IT’S A BEAUTIFUL DAY: Bono Says, Capitalism Takes More People Out of Poverty Than Hand Outs

Published on August 13, 2013

Just recently drawing upon his Christian faith (and possibly the economics influence of Professor Ayittey?), in a speech at Georgetown University, Bono altered his economic and political views and declared that only capitalism can end poverty.

“Aid is just a stopgap,” he said. “Commerce [and] entrepreneurial capitalism take more people out of poverty than aid. We need Africa to become an economic powerhouse.”

Read more: blog.independent.org