Home
/
RELIGION & LIBERTY ONLINE
/
Samuelson on ‘The Global Poverty Trap’
Samuelson on ‘The Global Poverty Trap’
Dec 29, 2025 12:04 AM

Washington Post columnist Robert J. Samuelson discusses a new book on economic history that looks at the poverty problem from the perspective of “nature vs. nurture.”

Comes now Gregory Clark, an economist who interestingly takes the side of culture. In an important new book, ” A Farewell to Alms: A Brief Economic History of the World,” Clark suggests that much of the world’s remaining poverty is semi-permanent. Modern technology and management are widely available, but many societies can’t take advantage because their values and social organization are antagonistic. Prescribing economically sensible policies (open markets, secure property rights, sound money) can’t e this bedrock resistance.

“There is no simple economic medicine that will guarantee growth, and plicated economic surgery offers no clear prospect of relief for societies afflicted with poverty,” he writes. Various forms of foreign assistance “may disappear into the pockets of Western consultants and the corrupt rulers of these societies.” Because some societies encourage growth and some don’t, the gap between the richest nations and the poorest is actually greater today (50 to 1) than in 1800 (4 to 1), Clark estimates.

Samuelson notes that “Clark’s theory is controversial and, at best, needs to be qualified.” In his column, The Global Poverty Trap, Samuelson summarizes Clark’s view: “Capitalism in its many variants has been shown, he notes, to be a prodigious generator of wealth. But it will not spring forth magically from a few big industrial projects or cookie-cutter policies imposed by outside experts. It’s culture that nourishes productive policies and behavior.”

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Jimmy Lai coming up on one year in prison as new court date is set in pro-democracy activist’s case
By the time Lai appears in court on Dec. 28 to face treason charges, he will have spent almost a year in prison, during which time his panies have been folded and six of his senior-ranking colleagues have all been arrested. Read More… Jimmy Lai, a 73-year-old Hong Kong media mogul, outspoken critic of China, pro-democracy activist, and recipient of the Acton Institute’s 2020 Faith and Freedom Award, will approach a year behind bars as his national security case is...
The current labor crisis started before the pandemic and has much to teach us
Young people are constantly presented with vocational blueprints and cookie-cutter college tracks that ignore plexity of the human person and the diversity of human needs. Read More… The United States is facing a labor shortage of epic proportions. With over 10 million jobs currently available and almost 9 million available workers waiting on the sidelines, “the U.S. now has more job openings than any time in history,” according to NBC News. The Biden administration surely bears some of the blame,...
Hold internet companies responsible for content on their platforms, not just the government
The alternative to holding panies like Facebook liable for third-party content on their sites is a regulatory machine that poses a far greater threat to free speech than self-monitoring. Read More… Frances Haugen’s recent whistleblower testimony regarding Facebook will only stoke the fires of the battle heating up in courts and legislatures over provisions originally addressed in Rule 230 of the Communications Decency Act. Limits placed by private panies on individuals and organizations have raised an alarm on both ends...
Civil rights leader pleads not guilty to charges related to Tiananmen Square Massacre vigil
Even the memory of the massacre has e a threat to Hong Kong and Chinese authorities, as they crack down on mass attendance at public vigils. Read More… The former vice chair of a now-disbanded civil rights group,​​ the Hong Kong Alliance in Support of Patriotic Democratic Movements of China, which also organizes the annual Tiananmen Square vigil, pleaded not guilty to charges of inciting others to take part in this year’s banned vigil. Chow Hang-tung, representing herself, appeared in...
University of Hong Kong demands Tiananmen Square Massacre memorial statue be forcibly removed from campus grounds
The Pillar of Shame has stood as a memorial to the lives lost during the Tiananmen Square Massacre for 24 years. Its removal is another sign that the Hong Kong government will not tolerate dissent even in the form of memory. Read More… The University of Hong Kong requested that members of a prominent but now-disbanded social rights group remove from campus grounds its famous statue, the Pillar of Shame, which pays tribute to victims in Beijing’s violent crackdown during...
School choice is in jeopardy in a case before the Supreme Court
While the case before the Court concerns rural Maine, the implications for parents across the nation are clear: state funds should continue to be available to parents for religious schools and is no violation of the Establishment Clause. Read More… The difference between a “Christian organization” and an “organization that does Christian things” might seem like a distinction without a difference. But it is precisely this difference that is at the heart of the question presented to the U.S. Supreme...
Books offer stability, renewal of American ideals
The written word serves as a landmark set by our forefathers. Being in the presence of books both old and rare has a way of making us look at them with fresh eyes. Read More… Long after we’ve all passed on, how will future generations remember us? One answer: books. Certainlythere will be landmarks and buildings and other memorabilia that help our descendants understand our society as it exists today, along with the people who helped shape it. But there...
We need a ‘Forbes 400 Poorest Americans’ list
Would highlighting the least among us elicit only predictable ideological reactions, or serve to encourage a new kind of entrepreneurial initiative? Read More… In the 1936 film My Man Godfrey, an oddly well-spoken “forgotten man” whose temporary lodgings are a city dump, finds himself the object of a game played by a pair of rich sisters, one of whom takes a fancy to him. Seeing in Godfrey a project, or “protégé,” the more likable sister decides to give him a...
Privilege and price controls make USPS too big to fail
A cut in size and a little taxation could just save the USPS from itself. Read More… The United States Postal Service (USPS) e under criticism for extending first-class delivery times as part of Postmaster General Louis DeJoy’s 10-year plan to revitalize the agency. According to Tyler Powell and David Wessel at Brookings, “The USPS has operated at a loss since 2007.” In response to the news of delayed service, Senator Kirsten Gillibrand, D-N.Y.,tweeted, “Louis DeJoy is wrong. We don’t...
Rising to the challenges of ‘so-so automation’
If we assume a chaos narrative, humans have little hope peting with our petitors. But through the lens of God’s creative design, humans e protagonists in a bigger, more mysterious story of economic abundance. Read More… Fears about job loss and human obsolescence continue to consume the cultural pounded by ongoing strides in artificial intelligence and machine learning. The job-killing robots are almost at the door, we are told, mere moments away from replacing the last traces of human inefficiency...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved