Acton Institute Powerblog Archives

Post Tagged 'poverty'

Trickle-Down Decadence

Anthony Esolen, from the March issue of Touchstone: The most bountiful alms that the rich can give the poor, apart from the personal donation of their time and means, are lives of virtue to emulate. Continue Reading...

Images of Plenty and Want

The conflicting images I spoke about last week, the obesity of poor children in America, are the subject of a weekend piece in the NYT, “India Prosperity Creates Paradox; Many Children Are Fat, Even More Are Famished.” Of course, in India these aren’t the same kids: by and large the poor ones aren’t the fat ones. Continue Reading...

Poor Kids in America are Fat

A new study finds that children growing up in poverty in America are disproportionately more likely to be obese, compared to other income groups (HT: God’s Politics). So, poor kids in the US are fat…and in this they are just like the rest of America: “The whole country is struggling with this,” said Virginia Chomitz , senior scientist at the Institute for Community Health at the Cambridge Health Alliance . Continue Reading...

Who Really Cares for the Poor?

Syracuse University professor Arthur Brooks challenges perceived mainstream social orthodoxy in his new book, Who Really Cares: America’s Charity Divide – Who Gives, Who Doesn’t and Why It Matters. For generations it has been assumed that political and social liberals are generous towards the poor while conservatives are proverbial tightwads. Continue Reading...

Objective and Subjective Well-Being

Gary Becker and Richard Posner examine the increasing gap between the rich and poor in terms of wealth and income. This gap was most recently highlighted in a report that “the richest 2% of adults in the world own more than half of global household wealth,” and the richest 1% hold 40% of wealth. Continue Reading...

Micro-Finance: A Way Out of Poverty

In awarding the Peace Prize to Muhammad Yunus and the Grameen Bank, the Nobel Committee has focused the world’s attention on the power of “bottom up” economic development. Jennifer Roback Morse reminds us that “the micro-credit movement has helped many of the poor become less poor, and to lift themselves, their families, and their neighbors out of abject poverty.” Dr. Continue Reading...

Creating Equality by Consolidating Power

Can you find the tension in the lead sentence from this WSJ story on the annual Communist Party meeting in China? Here it is: “China’s ruling communist elite opened an annual meeting that will focus on policies for spreading the nation’s newfound prosperity more evenly and on President Hu Jintao’s attempts to further consolidate his power.” It still amazes me that so many people still think that centralizing political power is both an effective way to spread out wealth and one that is therefore socially desirable. Continue Reading...

Religious Leaders Bash the Global Market

Why do so many clergy and religious activists reflexively attack the free market? Kishore Jayabalan takes a look at recent anti-business campaigns. “The very concepts of business and profit motive are often reason enough for religious leaders to condemn an activity as immoral and unethical, and criticisms of multinational corporations are just the same condemnations on a larger scale,” he writes. Continue Reading...

Lottery Talk

I just completed an interview that will air this Sunday on the Michigan Talk Network about state-run lotteries and Christian views on gambling for the “Michigan Gaming and Casino Show,” hosted by Ron Pritchard. Continue Reading...