Home
/
RELIGION & LIBERTY ONLINE
/
The Only Solution to World Poverty
The Only Solution to World Poverty
Dec 29, 2025 4:58 PM

One of the primary assumptions of the modern age is that all choices are multiple choice. Whether we are choosing the color of the car we drive, the occupation that we will work, or the lifestyle we will live, choice is the dominate paradigm.

While the expansion of choices has, in many ways, expanded human flourishing, it has also led, in some areas, to a false belief that merely wanting something to be multiple choice will make it so.

But what if some large-scale problems only have one solution? What if instead of being an open-ended “Choose Your Own Adventure” novel, these problems are like mathematics, with one right answer?

Global poverty is a primary example, argues Wayne Grudem and Barry Asmus, of a problem with only one type of solution:

There is only one effective solution to world poverty. It is the only solution that has ever worked or will ever work. It is evident from the history of every wealthy nation today, and it is consistent with the teachings of the Bible about productivity, property, government, and personal moral values.

After extensive research in both economics and biblical ethics our conclusion is this: poor nations must somehow produce their own prosperity, and it is possible for them to do this.

[. . .]

The only economic system that has ever produced national prosperity is a free market system, not a welfare state or socialism munism. Our book explains in layman’s terms how a free market works and why it is morally superior to every other economic system. However, a free market can only be truly free when it includes widespread access to private ownership of property, effective rule of law, a stable currency, increasing specialization in the workforce, free trade both domestically and internationally, and allowing people to keep most of the fruits of their labor (through low taxes). But a free market system alone will not bring prosperity unless a nation also has the right kinds of government and cultural beliefs.

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
Indiana’s Religious Freedom Restoration Act: What’s The Deal?
Last week, Indiana Governor Mike Pence (R) signed his state’s Religious Freedom Restoration Act. Social media went a bit, well, bonkers. Hillary Clinton tweeted, “Sad this new Indiana law can happen in America today. We shouldn’t discriminate against ppl bc of who they love #LGBT.” The CEO of SalesForce, headquartered in Indiana, says they will pull out. Tim Cook, the chief executive of Apple, has called religious freedom laws “dangerous” and likens them to Jim Crow laws. What’s all of...
Fossil Fuels: The Best Hope for the World’s Poor
Writing for The Federalist blog last week, American Energy Alliance Vice President of Strategic Initiatives Dan Ziegler remarked: The environment isn’t getting worse—it’s rapidly improving, even as our economy grows and our energy use increases. The EPA recently released new data on air quality showing that total emissions of the six major air pollutants have dropped by 68 percent since 1970. This is all the more impressive considering that during this same period, America’s population has grown by 54 percent,...
Lebanon’s Grand Mufti on Islamic Reformation, Clash of Civilizations
Abdel-Latif DerianJoe Carter put up a very good clarifying post on Wednesday about Western politicians and religious leaders envisioning a moderate Islam that might follow the template of the Protestant Reformation. In “Let’s Stop Asking Islam to Be Christian,” Carter wrote that what Western elites really want is for Muslims “to be like liberal mainline Christianity: all the trappings of the faith without all that pesky doctrine that might stir up trouble.” Indeed, Christians and Muslims hold radically different notions...
7 (More) Essential Articles on Religious Freedom Restoration Acts
There is something about Indiana’s new religious freedom protection law that is causing otherwise reasonable people to lose their minds. As Elise Hilton pointed out earlier today, everyone from presumptive presidential candidates (Hillary Clinton) to corporate CEOS (Apple’s Tim Cook) to your ill-informedfriends on social media have been claiming the law allows discrimination against homosexuals. It does not. (In most parts of the country, discrimination based on sexual orientation is legal—and always has been.) Elise produced a helpful explainer with...
Local Government Can Be Big Government Too
Small-government conservatives often share a regrettable trait with their big-government liberal opponents: they frame the issue almost exclusively in terms of the size and scope of the federal government. Although conservatives sometimes expand their view and include state governments, the focus tends to miss the local governments, city and county municipalities, that can have a considerable impact on an individual’s life. But in Texas they’re beginning to take notice—and are doing something about it: Texas Gov. Greg Abbott, a Republican,...
Audio: Samuel Gregg on God, Reason, and Our Civilizational Crisis
On Friday Afternoon, Acton’s Director of Research Samuel Gregg joined hostSheila Liaugminas on Relevant Radio’sA Closer Look to discuss his recent article at the Public Discourse entitledGod, Reason, and Our Civilizational Crisis. They discuss how differences between how societies view the divine will often cause tension and conflict between, and even within, cultures. The full interview is available via the audio player below. ...
Bob Geldof: Trade Not Aid for Ethiopia
Good story in the Wall Street Journal today about rocker-activist Bob Geldof and how he’s spearheading a push by private-equity firms into Ethiopia to effect a “historic shift from aid to trade.” Investments are flowing into private sector projects such as a flower farm, a pany, pipeline building modity exchanges. A number of high-profile investors have recently shown up here. KKR & Co., the New York-based private-equity firm, last summer bought control of a rose farm, Afriflora, for about $200...
Women Of Liberty: Mercy Otis Warren
It is not often that women of the American Revolutionary War era are described as “formidable” and “intellectual,” but Mercy Otis Warren is such a woman. Born to wealthy Cape Cod family in 1728, Warren received no formal education but was tutored by her uncle. In 1754, she married James Warren, who became a Massachusetts state senator. It was the murder of her brother at the hands of colonial revenue officers that drove Warren to political writings and action. Combining...
The Smile Curve and the Future of the Middle Class
The smile curveis an idea came from puter industry, but it applies broadly. It’s a recognition, in graph form, that there is good money to be made (or more value to be added) in research and development, and, at the other end, in marketing and retailing. It’s also a recognition that there is almost no profit to be made, except in high volumes, in the middle areas of manufacturing (assembly or shipping). This has hurt the American middle class because...
G.I. Joe Vs. the Pentagon’s Crony Industrial Complex
When es to spending on national defensethe political debate is oftenpresented as a simplistic, binary contest between those who want to spend more and more (often conservatives, who want a strong military) and those who want to spend less and less (often liberals, who want to use the money for social welfare purposes).While those discussions are important, they are also plete. Conservatives, inparticular, should be more cognizant of the way cronyism can undercut military readiness. In an article today atThe...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved