|
April 18, 2009
The Economics and Theology of Aid
William Easterly invites a response to his earlier post on a prayer for the end of poverty that reads "(t)he world now has the means to end extreme poverty, we pray we will have the will." As I read it, the prayer means "the political will to transfer resources from rich people to poor people, using force if necessary." The response closes with the following question: "What is the theology of not vigilantly supporting and/or advocating the most effective poverty solutions available?" It's an excellent question (more on my suggestion in a minute) but my knee-jerk response is to answer a question with a question: "what is the theology of vigilantly supporting and/or advocating anti-poverty programs that are demonstrable failures?" To paraphrase Murray Rothbard, what is the theology (and ecclesiology) of having outspoken opinions about economic issues while not knowing any economics? In his excellent book The Vision of the Anointed: Self-Congratulation as a Basis for Social Policy, Thomas Sowell speaks of an imperviousness to evidence that, I'm afraid, characterizes a lot of advocates of anti-poverty programs. Note that I did not say "people who wish to eradicate poverty" because people who wish to eradicate poverty and supporters of anti-poverty programs aren't necessarily the same people. While we're speaking in Biblical terms, a lot of aid programs in the last five decades have given us a lost half century of terrible stewardship. So what are the alternatives to failed aid programs? I offer, once again, Lant Pritchett's Let Their People Come: Breaking the Gridlock on Global Labor Mobility, available for free download from the Center for Global Development. Pritchett estimates the global gains from an international free market in labor, shows that they dwarf any and all gains from even the most successful aid programs, and casts the international immigration in explicitly moral terms. I would therefore rephrase the question asked at the end of Jonathan Denn's response to William Easterly: what is the theology of vigilantly supporting and/or advocating the use of force to prevent mutually beneficial voluntary exchanges, particularly when those voluntary exchanges have the potential to carry us a long way toward the elimination of extreme poverty? Along those lines, here's a picture I drew on my office whiteboard after reading Pritchett's book (meme HT: www.thisisindexed.com). While she was visiting Rhodes, Deirdre McCloskey kindly asked to be added to the intersection. This perhaps suggests a new personal mission statement: make both sets bigger, and increase the degree to which they overlap.
Posted by Art Carden at 04:14 PM in Economics
|
The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith
Our Bloggers
Joshua HallRobert Lawson E. Frank Stephenson Michael C. Munger Lawrence H. White Craig Depken Tim Shaughnessy Edward J. Lopez Brad Smith Mike DeBow Wilson Mixon Art Carden Noel Campbell
Search
Archives
By Author:
Joshua HallRobert Lawson E. Frank Stephenson Michael C. Munger Lawrence H. White Edward Bierhanzl Craig Depken Ralph R. Frasca Tim Shaughnessy Edward J. Lopez Brad Smith Mike DeBow Wilson Mixon Art Carden Noel Campbell
By Month:
May 2013April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 March 2012 February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 June 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 June 2006 May 2006 April 2006 March 2006 February 2006 January 2006 December 2005 November 2005 October 2005 September 2005 August 2005 July 2005 June 2005 May 2005 April 2005 March 2005 February 2005 January 2005 December 2004 November 2004 October 2004 September 2004 August 2004 July 2004
Powered by
Site design by |