind their ambitions—and what could help move money faste r,” published at ...

Across the United States, a new generation of civic leaders is reimagining how bookstores can serve their communities. In rural Mississippi, a former policy advisor returned home to open Friendly City ...

The digital economy’s story often centers on stock prices and initial public offerings, but the processes and people behind it reveal a very different reality. Across outsourcing hubs like Nairobi, ...

For people who move money in the name of impact, the shutdown of USAID landed like a star collapsing into itself. The United States government’s flagship development agency—once the world’s biggest ...

Nonprofits face growing pressure to do more with less: Rising demand, shrinking funding, and increasingly complex social issues often exceed the capacity—and mission—of any single organization. At the ...

What is not working about the US response to homelessness? Every year, cities spend more on services, but homelessness is on the rise and public frustration with the status quo is growing. Providers ...

In September 2024, an article in The Economist posed a provocative question: Can evidence-based development programs, like those championed by Nobel Prize-winning economist Esther Duflo, scale ...

Sometimes the simplest tools bring the most value. Simply asking “why?” can make or break a new venture or help an established social impact project achieve its goals. When I teach systems-led ...