Acton Institute Powerblog Archives

Post Tagged 'millennium development goals'

Bono, Babel, and the Myth of Economist as Savior

Bono, lead singer of U2 and co-founder of charity-group ONE, recently offered some positive words about the role of markets in reducing global poverty and spurring economic development (HT): The Irish singer and co-founder of ONE, a campaigning group that fights poverty and disease in Africa, said it had been “a humbling thing for me” to realize the importance of capitalism and entrepreneurialism in philanthropy, particularly as someone who “got into this as a righteous anger activist with all the cliches.” “Job creators and innovators are just the key, and aid is just a bridge,” he told an audience of 200 leading technology entrepreneurs and investors at the F.ounders tech conference in Dublin. Continue Reading...

Chilean Model of Integral Development Visits the Vatican

The President of Chile, Sebastián Piñera, visited Pope Benedict XVI in the Vatican yesterday, and the Vatican’s daily newspaper L’Osservatore Romano carried a front-page article by Piñera on “Economic Development and Integral Development,” a theme of great interest to us at Acton and the subject of our current conference series Poverty, Entrepreneurship and Integral Development. Continue Reading...

Monitoring African Aid and Development

Ecumenical News International (ENI) relates the launch last month of a new initiative in Africa, designed to “to mobilise a strong African voice in development.” The effort is called African Monitor and is led by the Anglican Archbishop of Cape Town, South Africa, Njongonkulu Ndungane. Continue Reading...

Beginning “The End of Poverty”

Bono and Sachs: Does The Edge feel left out? Although I am a year behind here, I have just started reading Jeffrey Sachs’s The End of Poverty: Economic Possibilities for Our Time, paperback just released by Penguin (with a foreword by Bono!). Continue Reading...

Aid Does Not Equal Growth

The traditional formula for understanding the relationship between the developed and the developing world is the following: Aid = Economic Growth. That is, foreign aid spurs economic development in poorer nations. Continue Reading...