Home
/
RELIGION & LIBERTY ONLINE
/
The Only Solution to World Poverty
The Only Solution to World Poverty
Dec 1, 2025 3:48 AM

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
Does God Always Side With the Poor and Oppose the Rich?
Does God side with the poor and oppose the rich? Glenn Sunshine looks at what the Bible says about the issue: So why are the poor described as blessed? The issue isn’t poverty per se, but rather the attitude of humility and reliance on God that it can produce in us, which is why Matthew’s version of the beatitude isn’t just “Blessed are the poor,” but “Blessed are the poor in spirit.” Reliance on personal wealth or government help (Ps....
Updated: Sirico Promotes ‘Defending the Free Market’ on Cavuto, Kresta, Hewitt
Acton President Rev. Robert A. Sirico continues to promote Defending the Free Market: The Moral Case for a Free Economy on radio and television across the country. Yesterday, Father Robert spent a full broadcast hour with Al Kresta on Ave Maria Radio’s Kresta in the Afternoon: [audio: And if you missed it, here’s Father Robert’s appearance from yesterday on Your World With Neil Cavuto on the Fox News Channel: UPDATE: Here’s the audio from Father Robert’s interview last night on...
Commentary: The Power of Market-Driven Diversity
In this week’s Acton Commentary (published May 30), Anthony Bradley argues that racial discrimination is no match for the power petition: panies were free to discriminate against blacks it was not in their economic interests to do so because, at the end of the day, pany’s favorite color is green.”The full text of his essay follows. Subscribe to the free, weekly Acton News & Commentary and other publicationshere. The Power of Market-Driven Diversity byAnthony B. Bradley The story of Chicago-based...
Rev. Robert Sirico and Jordan Ballor on The RJ Moeller Show
RJ Moeller of “Values and Capitalism,” an American Enterprise Institute initiative, recently hosted two Acton Institute staffers on his podcast, The RJ Moeller Show. First, president and co-founder kicks off the segment with a self-introduction and a discussion of his new book Defending the Free Market: The Moral Case for a Free Economy. Later, Acton Research Fellow Jordan Ballor closes out the segment with a testimony to his own work and that of the Acton Institute. The segment can be...
Os Guinness on Separation of Powers
I recently finished the advanced copy of Os Guinness’s A Free People’s Suicide: Sustainable Freedom and the American Future. I posted a previous excerpt on the topic of virtue in a free republic a couple of weeks ago. In recent writing and speaking about President Calvin Coolidge, it is encouraging to study a leader who saw himself as a civic educator rather than an imperial president. We need a cultural change before we can ever expect reasonable change in the...
Audio: More on ‘Defending the Free Market’
Acton President Rev. Robert A. Sirico continues to promote Defending the Free Market: The Moral Case for a Free Economy on radio and television across the country; today’s roundup of media includes two radio interviews on west coast radio stations, starting with host Brian Sussman on the KSFO Morning Show in San Francisco, California: [audio: Next came a trip up the coast to Medford, Oregon and the Bill Meyer Show on KMED: [audio: Keep checking back for more clips here...
Sandel’s Flawed Philosophy
Rev. Sirico’s new book is not the only recent entry on the topic of markets and morality (though paring reviews, it may be the best). Harvard political philosopher Michael Sandel also examines the subject in What Money Can’t Buy. Unlike his wildly overpraised Justice, though, Sandel’s latest work is getting mixed reviews—even from those who you’d expect to sing his praises. For instance, Rowan Williams, Archbishop of Canterbury, seems to believe that Sandel missed an opportunity to provide a stronger...
Rev. Robert Sirico scheduled to appear on ‘Your World with Neil Cavuto’ today
Acton Institute president and co-founder Rev. Robert Sirico is slated to appear on Fox News’ “Your World with Neil Cavuto” today at 4:30 p.m. (EST). Be sure to tune in for Rev. Sirico’s perspective on his recently published book, Defending the Free Market: The Moral Case for a Free Economy, and other relevant happenings of the day. ...
Rev. Sirico: There is no ‘social justice’ without economic freedom
On , Rev. Robert A. Sirico looks at the recent anti-capitalism, anti-NATO protests in Chicago: In countless debates and conversations with modern proponents of social justice, I have noticed that they are less interested in justice than in material equality. They borrow the language of justice and mon good but have either forgotten or rejected the classical meanings of those terms. In the classical tradition of reflection on justice (especially seen in Aristotle, St. Thomas Aquinas, and their intellectual descendants)...
What is ‘Meaningful Work’?
Telling young people that some jobs are menial, says Thomas Sowell, is a huge disservice to them and to society: It was painful, for example, to see an internationally renowned scholar say that what e young people needed was “meaningful work.” But this is a mon among educated elites, regardless of how counterproductive its consequences may be for society at large, and for e youngsters especially. What is “meaningful work”? The underlying notion seems to be that it is work...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved