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Front Page News:

November 19, 2008


 

Pittsfield Rotary to UNH Speaker:


Who Shall Assist the Poor? An Inquiry into the Role of Markets, Private Charity and Government December 10, 2008 at 7:00 p.m.


This event will take place at the Pittsfield Community Center in Pittsfield, NH and will feature Thomas Birch of the University of New Hampshire.


Professor Birch’s teaching and research has spanned fields such as public finance, history of economic thought and monetary economics. His publications include topics in government spending and taxation as well as articles on major economic thinkers. Professor Birch teaches in both the business and humanities programs at UNH Manchester.


Birch uses the writings of Adam Smith (The Wealth of Nations and The Theory of Moral Sentiments) to frame some of the economic, psychological and ethical issues regarding how best to assist the poor. First, the competitive free market perspective that economic growth provides a “rising tide that lifts all boats” is considered and related to contemporary China. This “Invisible Hand” perspective is juxtaposed against a less well known problem that Adam Smith recognized, namely the tendency of the poor to conceal their poverty (for fear of social disapprobation) and the rich to segregate themselves from the poor. This creates what I call an “Invisible Poor” problem and has implications for whether or not private charity is sufficient for assisting the poor. Finally, the role of government in providing assistance to the poor is considered, an option that Smith did not rule out although he was critical of the government policies in existence during his time yet relevant to the current U.S. welfare policy debate. Using Smith’s own economic and ethical thought and invoking the work of modern economists (e.g., the concept of “public goods”) a case is made for the government to assist the poor although the precise type of assistance and the complementary role of private charity and markets is a fertile topic for debate.


This program was made possible by the University of New Hampshire Speakers Bureau which connects faculty and staff speakers with non-profit organizations to share the research and knowledge of the university with the people and communities of New Hampshire. For more information on obtaining a speaker for your organization, contact the UNH Speakers Bureau at (603) 862-4401 or on the web at www.unh.edu/speakersbureau.


For more information on this event, contact the Pittsfield Rotary at 603-435-7447 or [email protected].


 


 

 











 
 

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