Monday, May 24, 2010

Trash to Treasure

This video (don't mind the commercial in the beginning) shows a phenomenal example of the kind of innovation from Cheetahs that George Ayittey talks about. The entrepreneur takes an abundant material (plastic bags) at low cost and produces something that benefits others (fence posts and homes). When this happens wealth is created. Also, since this is an economic change that emerged from within the country (not from an aid agency) it's more likely to have some staying power. The video was found on the Social Enterprising Blog which is linked on our blog roll on the bottom right.

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