Home
/
RELIGION & LIBERTY ONLINE
/
The Only Solution to World Poverty
The Only Solution to World Poverty
Dec 17, 2025 5:54 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
Religious liberty in employment marches forward across the Atlantic
On Friday, the Department of Health and Human Services issued two interim rules rolling back the HHS mandate, which requires employers to furnish female employees with contraception, sterilization, and potentially abortifacient drugs for “free.” The two rules, which take effect immediately, do not repeal the HHS mandate. One rule grants an exemption to nonprofits, closely held businesses, and some publicly traded corporations that have sincerely held religious objections to its terms. The other allows all but publicly traded corporations to...
‘Work Songs’: A new collection of hymns on work and vocation
In June of 2017, a group of 60 Christian creatives gathered in New York City to discuss and reflect on the intersection of worship and vocation.Known as the The Porter’s Gate Worship Project, the group prised of musicians, pastors, writers, and scholars, aiming to “reimagine and recreate worship that es, reflects and impacts munity and the Church.” Their first album, Work Songs, is a collection of 13 modern hymns, each crafted to connect the meaning and dignity of daily work...
What a Chinese economist learned from American churches
“Only through awe can we be saved. Only through faith can the market economy have a soul.” -Zhao Xiao When French diplomat and historian Alexis de Tocqueville visited America in the 1830s, he marveled at the “associational life” of munities, noting the particular influence of religion and local churches. “Not until I went into the churches of America and heard her pulpits flame with righteousness did I understand the secret of her genius and power,” he wrote. “…The safeguard of...
Putting Columbus in context
A few years ago the following quote from Christopher Columbus started making the rounds: For one woman they give a hundred castellanos, as for a farm; and this sort of trading is mon, and there are already a great number of merchants who go in search of girls; there are at this moment some nine or ten on sale; they fetch a good price, let their age be what it will. Sounds pretty damning. Christopher Columbus did, indeed, write that....
The international perils of corruption and cronyism
An international conference recently addressed the dangers of corruption to liberty, economic growth, and human flourishing. Many of these criticisms can be applied to cronyism, often the byproduct of formal corruption. “There is an undeniable link between good governance and human flourishing,” U.S. Deputy Assistant General Roger Alford told the International Conference on the Rule Of Law and Anti-Corruption Challenges in São Paulo on Tuesday. By “good governance,” Alford – also an assistant dean and professor at Notre Dame –...
Does tying benefit social welfare?
Note: This is post #52 in a weekly video series on basic microeconomics. What is tying and how is this a form of price discrimination? An example of a tied good is an HP printer and the HP ink you need for that printer. The printer (the base good) is often relatively cheap whereas the ink (the variable good) has a high markup, and eventually costs you far more than what you paid for the printer. Why panies tie their...
How Christopher Columbus helped bring the School of Salamanca to the Americas
Every Columbus Day gives rise to endless debates and recriminations over the impact of Christopher Columbus’ expedition upon the indigenous peoples of the Americas. No honest observer can dismiss the injustices perpetrated after Columbus’ landing (nor before it), but one benefit of his voyage has been forgotten: It inadvertently exposed the Americas to theSchool of Salamanca. This late scholastic school of Roman Catholic thought emphasized individual rights, human dignity, and economic liberty (particularly against government-sponsored inflation; for more, see Faith...
Department of Justice memo reaffirms our rights of religious liberty
In May President Trump issued an executive order directing Attorney General Sessions to address several issues concerning religious liberty, including: • Issue explicit guidance from the Attorney General to the Treasury Department to prohibit the revocation of tax exempt status to an organization based on its religious beliefs; • Encourage the Department of Health & Human Services to issue the draft interim final rule providing relief to the contraceptive mandate; • Ensure a Religious Freedom Restoration Act (RFRA) analysis is...
Unemployment as economic-spiritual indicator — September 2017 report
Series Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and munities. Conversely, not having a job can adversely affect spiritual and psychological well-being of individuals and families. Because unemployment is a spiritual problem, Christians in America need to understand and be aware of the monthly data on employment. Each month highlight the latest numbers we need...
The surprising good news about child poverty
Here’s some good news you probably haven’t heard: Over the past fifty years the child poverty rate has almost been cut in half, falling to a record low of 15.6 percent in pared to the 1967 level of 28.4 percent. That’s the finding in a new report by Isaac Shapiro and Danilo Trisi of the Center on Budget and Policy Priorities. The “official” child poverty rate provided by the government, though, is listed as 19.7 percent. Why the substantial difference?...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved