A review of The Poverty of Nations: a Sustainable Solution by Wayne Grudem and Barry Asmus. Published by Crossway.
All Christians can strongly affirm the premise of this book: God cares deeply for the plight of the poor, and the church must seek out ways to alleviate such suffering. Unfortunately, The Poverty of Nations represents an unpersuasively narrow engagement with economics instead of the robust economic and theological engagement that we need.
Theologian Wayne Grudem and economist Barry Asmus seek to present ‘a sustainable solution’ for the poverty of majority-world nations. Their solution, in short, is a particular brand of free-market capitalism, characterized by continuously creating more goods and services in order to enter ‘a path of ever-increasing prosperity’ (p. 25). The authors seek to persuade their readers by comparing alternative economic systems with free-market capitalism and proposing a series of policies nations can adopt to move from poverty to prosperity. In addition, they seek to show how the Christian scriptures affirm the economic policies they propose.