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Dr. Wayne Grudem: Biblical Values Are the Solution to World Poverty
At the Illinois Family Institute’s 2016 Worldview Conference, theologian Dr. Wayne Grudem discussed the book he co-wrote with economist Dr. Barry Asmus titled The Poverty of Nations: A Sustainable Solution, which examines the reasons for poverty and the reasons for prosperity.
Dr. Grudem shared that “Wealth and poverty are primarily determined by policies and factors that affect whole nations.” In order to reduce poverty and increase prosperity, gross national product and per capita income must be raised. The question is how to achieve those goals.
Dr. Grudem critiqued the commonly recommended solutions for eliminating poverty, including foreign aid, debt …
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