HOMEMASS MEDIAXavier in the NewsCapitalism and the Dalai Lama
17 April 2014
Capitalism and the Dalai Lama
Mass media - News Sala i Martín
Arthur C. Brooks / NYTimes
  
 

WHAT can Washington, D.C., learn from a Buddhist monk? In early 2013, I traveled with two colleagues to Dharamsala, India, to meet with the Dalai Lama. His Holiness has lived there since being driven from his Tibetan homeland by the Chinese government in 1959. From his outpost in the Himalayan foothills, he anchored the Tibetan government until 2011 and continues to serve as a spiritual shepherd for hundreds of millions of people, Buddhists and non-Buddhists alike.

[...]

Historically, free enterprise has done this to astonishing effect. In a remarkable paper, Maxim Pinkovskiy of M.I.T. and Xavier Sala-i-Martin of Columbia University calculate that the fraction of the world’s population living on a dollar a day — after adjusting for inflation — plummeted by 80 percent between 1970 and 2006. This is history’s greatest antipoverty achievement [...]

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