Acton Institute Powerblog Archives

Post Tagged 'development'

Conservatives Have the Right Answers on Poverty

From the fiscal to the familial, conservatives have the right answers, says Kevin D. Williamson: The conservative hesitancy to put the issue of poverty at the center of our domestic economic agenda, rather than tax rates or middle-class jobs, is misguided — politically as well as substantively. Continue Reading...

Poverty Is Expensive

There are several ways to understand that poverty is expensive. First poor people pay more for the things they buy or they find that cheap stuff is not good. The poor find it hard to pay for housing which leads to having a harder time saving money even by cooking. Continue Reading...

Bill Gates on Poverty and Inequality

In a recent interview with Rolling Stone, Bill Gates — the richest man in the world — shares his thoughts on poverty and inequality: Should the state be playing a greater role in helping people at the lowest end of the income scale? Continue Reading...

Michael Novak: ‘Capitalism is Lifting the World out of Poverty’

Philosopher and theologian, Michael Novak recently delivered a speech at the Catholic University of America on the vocation of business and Forbes published the transcript. Novak argues that “capitalism is lifting the world out of poverty.” As many Asian and African economies shift from socialist to capitalist, they are seeing enormous economic growth, and small businesses are the force behind these economic gains: Even in developed nations, most jobs are found in small business. Continue Reading...

Remembering Business and Rebuilding the City

  Several months ago, in the wake of Detroit’s bankruptcy and the flurry of discussions surrounding it, Chris Horst and I co-wrote a post on how Christians mustn’t forget or neglect the role of business in our attempts to rebuild, restore, and reinvigorate failing cities. Continue Reading...

Does Loving The Poor Mean Keeping Them Poor?

Fr. James V. Schall, S.J., in an essay for The Catholic World Report, offers some points worth pondering regarding Christianity and poverty. Entitled “Do Christians Love Poverty,” Schall insists that we must make the distinction between loving the poor – actual people – and loving “poverty” in some abstract way. Continue Reading...

Value Creation for the Glory of God

The real estate crisis led to plenty of finger-pointing and blame-shifting, but for Phoenix real estate developer Walter Crutchfield, it led to self-examination and spiritual reflection. “The real estate crash brought me to a place of stepping back and evaluating,” Crutchfield says. Continue Reading...

How Did the Global Poverty Rate Halve in 20 Years?

From 1990 to 2010, the global poverty rate dipped from 43% to 21%. The Economist explains why the rate halved in twenty years: How did this happen? Presidents and prime ministers in the West have made grandiloquent speeches about making poverty history for fifty years. Continue Reading...