Posts tagged with: Poverty Alleviation

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Pope Francis meets students from Jesuit schools at an audience in the Paul VI Hall.

We all (probably) want to reduce poverty, but how do we actually go about doing that? Pope Francis has been extremely vocal about this problem, but many have taken issue with his suggested solutions.When describing modern capitalism, he’s used phrases like “globalización de la indiferencia” and “cultura del descarte” or a globalization of indifference and a throwaway culture. Beyond soundbites and one-liners, many are trying to get at the exact meaning of the Pope’s statements on economics and poverty.

During a recent trip to Buenos Aires, Acton’s director of research, Samuel Gregg, spoke to La Nacion’s Ramiro Pellet Lastra about these issues. Gregg states that the Pope’s very populist language when discussing economics and poverty suggests that he does not appear to have a clear understanding of how markets actually function. Like Pope Francis, Gregg sees the common good as very important but argues that this is compatible with free markets. In fact when you dispense with free markets and economic freedom in the name of the common good, as did Communist systems, it leads to even greater poverty. (more…)

Acton Research Fellow and Director of Poverty, Inc. Michael Matheson Miller joins host Bill Meyer on The Bill Meyer Show on KMED Radio in Medford, Oregon, to discuss how to genuinely help those around the world who remain mired in poverty. He notes that often, foreign aid tends to support the “big three” items: education, infrastructure, and health care. But the question remains: are these things the cause of wealth, or are they the result of wealth? The answer to that question will shed light on the effectiveness of our foreign aid efforts.

You can listen to the interview via the audio player below.

470380_368492526508146_880858769_oMichael Matheson Miller, research fellow at the Acton Institute, presented a course at Acton University a few weeks ago titled, “Poverty in the Developing World.”

The purpose of the lecture was to demonstrate the root cause of global poverty and to analyze the impact of attempts to alleviate poverty through economic aid. Miller was able to draw from the insights he gained during his extensive travels across the globe, and his conclusion was that aid often harms local economies because it crowed out small businesses by under-cutting their prices. He also found that aid often encourages dependency on foreign assistance which prevents long term economic development. However, he went on to clarify that “this lecture is not a critique of aid but a critique of a flawed system and its underlying assumptions of which aid is the main symptom.” (more…)

school kids haitiPeople of good will wish to end poverty. No one who lives in abject poverty wishes to remain there. We all know that poverty is a problem, but we differ on how to “fix” it.

One clear distinction, discussed by Stephanie Summers, is whether we want to end poverty, or whether we want to promote human flourishing. This is a critical delineation.

Ending poverty focuses primarily on government policy and programs. It utilizes metrics, numbers, data to “prove” success. The goal is to move a person or family from one income bracket to the next, higher up. It is economics-focused, not person-focused.

How is the goal of human flourishing different? It is more robust, Summers says; it encompasses more than simply economic factors. “We are not simply baptizing a particular public policy agenda or means,” Summers states, but seeking a manner of living that allows each person to reach his/her fullest potential. (more…)

Pope Francis gives President Obama a copy of his exhortation Evangelii Gaudium (The Joy of the Gospel”)

Pope Francis, the first Latin American pontiff, and Barack Obama, the first black American president, finally met today in an historic tête-à-tête inside the Vatican Apostolic Palace – and for nearly double the originally scheduled time.

Romans could peer inside the fortified Vatican walls via a special streaming set up on Vatican TV’s web site, where they saw a U.S. delegation (which included Secretary of State John Kerry, National Security Adviser Susan Rice and White House Press Secretary Jay Carney) checking watches while waiting in earnest for the two world leaders to conclude their meeting.

It is no small secret that there is considerably high tension between the Catholic bishops of America and the Obama Administration, as the Catholic episcopacy has opposed Obamacare’s controversial mandates concerning the provision of contraceptive products, sterilizations and abortafacients.

The Bishop of Rome is, no doubt, on his American bishops’ side.

With the computer speakers on full blast, it was the closest thing to eavesdropping on the two men, or at least an honest attempt to do so. Though no shouting matches could be overheard, my own fantasy led me to envision the Holy Father “schooling” the President.
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Acton’s busy week of media appearances continued last night with Acton President Rev. Robert A. Sirico joining guest host Arthur C. Brooks – president of the American Enterprise Institute – on The Hugh Hewitt Show to discuss Pope Francis, Evangelii Gaudium, and the compatibility of Catholic social teaching with free market capitalism. We’ve embedded the interview for you below, and added the video of Arthur Brooks’ 2012 Acton University plenary address after the jump.

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