The folks at LiveMint have a radical idea to address the stray dog problem in the Indian cities – Privatize them! [Via India Uncut] The fundamental problem is that stray dogs are “public property”, which creates what economists call “negative externality”. Those who feed and pamper the dogs while benefiting from wagging tails and warm [...]

Update: PSD Blog just announced that a new tsunami insurance will be specifically designed for the poor. See post above. While anyone who has watched Al Gore’s riveting documentary An Inconvenient Truth understands the potentially catastrophic effects climate change could have on densely populated communities, an article in End Poverty in South Asia brings this [...]