Home
/
RELIGION & LIBERTY ONLINE
/
The Only Solution to World Poverty
The Only Solution to World Poverty
Jan 8, 2026 11:14 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
Addicted to influence
A brief but timely editorial appears in this month’s issue of Christianity Today, “We Are What We Behold.” Here’s a taste: “…evangelicals have wrestled with our relationship to power. When in a position of influence (and in our better moments), we leverage power to better the lives of our neighbors. Cultural savvy enables us to successfully translate the gospel for a changing world. But it’s a double-edged sword—influence and savvy can also dull the gospel’s transcendence. We achieve a royal...
Concerns about consensus
George H. Taylor, the State Climatologist for Oregon, writes at TCS Daily, “A Consensus About Consensus.” The article is worth reading. It shows that scientific consensus is often overrated, both in terms of its existence and in terms of its relevance. With resepct to global warming, Taylor looks at some of the claims for scientific consensus, and states, “But even if there actually were a consensus on this issue, it may very well be wrong.” This simply means that the...
Nonprofits beware!
A friend forwarded a Website link for The Nonprofit Congress recently that was downright scary. It appears to be the epitome of good intentions fraught with unintended consequences. Or perhaps the consequences are not unintended. The Congress is an apparent call to advocacy (i.e., political pressuring) within the National Council of Nonprofit Associations. To the group’s credit, the “why” is a forthright statement of their view and values: The time e for nonprofits of all sizes and scope e together....
Jack Hafer at the Acton Lecture Series
Jack Hafer, the producer of the award-winning film, To End All Wars, will be speaking at the 2006 Acton Lecture Series on Wednesday, February 15. This luncheon (which does include a lunch) will be held in the David Cassard room of the Waters Building in downtown Grand Rapids from 12:00pm – 1:30. Mr. Hafer will discuss the challenges of making movies with profound moral messages in today’s Hollywood culture. He will also talk about plans for future projects that break...
The dignity of every human being
The February 11 issue of WORLD Magazine includes a culture feature, “Giving their names back.” Profiled in the article is Citizens for Community Values (CCV), a nonprofit in Memphis that does a victim assistance program called “A Way Out.” It’s a reclamation program of sorts, literally reclaiming women ensnarled in the sex trade industry, and giving them back their lives, reclamation evidenced by names. The very nature of the sex industry, be it topless dancing, stripping or prostitution, requires anonymity–no...
Bonhoeffer’s legacy
Earlier this month, we marked the 100th anniversary of Dietrich Bonhoeffer’s birth on February 4, in what is now Wroclaw, Poland. In a message before the International Bonhoeffer Conference on February 3, Archbishop of Canterbury Rowan Williams said, Dietrich Bonhoeffer was a man immersed in a specific cultural heritage, and untroubled by the fact; he was a person of profound and rigorous (and very traditional) personal spirituality; he was mitted to the ecumenical perspective from very early on in his...
Western Europe’s political homogeneity
Western Europeans often talk about the homogeneity of American politics and how the parties hardly differ from one another. One reason why Europeans believe this is because they often pay attention to US politics only during a presidential campaign, so they do have some justification. But while their opinion is understandable not only does it fail to reflect the real difference between the left and the right in America; it obscures the homogeneity of Western European political life. What is...
Moral posturing on Africa
Over the weekend, the Daily Telegraph’s Charles Moore asked, “Why should the Left win the scramble for Africa?” : [T]he trouble with this subject – perhaps this is why the Left dominates it – is that it attracts posturing. Africa is, among other things, a photo-opportunity. As our own educational system makes it harder and harder to get British pupils to smile at all, so the attraction for politicians of being snapped with rows of black children with happy grins...
Stewardship and economics: two sides of the same coin
In yesterday’s Acton Commentary, I argued that the biblical foundation for the concepts of stewardship and economics should lead us to see them as united. In this sense I wrote, “Economics can be understood as the theoretical side of stewardship, and stewardship can be understood as the practical side of economics.” I also defined economics as “the thoughtful ordering of the material resources of a household or social unit toward the self-identified good end” and said that the discipline “helps...
‘Captialism’ according to the academy
For a quick overview of the current state of appreciation for economics and capitalism among various ‘academics,’ see the newly inaugurated e-journal Fast Capitalism. It might as well be subtitled: Marxism, Alive and Well. Most of the contributors to the first issue are in munications, or political science. Here’s a sampling: In “Beyond Beltway and Bible Belt: Re-imagining the Democratic Party and the American Left,” Ben Agger, who teaches sociology and humanities at the University of Texas at Arlington, writes,...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved