Poverty

‘Democratic socialist’ policies made the poor poorer: Study

"Christians who oppose government intervention are often accused of harboring indifference, or antipathy, for the poor. But an abundance of evidence from two continents shows that welfare state policies actually reduce the wealth of the poor and raise prices, while benefiting the upper-middle class and well-connected corporations at taxpayers’ expense." - Acton

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AG Barr on the idea that government social programs can replace the virtues instilled by religion

"What Barr describes is a long-term shift from an understanding that a robust civil society, including religious institutions, could promote healthy norms such as sobriety and self-discipline to a belief that government could be relied upon for rehabilitation, the term emphasized by the Kennedy administration when it first authorized federal grants for social services." - National Review

382 reads

“... it seems we are always about to solve poverty.”

"To the extent that flourishing economies burst forth from fertile soil, it’s worth asking whether economic experiments like these can aid us in understanding how soil that is currently infertile might be enriched. But we should also ask whether some of our current efforts are poisonous rather than enriching." - Acton

300 reads

Drucker on the church that puts economics in perspective

"The economy is a system through which we exchange value and make a contribution that benefits both ourselves and others. Accordingly, it would be tempting to arrive at some judgment of our own value as a person based on the rewards that arise through our economic participation. Of course, that isn’t true or even mostly true." - Acton

339 reads

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