The Poverty of Nations: A sustainable Solution

Written jointly by Barry Asmus and Wayne Grudem The whole world has a stake in the war against poverty and leaders across the globe are looking for a permanent solution. That’s why economist Barry Asmus (PhD, Montana State University) and theologian Wayne Grudem (PhD, University of Cambridge; DD, Westminster Theological...

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Written jointly by Barry Asmus and Wayne Grudem

The whole world has a stake in the war against poverty and leaders across the globe are looking for a permanent solution. That’s why economist Barry Asmus (PhD, Montana State University) and theologian Wayne Grudem (PhD, University of Cambridge; DD, Westminster Theological Seminary) have teamed up to outline a robust proposal for fighting poverty on a national level. These two experts believe the solution lies in a comprehensive development plan that integrates the principles of a free market system with the Bible’s teachings on social ethics.

Speaking to the importance of personal freedom, the rule of law, private property, moral virtue, and education, this book offers a clear path for promoting economic prosperity and safeguarding a country’s long-term stability—a sustainable solution for a world looking for the way forward.

Table of Contents:

  1. The Goal: Produce More Goods and Services
  2. Wrong Goals: Solutions That Will Not Lead to Prosperity
  3. Wrong Systems: Economic Systems That Did Not Lead to Prosperity
  4. The Economic System: The Free Market
  5. The Mechanics of the System: How Does a Free Market Work?
  6. The Moral Advantages of the System: A Free Market Best Promotes Moral Virtues
  7. The Government of the System: Leaders Who Use Their Power for the Benefit of the People as a Whole
  8. The Freedoms Protected by the Government: Essential Liberties for Economic Growth
  9. The Values of the System: Cultural Beliefs That Will Encourage Economic Growth

Appendix: A Composite List of Factors That Will Enable a Nation to Overcome Poverty

 

Endorsement:

“I became an economist because I fell in love with the idea that a nation’s choices could determine whether citizens faced wealth or poverty. Thirty years of research has led me to believe that wealth comes from a choice to support freedom and limited government. I became a Christian because I fell in love with Jesus Christ. The Bible says we were created in God’s image and that while we should love our neighbor, we are also meant to be creators ourselves. I never thought these were mutually exclusive beliefs. In fact, I believe biblical truth and free markets go hand in hand. I have searched far and wide for a book that melds these two worldviews. Asmus and Grudum have done it! A top-flight economist and a renowned theologian have put together a bulletproof antidote to poverty. It’s a tour de force. The church and the state will find in this book a recipe for true, loving, and lasting justice.” Brian Wesbury, Chief Economist, First Trust Advisors LP; Former Chief Economist, Joint Economic Committee of the US Congress

"The goal of The Poverty of Nations is bold and ambitious. The authors present a series of steps or factors that can enable poor countries to escape poverty. The issue is not the poverty of individuals and how some individuals might be helped. Instead, the goal is to provide solutions to poverty at the national level. Barry Asmus is an economist, Wayne Grudem a theologian, and they collaborate on the belief that sustainable solutions must be both economically sound and supported by the Bible’s moral teachings. An appendix summarizes the book’s findings in a list of seventy-nine factors that would enable a country to pull out of poverty." - The Independents Institute

Paperback, 400 pages, bibliography, notes, general index, Scripture texts' index,

 

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