Why do some societies thrive and others perpetually struggle? How can we alleviate poverty most effectively and help underdeveloped nations grow strong and self-sufficient?

Wayne Grudem on the Solution to Global Poverty

by JOSEPH SUNDE

“There is only one effective solution to world poverty,” says theologian Wayne Grudem in a recent lecture on his latest book, The Poverty of Nations, co-authored with economist Barry Asmus. That solution, he argues, is a rightly ordered free market, and such a solution, he goes further, is “consistent with the teachings of the Bible about productivity, property, government, and personal moral values.”

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