Over the last two decades, global poverty has plummeted and the world’s poorest people have steadily climbed out of the shadow of death. Yet many Christians cannot distinguish between dire poverty and e inequality, falsely believe both are worsening, and oppose the very policies that have lifted the world’s poor out of malnutrition.

“Why do we underestimate success?” asks Philip Booth in a new essay forReligion & Liberty Transatlantic. “Why do we accept fake news about these issues?”

Booth– a professor of finance, public policy, and ethics at the UK’s largest Catholic university (St. Mary’s University, Twickenham) – writes that people of faith rightly wish to alleviate poverty. Furthermore, to those with only a passing understanding of economics, news of widening “inequality” seems wrong, even immoral. As a result, believers often embrace the economic program of anyone who professes to care about the needy without understanding the way those policies actually affect the most vulnerable, frequently in deleterious ways.

Booth explainsone reason Christians choose economic policies based on how they make us feel, rather than the empirical basis of their results:

Philosopher Steven Pinker argues that this tendency is at least partly to do with the “psychology of moralization,” whereby pete for moral authority. Critics of the present state of affairs who argue that things should be much better are seen as morally engaged, whereas those who say things are not too bad are seen as apathetic.

This is really important for Christians. The virtue of prudence demands that we think carefully before we take positions. We should say things that will lead the world to e a better place, not things that lead usto be seenas better people. Bad economic policy leads to misery. If Christians encourage the development of bad economic policy out of virtue signaling, they bear culpability for people’s poverty. We have a responsibility to contribute to this debate with accurate analysis.

Booth, who is also a senioracademic fellow at theInstitute of Economic Affairsand a lecturer at Acton University 2017, relates in detail how poverty and e inequality are related, how they differ, and how Christians ought to look at each of them. He explores how Christians should look at free markets and international trade. And he explains why he believes that widening e inequality is a serious spiritual problem – for those at the top.

His expert analysis will give anyone seeking to understand plex economic issues the necessary tools to better serve his or her neighbor.

You can read his full article here.

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