Experts Discuss The Poverty of Nations

by Will Duncan, Public Relations Writer

Cedarville University will host a seminar entitled, The Poverty of Nations, on Tuesday, Sept. 2, with special guests Wayne Grudem, Ph.D. and Barry Asmus, Ph.D., co-authors of “The Poverty of Nations: A Sustainable Solution.” The event will be held in the Dixon Ministry Center at 7 p.m. and is open to the public.

Grudem and Asmus are nationally known for their economic and biblical perspectives. Asmus is a senior economist with the National Center for Policy Analysis, and Grudem is a research professor of theology and biblical studies at Phoenix Seminary. 

According to their book, Grudem and Asmus believe the solution to solving national poverty is in a comprehensive development plan that integrates the principles of a free market system with biblical teaching on social ethics. Through personal freedom, the rule of law, private property, moral virtue and education, Grudem and Asmus believe there is a clear path for promoting economic prosperity and safe-guarding a country’s long-term stability. 

“As Americans, we are always trying to assess our place in the world's economy. What are the main hindrances to growing economies in impoverished nations? Can some of these hindrances be overcome? Even closer to home, what is my responsibility as a Christian? What are the best ways to help the world's poor? How does the Gospel lead us to engage needs around the world?” said Dr. Jason Lee, dean of the school of biblical and theological studies.

Raising awareness of poverty issues in southwestern Ohio has been a goal of faculty and students in Cedarville’s social work program. Each year they host a “Dine Out for Hunger” week that encourages people to eat at specific restaurants, with a percentage of the revenue being donated to a local nonprofit organization that serves the hungry. The Life Enrichment Center of Dayton has been one organization that has benefited from the annual program.

Asmus has been named by USA Today as one of the five most requested speakers in the United States. Over the last 25 years, Asmus has spoken to thousands of companies and associations throughout the United States. He has testified before the House Ways and Means Committee regarding our income tax system and was a featured speaker in a privatizing Social Security conference for Western European leaders. On recent trips to Romania, Albania, China and Peru, Asmus encouraged government leaders to pass free market, low tax, protected property rights and free trade policies. 

Asmus is the author of nine books. His book “Crossroads: The Great American Experiment” was nominated for a H.L Mencken Award. As a professor of economics, he was twice voted University Professor of the Year and was honored with the Freedom Foundation Award at Valley Forge for Private Enterprise Education. He co-anchored a syndicated radio called “Perspectives on the Economy.” Asmus is an effective advocate of free market economics. He is a recognized thinker who delivers his ideas in an enthusiastic and energy-filled presentation.

Grudem is an evangelical theologian, seminary professor and author. He co-founded the Council on Biblical Manhood and Womanhood, and served as the general editor of the ESV Study Bible. Prior to his current position at Phoenix Seminary, he taught for 20 years and was the chair of the department of biblical systematic theology at Trinity Evangelical Divinity School in suburban Chicago.

Located in southwest Ohio, Cedarville University is an accredited, Christ-centered, Baptist institution with an enrollment of 3,400 undergraduate, graduate, and online students in more than 100 areas of study. Founded in 1887, Cedarville is recognized nationally for its authentic Christian community, rigorous academic programs, strong graduation and retention rates, accredited professional and health science offerings, and leading student satisfaction ratings.