Posts tagged with: poverty

McDonald’s has been under fire over its Practical Money Skills Budget Journal, a planning tool designed to help employees organize their personal finances. The tool’s sample budget fails to account for a variety of first-world expenses, leading to a predictable cacophony of folks calling for newer, fresher, more enlightened price-fixing tricks. Stephen Colbert channels the sentiments well.

McDonald's Budget

Sample Budget for McDonald’s Employees

On the finer points, it can be tempting to get into the weeds, and many already have. Some have focused on the budget itself, debating everything from the actual cost of heat to the necessity of a $100 cable bill. Others have aimed to play the CFO, imagining how Big Mac prices might be impacted if McDonald’s paid its workers the $15 per hour they demand. It’s all been thoroughly deconstructed, but rest assured, the next hypothetical is well on its way.

Yet as fun as all this back-and-forth may be, it misses the larger reality: Prices are not play things.

As economist Art Carden has pointed out, raising the minimum wage is likely to lead to a host of deleterious effects: (more…)

Blog author: jcarter
posted by on Thursday, August 1, 2013

foodieFood has been an essential part of Christian culture since Jesus shared a last meal with his Apostles in Jerusalem before his crucifixion. So it’s not surprising that Christians — especially young Christians in urban areas — are the epicurean hobby culture of “foodies.” But as Erik Bonkovsky, a pastor in Richmond, Virginia, says, a truly great and thoroughly Christian food scene is one that blesses the privileged and under-privileged alike:

Foodie culture—particularly with a local and healthy dimension—is now ubiquitous in every major city. Farmers markets, local-sourced menus, and farm-to-table operations have proliferated. However, many of these increased food options are limited to the well-resourced. ‘Foodie culture’ has become one more way to cultivate a lifestyle-based identity. One wonders, “If I cook local-grazed free-range pork without posting it on Instagram, did I really eat it?”

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Blog author: ehilton
posted by on Thursday, July 25, 2013

Cheryl Miller, Executive Director of Perpetual Help Home (a PovertyCure partner) offers insight to poverty in America in this new video. Miller, an Acton University alumnus, focuses on the dignity of the human being.

A study out of Harvard University focusing on tax credits and other tax expenditures has caused 24/7 Wall St. to declare that America has 10 cities where the poor just can’t get rich. Among the reasons that economic upward mobility is so Detroit Area Economy Worsens As Big Three Automakers Face Dire Crisisminimal in these cities: horrible public education (leading to high dropout rates) and being raised in single-mother households. What these cities share is an economic segregation: two distinct classes of people, with virtually nothing in common.

However, it seems not only bold but disingenuous to say that there “are cities where the poor cannot get rich.” Is it tough? Yes. Is it impossible? Of course not. In A Field Guide to the Hero’s Journey, entrepreneur Jeff Sandefer tells how he made his first job work for him. It wasn’t glamorous. (more…)

alleviating-poverty“We see poverty in the developing world and we ask—what can I do?” says Michael Matheson Miller, Research Fellow at the Acton Institute and the Director of Poverty Cure, “But what if the question that animates our activity is the wrong one?”

What if instead of asking how we can alleviate poverty, we asked, “How do people in the developing world create prosperity for their families and their communities?” This sounds like a simple shift, but it can transform the way we think about poverty and the poorest among us because it takes the focus off ourselves and puts it where it belongs. People in need are not objects of our charity, they are subjects, and should be seen as the protagonists of their own development. Changing the question helps lead to an inter-subjective relationship.

Ask people in the developing world what they want most, and they don’t mention more aid or charity. They want jobs; they want the opportunity to build businesses; they want access to markets, to broader circles of exchange so they can provide for their families. As Ghanaian entrepreneur Herman Chinery-Hesse told me, “The people here are not stupid. They’re just disconnected from global trade.”

Read more . . .

Blog author: adeleon
posted by on Wednesday, July 3, 2013

A common lesson that many of us were taught in grammar school was what defined an ‘opposite.’ As children we learn that hot and cold are antonyms; as are bad and good, living and dead, love and hate. One statement that I recently heard challenged a childhood preconception of mine. It declared that the opposite of love is not hate, but indifference.

If we think about what indifference is, we soon see that it is in stark opposition to love. To be neither hot nor cold toward a person in need is quite a horrific thing. It involves a lackadaisical attitude where we fail to see human beings as individual persons made in the image and likeness of God. If I have a neighbor down the street and do not care if his family is treated unjustly I am acting in an egocentric way. I am being indifferent and not – loving my neighbor as myself.

This idea troubled me and I began to wonder what ways I was acting indifferently toward others. My first thoughts were about homeless men and women whom I had ignored on the street. This notion shifted once again as I began to think not about whom I had ignored, but the reason behind why I had ignored them. I found two reasons.

The first had to do with my resources. I am a recent graduate of James Madison University in Harrisonburg, Virginia and an intern at the Acton Institute who has more debt than money to his name. Since I am not able to fully provide for myself I can only offer a bit of pocket money or volunteer from time to time. Because my resources are limited, my ability to help is limited.

The second reason, I am ashamed to say, is that I do not always take beggars at their word. I find that I am more likely to believe a man who is asking for gas money than a man who is looking to buy food. This may seem judgmental at first, however I do find that there is a logical reason behind my rationale. (more…)

This morning at Acton University I attended a fascinating lecture by Dr. Edd Noell, “Origins of Economics: The Scriptures and Early Church Fathers.” I have briefly examined one ancient Christian perspective on wealth in the past (here), but Dr. Noell’s survey today was far more expansive. For the benefit of PowerBlog readers, I would like to reflect on some of the major themes of his talk here as a sort of preview of what one could expect once the audio is available for sale. (more…)

willow-creek-community-churchs-new-care-centerA decade ago, Virginia Postrel argued in her book The Substance of Style that we live in an age of aesthetics, a period where the way things look, feel, and smell have come to matter to all social classes. She explained why the aesthetic aspects of products, services, and experiences are not merely cosmetic niceties but tap into deep human instincts and needs.

Many corporations, such as Apple and Target, have used this insight to attract new customers and increase customer loyalty. But social entrepreneurs whose “customers” are the poor and needy have been slow in making their services more aesthetically pleasing. One prominent exception is the services provided by Willow Creek Community Church, an evangelical megachurch located outside of Chicago. According to the Chicago Tribune,
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Many of you know Jay Richards from his regular lecturing at Acton University. He has a newly co-authored piece in The Daily Caller, “Enterprise is the most ‘effective altruism.’” There’s more to be said on the complex issue of helping the poor than can be put in a single op-ed, of course, but there’s some great food for thought here, particularly for those who view business and markets as necessarily part of the problem. Jay and Anne Bradley use the example of Microsoft to explain the confusion:

The Gates Foundation has saved an estimated 5 million lives thus far. But we rarely hear of the countless lives saved or improved by the profit-seeking activities of Microsoft…. One effect is the Foundation itself. To be able to start such a large aid organization, Bill Gates first had to be a successful entrepreneur. As a philanthropist, Gates is not “giving back” to the world, as if he had taken from it in the first place. His philanthropic giving is possible only because he first “gave” as an entrepreneur.

… Microsoft succeeded only because they provided value for hundreds of millions of people. Gates had to meet the needs of his customers … And to stay ahead, he had to invest wisely rather than consume or give away all the profits.

Blog author: ehilton
posted by on Thursday, June 6, 2013

The newest issue of The Economist features a story that suggests we are nearing the end of abject poverty – the dire, horrid poverty that leaves people stuck in agonizing, short lives. The good news is that we know how to fix this problem:economist poverty (more…)