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One is the Magic Number

For Britain’s politicians there seems to be a consensus, at least for now, that spending 0.7% of national income on government aid programmes would be the nation’s fair share of the global effort to eradicate poverty in the developing world. Indeed, aid charities and lobby groups have consistently pushed for all rich countries to hit the 0.7% target since it was endorsed by the […]

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Bash the Rich

You might have thought that a bold plan backed by a Nobel Prize winning economist to raise over $75 billion to help the developing world would shake Britons from their knee-jerk cynicism about philanthropy. You would be wrong, sadly. Yesterday London’s Dorchester Hotel hosted the Fortune Forum’s launch of a scheme devised by the economist James Mirrlees to […]