Posts tagged with: Barry Asmus

So far, 2015 has given us our busiest Acton Lecture Series ever, and we’re pleased to share more of it with you today on the PowerBlog. Back on April 16, Acton had the privilege of hosting Wayne Grudem and Barry Asmus, who spoke on the topic of the book they jointly authored, The Poverty of Nations: A Sustainable Solution.

First, the bios: Wayne Grudem is Research Professor of Theology and Biblical Studies at Phoenix Seminary; he is the author or co-author of twenty books, including his Systematic Theology: An Introduction to Biblical DoctrinePolitics According To The Bible, and Business for the Glory of God, which we just happen to have in the Acton Book Shop; he also served as a member of the Translation Oversight Committee for the English Standard Version of the Bible, and also as General Editor of the ESV Study Bible. Barry Asmus is a Senior Economist with the National Center for Policy Analysis, which promotes private sector, market-based solutions to problems. He has been speaking, writing and consulting on any number of political and business issues for over 25 years.

Grudem and Asmus jointly authored a book with a title that nods to Adam Smith’s classic The Wealth of Nations, which inquired into what factors led certain nations to prosper; The Poverty Of Nations looks at the flip side of that question: what causes some nations to remain mired in poverty, and what might they do to change their circumstance?

We’re pleased to share with you the video of their joint presentation today; after the jump, I’ve included the episode of Radio Free Acton that features an interview with the two gentlemen.


The Poverty of NationsTheologian Wayne Grudem has teamed up with economist Barry Asmus to write a book on poverty entitled The Poverty of Nations: A Sustainable Solution. On this edition of Radio Free Acton, we explore the fundamentals of growth and human flourishing, and how Christians should understand economics and aid. You can listen via the audio player below.

“There is only one effective solution to world poverty,” says theologian Wayne Grudem in a recent lecture on his latest book, The Poverty of Nations, co-authored with economist Barry Asmus. That solution, he argues, is a rightly ordered free market, and such a solution, he goes further, is “consistent with the teachings of the Bible about productivity, property, government, and personal moral values.”

Watch the whole thing here:

Grudem’s primary question, “What causes wealth or poverty in the world?,” is not new, but he approaches it from a distinctly Christian perspective. Assessing the question from three distinct angles — a nation’s economic system, government, and cultural beliefs and values — Grudem and Asmus propose 79 factors that “will help nations escape from poverty and move toward prosperity.”  (more…)