Tuesday, November 30, 2004

Business and World Poverty

In Wayne Grudem's excellent book, Business for the Glory of God, he writes:
"I believe the only long-term solution to world poverty is business. That is because businesses produce goods, and businesses produce jobs. And businesses continue producing goods year after year, and continue providing jobs and paying wages year after year. Therefore if we are ever going to see long-term solutions to world poverty, I believe it will come through starting and maintaining productive, profitable businesses" (pp. 80-81).

A recent column by David Brooks--entitled "The Good News About Poverty"--points out that we are now in the 11th month of the most prosperous year in human history. The poorer countries are leading the way, and the developing world is leading this surge. "Write this on your forehead: Free trade reduces world suffering."