Site Meter Reflections on Playboy: Don’t laugh. It’s a libertarian charity.

April 10, 2007

Don’t laugh. It’s a libertarian charity.

Those who believe that pure selfishness lies at the heart of the libertarian movement may consider “libertarian charity” an oxymoron. But in a sense, it’s arguably redundant. Find out specifically about ACCION International. With the help of donors and investors, this organization provides “microfinance” services such as small-business loans to the very poor. Ordinary banks don’t market these services because they’re not cost-effective without charitable giving, and loan sharks are otherwise the only possible access to borrowed money for many of those most desperately hoping for a better life. Let’s see how much good capitalism and philanthropy can do together.

Post title explanation: In the early Simpsons episode “Homer the Heretic,” the cover of a vintage Playdude (July 1966) includes this text as an article teaser: “Don’t laugh. It’s a car from Japan.” Somehow, I find that encouraging when people laugh at my blog.

Posted by Brian Sorgatz at 10:53 AM

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