1. Microfinance: FAI affiliate Daniel Rozas takes a in-depth look at multiple borrowing and overindebtedness and warns of an potential credit crisis in Mexico. European Microfinance Platform
2. Credit: As it turns out, the most honest borrowers are not necessarily the best borrowers. Quartz
3. Transfers: Segovia, a spin-off of GiveDirectly, has plans to build a platform for goverments and other institutions to distribute cash transfers efficiently and on a large scale. Council On Foreign Relations
4. Mobile Money: "On paper, digital financial services can sound like a silver bullet to reach millions of rural, underserved smallholder farmers. In reality, the challenges can be greater than the deployment of a low-tech solution." CGAP
5. The World Cup: Root for the soccer outcome that will produce the largest aggregate increase in happiness. The New York Times
Source: The Wall Street Journal
Editor's Note:
If you were hoping that the faiV would be a pleasant distraction from the overwhelming flow of AI-related content, sorry. For the record, the faiV had “ai” built in before Anthropic existed. And a housekeeping note: we’ve finally jumped ship from Mailchimp to NYU’s mailing platform—I guess if you’re reading this it’s been a seamless transition and if you’re not, well, you’re not. Feedback on the faiV’s content and format and delivery methods is always welcome, just drop me an email.
- Tim Ogden