Business/Finance
The Shale Gas Revolution and the Promise of Renewable Energy
Shale gas is a form of natural gas found trapped in shale rock. For a few years now, there has been talk of a shale gas glut, a shale gas boom, a shale gas revolution. In his last State of the Union Address, President Obama said, “We have a supply of natural gas that can [...]
Making Money off the Poor: Business Models in the Developing World
In the heart of rural India, local farmers plow their land with the help of oxen, abide by tradition, and follow a local ‘sarpanch’ who arbitrates law and order. The villagers do not earn much selling their produce and are distanced from infrastructure where they might spend their earnings. Yet businesses such as Healthpoint and [...]
The Financial Literacy Movement
According to the 2011 Consumer Financial Literacy Survey Final Report, most Americans do not have financial plans or clear financial goals. Thirty-three percent of US adults, for instance, do not have any non-retirement savings. More than half of US adults do not maintain a budget or track expenditures. With 3.8 million foreclosures in 20106, an [...]
Your Genes Belong to Us: Gene Patenting and its Discontents
By Gengshi Chen Genae Girard, a 39-year-old woman living in the US, had to pay a staggering $3200 for a single genetic test for the BRCA gene associated with breast and ovarian cancer, only to find that she was unable to request a second opinion upon receiving the positive test result. After consulting with doctors, [...]
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