Center on Wealth & Poverty
Over the last century, national socialism murdered tens of millions; international socialism murdered or starved at least a hundred million; and a softer socialism impoverished nations stretching from Europe to Latin America (see Venezuela). But apparently that’s all old and stupid history stuff. According to a new Harvard IOP poll, around 1 in 6 young voters identify as socialist, and Read More ›
At Forbes.com, Nathan Lewis reviews George Gilder’s argument for stable money in his latest book, The Scandal of Money: Why Wall Street Recovers but the Economy Never Does. Writes Lewis: “Money, Gilder argues, is not only a medium of exchange, it is a medium for the transmission of economic information. The information inherent in prices, or profit and loss, guides all activity in the market economy. When this information becomes corrupted – when there is so much noise in the transmission medium that the signal becomes lost – then gross errors take place.” Continue reading at Forbes.com.
At Forbes.com, Nathan Lewis reviews George Gilder’s argument for stable money in his latest book, The Scandal of Money: Why Wall Street Recovers but the Economy Never Does. Writes Lewis: “Money, Gilder argues, is not only a medium of exchange, it is a medium for the transmission of economic information. The information inherent in prices, or profit and loss, guides all activity in the market economy. When this information becomes corrupted – when there is so much noise in the transmission medium that the signal becomes lost – then gross errors take place.” Continue reading at Forbes.com.
George Gilder’s brilliant new book — The Scandal of Money — underscores an odd fact. There’s an expanding list of newspapermen and writers who, having reached a certain age and covered the intellectual and political wars, have turned late in their careers and at the peak of their powers to the problem of money. They are riveted by the recognition Read More ›
An article at breitbart.com — which accompanies an interview between George Gilder with Breitbart News Daily — examines the role that currency trading has played in the downward spiral of the U.S. economy, and the popular trend toward socialist solutions: “Gilder agreed that the average American understands that the system is broken and credited that understanding with the rise of the current populist revolt, most likely including the rise of Donald Trump as a Republican presidential contender. He cited currency trading as a key problem underlying the issue. In a few days the Bureau of International Settlements is going to estimate the total amount of currency trading. The last time they did it three years ago and currency trading came Read More ›
This article, published in Forbes, discusses Discovery Institute Senior Fellow George Gilder and his book The Scandal of Money: George Gilder offers an explanation and a solution: restoring monetary integrity. It’s radical and goes far beyond primitive “supply side economics.” The axis of restored prosperity is “entrepreneurial ingenuity,” founded in all the policies which make that possible, and all that such Read More ›
As famed economist and New York Times bestselling author George Gilder points out, “despite multi-billion dollar stimulus packages and near-zero interest rates, Wall Street recovers but the economy never does.” In his groundbreaking new book, The Scandal of Money, Gilder unveils a radical new explanation for our economic woes. Gilder also exposes the corruption of the Federal Reserve, Washington power-brokers, and Wall Street’s “too-big-to-fail” megabanks, Read More ›
Wall Street’s Triumph over Main Street The current world monetary and economic system favors Wall Street’s currency regime over both Main Street and Silicon Valley. Once offering a wide range of research, analysis, and support for the independent enterprises of America, the new Wall Street simply means giant banks informally nationalized by Washington, D.C., in behalf of a system of Read More ›
There should be no surprise that former Weather Underground terrorist Bill Ayers was found among the street demonstrators in Chicago who succeeded in shutting down Republican frontrunner Donald Trump’s campaign rally this week. What is going on? The Donald can be polarizing — sometimes inviting raucous response. But the real problem that gave rise to Trump is intolerance and the Read More ›
There should be no surprise that former Weather Underground terrorist Bill Ayers, who played a role in launching the political career of Barack Obama, was found among the street demonstrators in Chicago who succeeded in forcefully disrupting and shutting down Republican frontrunner Donald Trump’s campaign rally on March 11, injuring two police officers who were trying to maintain order. When Read More ›