Bono: Smarter than the Average Celebrity

Don’t believe me? Read this:

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.”

Quite so, and you don’t need to be particularly religious to know this. You just need to understand economics.