Economics

Center on Wealth & Poverty

Two Party Platforms: Only One Shot at Turning Around the Economy

The platforms of the two major parties on economics, finance, and regulation could hardly be more different — and only one of them would keep our economy safe, maybe even turn it around. But before I analyze the platforms, let me get you good and worried about the state of America’s finances, and hence of our economy. The U.S. Has Read More ›

The 5,000-Year Government Debt Bubble

This article is the unedited version of Scott Powell’s September 8, 2016 Wall Street Journal letter to the editor. In his article, “The 5,000-Year Government Debt Bubble” assistant editor James Freeman’s observation that Fed Chair Janet Yellen’s “tool kit is already crowded,” could be interpreted as inferring that there are ways for the Fed to intervene and mitigate the next economic Read More ›

Riots, Family Breakdown and Ballooning Debt: A Common Denominator is the Welfare State

Donald Trump set off another firestorm on Twitter late last week when he pointed to the slaying of an NBA basketball star’s cousin as further evidence that the Democrats’ approach to helping blacks has failed. I found the timing of the tweet in poor taste, sent out while the family is still raw with grief. But however clumsily managed, Trump Read More ›

Defeating Terrorism Overseas and Civilization Jihad at Home

With regard to foreign policy and issues of war and peace, it’s important to reflect on history to understand how the fighting of wars has changed and what is at stake today for all Americans. Looking back over the last century, World War I and II, had ideological components and but the main events were full-blown military engagements that entailed Read More ›

Why Religious and Economic Freedom Stand and Fall Together

Donald Trump has been courting evangelicals and other social conservatives of late, from his high-profile meeting with evangelical leaders in New York City to his selection of Indiana Governor Mike Pence for his running mate. The question on many minds is whether Trump is in the middle of a slow-moving come-to-conservatism moment, or just shrewdly courting a key Republican constituency Read More ›

Listen: George Gilder at FreedomFest 2016

It’s time for a new paradigm of economic thought. The key to understanding–and instigating–economic growth, Gilder argues, lies in information theory. Hear from economist and NYT bestselling author George Gilder as he expounds on the key messages of his latest book The Scandal of Money: Why Wall Street Recovers but the Economy Never Does at the 2016 FreedomFest conference in Las Vegas. Listen here.

Stephen Meyer on Brexit: Markets Have Nothing to Fear

At National Review, Discovery Institute Senior Fellow Stephen Meyer looks at Brexit and the ensuing panic in the financial markets. His analysis: there is nothing to fear. Meyer writes: ”an increasingly democratic Britain acting once again in accord with its own national interests will likely result in more, not less, free trade and greater economic freedom — not only for Britain but also for its key trading partners, including the United States. Economic growth will be the inevitable result.” You can read Meyer’s article, Goodbye, EU-Imposed Regulation, at the National Review website.