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Muhammad Yunus Nobel Peace Prize Speech

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Free Resource (#919) - October 13th, 2009
Today's Free Resource

Muhammad Yunus - 2006 Nobel Peace Prize Lecture

U.S. President Barack Obama recently received the 2009 Nobel Peace Prize. Listen to this great speech from the 2006 winner of the Nobel Peace Prize Muhammad Yunus. Yunus is a Bangladeshi banker and economist who established the Grameen Bank which conducted "mircoloans" to people living in poverty who were too poor to receive a regular bank loan. These mircoloans helped many people work themselves out of poverty including women. Yunus discusses this success and also talks about the idea of social capitalism which goes beyond the traditional role of capitalism's focus on maximizing profit. This lecture is available on streaming video from NobelPrize.org.

Muhammad Yunus - 2006 Nobel Peace Prize Lecture

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