A Joy and A Hope

Great, great news today in the awarding of the Nobel Peace Prize. And to think I thought they were out to lunch. Best line I've read this morning is "and, in something of a departure, it's gone to somebody who actually deserves it".

You can read more about it here. The great news here is that the Nobel Committee has recognized the premise that free enterprise and capitalism offer just as much hope, if not more, of conquering the persistent and vexing problem of extreme poverty; and, that people engaged in free enterprise towards their own betterment will be less likely fall under the sway of hateful idealogies or abide their government's militancy.

The recognition that providing capital to individuals can help them lift themselves out of poverty, something which massive amounts of aid and government programs have failed to do, is a stunning admission for an international organization. Not that government can't do its part, it has the power to do tremendous good for the poor, just not how you think. And this guy will tell you how. Here's hoping that someday the Nobel Committee will recognize him.