We all know that human trafficking is a bane, that it is a form of modern slavery. What is new according to new research by Siddarth Kara, a slavery economist at Harvard Business School and whose book on this subject is soon to be published, is that its scope is much larger than we normally think of. Kara’s research is based on 5000 interviews with people who have been victims of slavery which makes its finding all the more meaningful. Modern slavery involves a minimum of 21 million people and, generates profits that are estimated to be as high as $150 billion a year. Each victim brings about $4000 a year and generates about $36,000 for the traffickers, letting us know that once a victim Continue reading “Modern Slavery–The Scope of The Problem”