Poor people are business owners, too – but myths around poverty and entrepreneurship hold them back
- Written by Michael H. Morris, Professor of the Practice, Keough School of Global Affairs, University of Notre Dame
An unregistered backyard laundry service in Kathmandu, Nepal.Jonas Gratzer/LightRocket via Getty ImagesNearly 1 in 5 people in the world lives in poverty. Even in many developed countries such as the U.S., poverty rates exceed 12%. In an age of breathtaking technological progress and dynamic social change, poverty remains stubbornly persistent.
As...