To Beat Back Poverty, Pay the Poor

Lack of reading material is not only a third-world problem – many poor families in the United States lack access to and funds for books. A program that helps get books to into the homes of low-income families can boost literacy, and help publishers, too.

Overall, Cambodia is a relatively poor country whose residents don't own much. Norwegian hotel owners in the city of Krong Siem Reap urge their Cambodian staff to be more in charge of making their own decisions by making them co-owners of the hotel, an act that forced them to have more confidence and critical thinking skills.

Low-income students are always looking for ways to finance their education. A new system using “human capital contracts” to pay for higher education isn’t as scary as it sounds.

Alaska has created a way for residents to financially benefit from the state's dependence on oil revenues. By giving residents a yearly portion of the revenue, the state has been able to see positive effects from an often conflict-ridden industry.

54 million people in the United States, and 4.5 billion globally, have no credit to their name - making it nearly impossible for them to buy homes, apply for jobs and receive loans. Investors and lenders make an effort to help those with 'invisible credit' scores in financing essentials like homes or cars.

Boston had a hard time solving civic problems efficiently and holding its leadership accountable. In response, a team in the Mayor's office was charged with "making Boston better through clever, low-cost hacks" such as a mobile app that allows residents to send government service requests to City Hall.

Huge numbers of students lack the chance to go to college because of financial problems. Recently, Kalamazoo schools received more funding allowing them to have the chance to help and pay for students to then go to college and receive a higher education.

The pressure is on for the federal government to spend tax money more wisely. Evidence-based policy making is gaining in popularity as a way for the government to spend tax money wisely. While not quite as flashy or exciting as past ways, this has a proven track record of positive impact.

In Memphis, a creative blight-reduction initiative called 25 Square Blocks broke down the city into blocks. Inspectors were able to quickly identify all the violations and fix them, using the same amount of funding, but less time, as the old call-and-respond model.

The company that manufactures Lifestraw, a water purification device, has found a way to distribute their product to impoverished Kenyan families for free, while still making a profit. In the global carbon credit market, businesses receive carbon credits for projects that reduce greenhouse gas emissions. These credits can then be sold to companies who need to offset their carbon emissions, allowing green companies to make a profit off of their small ecological footprint.