Posted by Tina
There is a cure for poverty and it isn’t massive government programs or wealth transfers. It involves creating an atmosphere that encourages people to create businesses and support the other businessmen of the community…take a look at a great essay and website that speaks about this very simple idea:
The Cure for Poverty, by Herbert E. Meyer
** The atmosphere that entrepreneurs require to survive and flourish is called the free market. The free market is comprised of property rights, the rule of law, a modest level of taxation, competent regulation, and a government that protects its citizens by assuring the countrys defense while doing the everyday things a government is supposed to do, such as building roads and bridges, operating schools, and delivering the mail. *** Because the free-market atmosphere that entrepreneurs require to survive and flourish is political and economic rather than chemical, like the Earths atmosphere theres no one formula that any competent technician can look up in a textbook and then follow. Maintaining this atmosphere monitoring it constantly and making the adjustments needed to sustain it as political and economic conditions change — is as much an art as a science. It takes a combination of technical knowledge, hard work, vision, and that unquantifiable gut feel for what to do and when to do it. **