Co-authored by Scott Powell, senior fellow at Discovery Institute and managing partner at RemingtonRand, and Robert Koch, former head of the intellectual property practice group at Milbank, Tweed, Hadley & McCloy in Washington, D.C.
A deteriorating intellectual property regime in the U.S. has been quietly unfolding over the last decade and has contributed to the declining standard of living for middle class Americans, the stagnant economy, and the outsourcing of high-tech manufacturing.
The Great Recession of 2008 technically ended in June 2009, but normal recovery never got traction in the next eight years of President Obama’s two terms. Continue reading
Writing at The Independent Review, Senior Fellow George Gilder diagnoses the central problem with Wall Street and big banks today, which he calls “the chaos of floating currencies.”
Banks used to help companies of all sectors and sizes, but the new Wall Street favors regulatory overreach, costly litigation, and financial volatility that paralyze Main Street and Silicon Valley. The transformation of American banking and finance arose from a regime of excessive financial regulation, which in turn has roots in the government’s manipulation of money.
Continue reading The New Wall Street and the High Cost of Manipulating Money.
On April 5th, Steve Forbes, Chairman & Editor-In-Chief of Forbes Media, and Discovery Institute co-founder George Gilder were in Seattle to discuss some of the biggest issues facing today’s economy. Their discussion covered a wide range of pertinent topics–including trade, technological shifts, increased regulatory and tax burdens, and monetary uncertainty.
Visit our YouTube channel to watch our taping of Charting a New Course: How New Ideas on Trade & Money Can Revive the U.S. Economy..