Economics

Center on Wealth & Poverty

Suit Against S&P Looks Suspiciously Political

Ulterior Motives in the DOJ Suit against S&P? What has been distinct about Barack Obama’s presidency is his inclination to operate in continuous campaign mode, to deflect attention away from his policy failures and to undermine opposition by politicizing the issues and policy responses he chooses to take up. So now with the president’s attorney general Eric Holder having just Read More ›

The Fiscal Cliff is a Diversion from the Real Problem

Link to Original Article The fiscal cliff is a less a crisis than a creation that diverts the attention of policymakers, the media and the public away from the big picture abyss that threatens the United States and shifts focus to the smaller and more immediate tax and spending debate associated with the year-end expiration of the Bush tax cuts. Read More ›

Why the New Left Is Now the Democratic Party

If Harry Truman and Jack Kennedy were somehow resurrected and transported in time to the present, they would not recognize today’s Democratic Party in comparison to the one which raised them up as successful presidents in earlier times. The two major political parties in the U.S. have always been fundamentally different. The Republican Party has been rooted in transcendent values and Read More ›

A Voting Guide For Independents And Undecideds

Independent voters need only trust their common sense and instinct on the candidates’ basic attributes of character, temperament and leadership in order to make the right choice on Tuesday. Nearly four years is enough time for voters to know the incumbent and decide whether change is warranted. The American two-party system of checks and balances works best when compromise can Read More ›

George Gilder on the Materialist Superstition

I WAS AT THE WATERGATE THE OTHER EVENING for a book party, held in the apartment of John Wohlstetter. He has a grand piano, a beautiful view over the Potomac River, and a book to sell. Actually there were two books: Wohlstetter’s Sleepwalking with the Bomb (see TAS, October 2012) and a new edition of George Gilder’s best seller Wealth Read More ›

The Israel Test

The Israel Test

In this book, George Gilder asserts that widespread antagonism toward the current state of Israel springs from, like anti-Semitism everywhere, envy of superior accomplishment. Israel’s sudden rise as a world capitalist and technological power, he argues, stems in part from the Jewish “culture of mind” and in part from Judaism itself, which, “perhaps more than any other religion, favors capitalist Read More ›

Capitalism

Discovery Institute Senior Fellow George Gilder was featured on Uncommon Knowledge with Peter Robinson. The video can be seen here.

A New Dog in the Pack

If future historians are forced to write about how the United States saw its standard of living, its freedom, and its rule of law slip away after the turn of the 21st century, they will have to devote considerable ink to the Obama Administration and its two showcase pieces of legislation. While Obamacare received more attention, the Wall Street Reform Read More ›

Moody’s Threatens To Downgrade America’s AAA Rating

Standard and Poor’s cut the United States’ AAA-rating last year, and now the second shoe is about to drop. Moody’s recently announced it would downgrade our AAA credit rating by the end of the year if President Obama can’t adopt a plan in conjunction with Congress to cut the U.S. debt-to-GDP ratio. That ratio now exceeds 100% and imposes a Read More ›