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Carl Schramm on Economics of Aid vs. Entrepreneurship

“Increasingly we’re understanding that this concept of just flooding a country with aid is actually destructive to the development of creative labor markets.”

Carl Schramm is president and CEO of the Ewing Marion Kauffman Foundation. Schramm's research led him to play a prominent role in the December 2009 White House jobs summit. He chaired the National Advisory Commission on Measuring Innovation during George W. Bush's presidency and has advised government leaders worldwide. He served as a professor of health finance and policy at The Johns Hopkins University, founded several companies in health care finance and information technology, served as executive vice president of Fortis, and established a merchant banking firm. Schramm is a prolific writer whose commentary often runs in publications such as Foreign Affairs, The Wall Street Journal, and The Financial Times, as well as in his two books, Good Capitalism, Bad Capitalism and The Entrepreneurial Imperative. He earned degrees in economics and law and holds several honorary doctorates.

Rethink Poverty

Subtitled in 15 languages, this six part video series that will change absolutely everything about how you approach charity and missions.

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