Economist reviews Paul Polak’s new book, “Out of Poverty”
Michael Edesess, Boardmember of International Development Enterprises (IDE), reports that “The Economist magazine has a highly favorable review this week of my friend and colleague Paul Polak’s book ‘Out of Poverty.’…The book describes the methods that Paul and International Development Enterprises (IDE), the organization he founded, use to help the poorest people in the developing world earn more income.” I’m delighted to see it’s for sale on Amazon, rather than only found on a foundation’s site!
IDE received a $13M grant about a year ago from the Gates Foundation to scale its work, which has allowed Paul, now 74, the time to write. It’s excellent to see a person with so much to teach have the time and opportunity to write up and disseminate his knowledge! I wish so many other social entrepreneurs with great wisdom had the time and resources to document their work. If I were a philanthropist I’d invest in such a library of books– this amazing moment in the transformation of the capital markets should not be lost to history.
For example I’d love to see Martin Fisher of Kickstart, which has been pursuing similar goals with excellence, do a book with Paul where they share and perhaps debate what the both have learned over decades about the nuances and issues of delivering sustainable tools to solve poverty; or Pati Ruiz Corzo of Sierra Gorda and Albina Ruiz of Ciudad Saludable document and debate the differences between their approaches to engaging community members in economically and culturally sustainable protection and restoration of ecosystems. I’m talking about the nitty gritty- how does this stuff really work and what are the hard-won entrepreneurial lessons for people working in the trenches.
Fortunately John Elkington (SustainAbility) and Pamela Hartigan (Schwab Foundation for Social Entrepreneurship) have also just written The Power of Unreasonable People capturing some of these lessons learned, but although I have only yet read the book jacket I suspect they’ve gone light on the nitty gritty of their own trench stories, which I think would be fascinating and useful to know– but perhaps I better read it and find out!