Home
/
RELIGION & LIBERTY ONLINE
/
The Correlation Between Prosperity and Economic Freedom Is No Coincidence
The Correlation Between Prosperity and Economic Freedom Is No Coincidence
Oct 1, 2024 6:37 PM

In a world in which experience and reality drove political decisions on the economy, the claims made in the recent op-ed by Sen. John Kyl would be considered too obvious to warrant publication. Unfortunately, we don’t live in such a world, which is why it’s important to have politicians willing to point out the obvious:

At a fundamental level, reducing poverty requires policies that reward hard work and merit. People are more successful and industrious when they get to keep more of the fruits of their labor. Their prosperity flows to others when they open businesses, create jobs, develop new pete for workers, raise wages and invest profits with younger entrepreneurs.

If government simply pre-determines these es via excessive regulation and a repressive tax code, there are no incentives left pete, grow the economy and create jobs for others. Indeed, the first American immigrants left just these types of stagnant societies in order to earn merit-based rewards on a new continent.

Raising individuals out of poverty is a moral goal best achieved through the opportunities that can be offered only by a free-enterprise economy — the opportunity to pursue wealth and happiness on one’s own terms, the opportunity to start a small business without oppressive red tape, and the opportunity to succeed.

Read more . . .

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
‘But not only did God make Sunday…’
“But not only did God make Sunday, He made Monday, too, and Tuesday, Wednesday…. So if God made all those days, he’s in all our days, not just the one you want to put him in.” Words of wisdom from Rev. Al Green. HT: GetReligion ...
Green gospel of Biblical proportions
Courtesy the Evangelical Ecologist, “A group called ‘Operation Noah’ has re-written parts of Scripture to fit their climate change message,” and goes on pare two “versions” of Psalm 24. I suppose this is just the next logical progression; if Scripture can’t be twisted by some perverse hermeneutic to fit your agenda, just change the text! Author Ruth Jarman writes, “I hope it doesn’t look sacrilegious to re-write the word of God according to Ruth.” No matter if it actually is...
Business and virtue in Batman begins
Can the new Batman movie provide moral lessons on business ethics and philanthropy? Ben Sikma writes that the film affirms “the value of traditional institutions more generally, such as the family, rule of law, and private ownership of the means of production.” Read the full text here. ...
It’s a wonderful retirement?
D. Eric Schansberg, an Acton adjunct scholar, takes a look at the Social Security system, and concludes that “policymakers should address the oppressive taxes that Social Security imposes on the working poor, its pathetic rate of return, and inequities in its payouts.” Read the full text here. ...
A report from symposium
The first Acton Institute Summer Symposium was held last week, and John H. Armstrong, president of Reformation & Revival Ministries, gives a report. Here’s an excerpt: The group I am attending is titled, “Business, Faith and Ethics.” It is part of Acton’s Center for Entrepreneurial Stewardship. I have been in a room with twenty-five successful business entrepreneurs and one other mission related person, a leader in the Christian Reformed Church. This is not my normal venue so it has been...
Causes of increasing tuition
Harvey Silverglate on the Foundation for Individual Rights in Education (FIRE) blog, The Torch, passes on one explanation for why college tuition costs have been increasing at double digit rates for years on end. He writes in part: Alan Charles Kors and I posited one answer to the seeming puzzle in our book The Shadow University. We noted the extraordinary increase in administrative staff on the student life side of colleges and universities. We attributed this in large measure to...
Africans on debt cancellation
During last week’s Symposium, munication staff had the opportunity to interview two African religious leaders on a variety of issues facing their continent, including the $40 billion in debt relief proposed to the G8 nations. The Rt. Rev. Bernard Njoroge is bishop of the diocese of Nairobi in the Episcopal Church of Africa, and also a member of the Constitution of Kenya Review Commission. Chanshi Chanda is chairman of the Institute of Freedom for the Study of Human Dignity in...
Social justice math
This EducatioNation blog post contains the text of an incisive WSJ editorial, along with a sample curriculum that illustrates the idiocy outlined in the editorial. In “Ethnomathematics,” Diane Ravitch writes, “In the early 1990s, the National Council of Teachers of Mathematics issued standards that disparaged basic skills like addition, subtraction, multiplication and division, since all of these could be easily performed on a calculator.” She goes on to outline some characteristics of the “new, new math,” including “using mathematics as...
Interesting discussion
There’s an interesting discussion going on over at Mirror of Justice about Catholic Social Teaching and the Preferential Option for the Poor: here, and here. ...
Gifts that keep on giving
Having been tagged by Kathryn at Suitable for Mixed Company, I duly submit my list within the guidelines of the following (and pledge not to repeat any placed on my initial list): Imagine that a local philanthropist is hosting an event for local high school students and has asked you to pick out five to ten books to hand out as door prizes. At least one book should be funny and at least one book should provide some history of...
Related Classification
Copyright 2023-2024 - www.mreligion.com All Rights Reserved