Editor's note

Many philanthropists and governments believe that small loans to individual borrowers can make huge strides against poverty. The evidence, however, isn’t exactly on their side. Business professor Frithjof Arp and his colleagues have tried to work out what really happens to this money – and why microfinance hasn’t yet put loan sharks out of business.

While we’re on the subject of disruption, most people know artificial intelligence and automation are transforming jobs for both blue-collar and white-collar workers. These technologies are about to bring even more substantial changes to higher education, writes AI researcher and computer scientist Subhash Kak. If colleges and universities don’t adopt technology in a number of ways, “they risk becoming obsolete,” he writes.

Andrew Naughtie

International Editor

Lead story

Give a man the means to borrow, so the argument goes, and he can work himself out of poverty. But do microfinances’ claims stand up? wk1003mike/Shutterstock

Does microfinance really alleviate poverty? The 34-billion-dollar question

Frithjof Arp, University of Nottingham

Small loans from governments and philanthropists are often held up as a route out of poverty. But proper research into whether they work is thin on the ground.

Science + Technology

Cities

Politics + Society

Business + Economy

  • Why Iran's protests matter this time

    Nader Habibi, Brandeis University

    Although the unrest that shocked Iran's ruling elite appears to be over, there are several reasons to think this won't be the last time disaffected citizens take to the streets.

Environment + Energy

Health + Medicine

  • Meat is not the 'new tobacco,' and shouldn't be taxed

    Sylvain Charlebois, Dalhousie University

    Taxing a food product like meat, which has been entrenched in our culture for so long, is silly. We should let the market evolve and allow consumers to make their own choices.

Arts + Culture

  • Champagne: four founding myths of a global icon

    Joonas Rokka, EM Lyon

    While Champagne seems eternal and unchanging, its fame is in fact the product of four founding myths. These have shaped its identity and the images now associated with its consumption.