Phrase by 'Muhammad Yunus'
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I was teaching in one of the universities while the country was suffering from a severe famine. People were dying of hunger, and I felt very helpless. As an economist, I had no tool in my tool box to fix that kind of situation.
Author: Muhammad Yunus - EconomistPeople , Suffering , Country , Situation
They explained to me that the bank cannot lend money to poor people because these people are not creditworthy.
Author: Muhammad Yunus - EconomistMe , People , Money , Poor
Today, the concept of business is to make money. Making money is the name of the business.
Author: Muhammad Yunus - EconomistName , Money , Today , Business
There is the expression of selfishness and there is the expression of selflessness - but economists or theoreticians never touched that part. They said: 'Go and become a philanthropist.' I said, 'No, I can do that in the business world, create a different kind of business - a business based on selflessness.'
Author: Muhammad Yunus - EconomistNever , World , Business , I Can
The profit orientation is only one orientation of a person. The same people who are interested in profit-making are also selfless. I am not saying that capitalist theory is wrong. I am saying that it has not been interpreted and practiced fully.
Author: Muhammad Yunus - EconomistPeople , I Am , Person , Saying