Acton Institute Powerblog Archives

Post Tagged 'poverty'

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.” 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.” 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...

Coulter on Christianity and the Welfare State

In this Beliefnet interview conducted by Charlotte Allen, conservative firebrand Ann Coulter references the work of Acton senior fellow Marvin Olasky: Is it possible to be a good Christian and sincerely believe, as Jim Wallis does, that a bigger welfare state and higher taxes to fund it is the best way in a complex modern society for us to fulfill our Gospel obligation to help the poor? Continue Reading...

NBER on Globalization and Poverty

From the abstract of a new paper from the NBER, “Globalization and Poverty,” by Ann Harrison: “This essay surveys the evidence on the linkages between globalization and poverty. I focus on two measures of globalization: trade and international capital flows…. Continue Reading...

Bono: give us a call

The Rock Star, sounding kind of Acton-ish: Bono acknowledges that four years ago when he toured Africa with then U.S. Treasury Secretary Paul O’Neill, bringing private sector with him would never have crossed his mind. Continue Reading...
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