Righteousness comes cheap

Thursday, June 30th, 2005 9:46 pm by Neal

In Righteousness comes cheap Jonathan Tobin elaborates on how the goals of the Live 8 concerts — forgiveness of debt and the pouring in of money to Africa — will not, in fact, eliminate poverty on the continent. But, results don’t matter when you measure success by how warm and fuzzy you feel. Tobin concludes:

Ending poverty is an outcome we should all desire. But you would think the 20th-century provided enough examples to show us the utter futility of central economic planning. But in the world of Live 8, maudlin sentimentality trumps history and the laws of economics every time.

So have a good time at the concert, and feel as good about yourself as you like.

But this Fourth of July, rather than excoriating America, the poor of the world and their sympathizers should look to it for an example of how freedom and prosperity are ultimately indivisible.

One Response to “Righteousness comes cheap”

  1. Anonymous Says:

    Reminds me of Al Gore in the 2000 campaign after income distributions were released stating he wanted to eliminate the lowest quintile from that distribution. It cannot be done!