Home
/
RELIGION & LIBERTY ONLINE
/
Samuelson on ‘The Global Poverty Trap’
Samuelson on ‘The Global Poverty Trap’
Dec 21, 2025 8:05 PM

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
Verse of the Day
  Commentary on Today's Verse   Commentary on 1 John 4:1-6   (Read 1 John 4:1-6)   Christians who are well acquainted with the Scriptures, may, in humble dependence on Divine teaching, discern those who set forth doctrines according to the apostles, and those who contradict them. The sum of revealed religion is in the doctrine concerning Christ, his person and office. The false...
Verse of the Day
  Philippians 2:14-16 In-Context   12 Therefore, my dear friends, as you have always obeyed-not only in my presence, but now much more in my absence-continue to work out your salvation with fear and trembling,   13 for it is God who works in you to will and to act in order to fulfill his good purpose.   14 Do everything without grumbling or...
Verse of the Day
  Commentary on Today's Verse   Commentary on Philippians 4:10-19   (Read Philippians 4:10-19)   It is a good work to succour and help a good minister in trouble. The nature of true Christian sympathy, is not only to feel concern for our friends in their troubles, but to do what we can to help them. The apostle was often in bonds, imprisonments, and...
Verse of the Day
  Commentary on Today's Verse   Commentary on Psalm 27:7-14   (Read Psalm 27:7-14)   Wherever the believer is, he can find a way to the throne of grace by prayer. God calls us by his Spirit, by his word, by his worship, and by special providences, merciful and afflicting. When we are foolishly making court to lying vanities, God is, in love to...
Verse of the Day
  Commentary on Today's Verse   Commentary on Deuteronomy 6:4-5   (Read Deuteronomy 6:4-5)   Here is a brief summary of religion, containing the first principles of faith and obedience. Jehovah our God is the only living and true God; he only is God, and he is but One God. Let us not desire to have any other. The three-fold mention of the Divine...
Verse of the Day
  1 Timothy 6:11 In-Context   9 Those who want to get rich fall into temptation and a trap and into many foolish and harmful desires that plunge people into ruin and destruction.   10 For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many...
Verse of the Day
  Commentary on Today's Verse   Complete Concise   Chapter Contents   Exhortations to meekness, gentleness, and humility. (1-5) To kindness towards all men, especially believers. (6-11) The Galatians guarded against the judaizing teachers. (12-15) A solemn blessing. (16-18)   Commentary on Galatians 6:1-5   (Read Galatians 6:1-5)   We are to bear one another's burdens. So we shall fulfil the law of Christ. This obliges to...
Verse of the Day
  Commentary on Today's Verse   Commentary on Proverbs 31:10-31   (Read Proverbs 31:10-31)   This is the description of a virtuous woman of those days, but the general outlines equally suit every age and nation. She is very careful to recommend herself to her husband's esteem and affection, to know his mind, and is willing that he rule over her. 1. She can...
Verse of the Day
  Commentary on Today's Verse   Commentary on Psalm 91:1-8   (Read Psalm 91:1-8)   He that by faith chooses God for his protector, shall find all in him that he needs or can desire. And those who have found the comfort of making the Lord their refuge, cannot but desire that others may do so. The spiritual life is protected by Divine grace...
Verse of the Day
  Commentary on Today's Verse   Chapter Contents   This is a hymn of praise suited to the times of the Messiah.   The song of praise in this chapter is suitable for the return of the outcasts of Israel from their long captivity, but it is especially suitable to the case of a sinner, when he first finds peace and joy in believing;...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved