Decades ago, private capital flowing into developing countries was a small fraction of aid dollars. Since then, that private capital investment has grown roughly 100-fold and the ratio of aid to investment has flipped. Today, every $1 in aid to developing nations is dwarfed by nearly $7 in private investment.
George Washington, who gave our capital its name and whose birthday falls on February 22, authored "Rules of Civility & Decent Behaviour In Company and Conversation." Our first president's first rule was: "Every Action done in Company, ought to be with Some Sign of Respect, to those that are Present." Can Washington, D.C., return to George Washington's ideals?
A high-quality public education can unlock our children's potential. It can bring communities together. It can ensure a top-notch workforce for our economy and an engaged citizenry for our democracy. We have an opportunity with the ESEA reauthorization to help reclaim the promise of public education.
We need an active, independent left willing to challenge the push for smaller government. A well-managed government can revitalize the economy even as it makes our world a better place to live. Many Americans seem to understand that instinctively. Where, then, is the movement that will make that argument?
Most people do not associate innovation and the notion of a lean startup with government, but former Chief Technology Officer (CTO) of the United States Aneesh Chopra shares his insights about data and how government data can be a force of positive change to enable the private sector for the benefit of everyone.
In last night's State of the Union address, President Barack Obama was triumphant in taking credit for a growing economy, being "as free from the grip of foreign oil as we've been in almost 30 years," and noting that Russia's economy was "in tatters." What the president failed to acknowledge was that entrepreneurs largely drove these results.