Economics

Center on Wealth & Poverty

Should Christians be Socialists?

In “From Jesus’ socialism to capitalistic Christianity,” Gregory Paul argues that American Christians who defend the free economy are involved in a profound contradiction, since Jesus and Christianity are self-evidently socialistic. Let’s pass over his caricature of capitalism, since no one would defend the idea as he describes it, and get to the two big holes in his argument. The Read More ›

Obama vs. the 1980s

This article, published by The Wall Street Journal, mentions Discovery Institute Senior Fellow George Gilder: Mr. Gilder championed the then-emerging Silicon Valley paradigm. He quoted technologist Carver Mead: “We depend on the innovations of the citizens of a free economy to keep ahead of the bureaucrats and the people who make a living on control and planning. In the long Read More ›

Perspective on the Debt

This article, published by The Washington Post, quotes Discovery Institute Senior Fellow John Wohlstetter: Reader and blogger John Wohlstetter shares this interesting analysis: To put the corporate jet versus students juxtaposition in perspective, the most popular student aid program is the Pell Grant, named for the late Senator Claiborne Pell of Rhode Island. A look at the Department of Education budget shows Read More ›

High Tech Will Rebuild Our Economy – Q&A

The restructuring of our economy is as significant as the recession. Tech writer George Gilder (Microcosm, Telecosm and, most recently, The Israel Test) will describe the way new technology can rescue the US, and the world, from the present slump. Some think the high tech revolution is exhausted; Gilder says, “Not so fast!”

Debt Ceiling Showdown: Republicans Should Make Democrats Bet the Company

There is a maxim in the business world: Never bet the company. Wall Street “masters of the universe” ignored that maxim. The result was the financial meltdown in 2008. Republicans ignored it in the famous 1995 budget showdown with President Clinton. The result was that voters blamed the GOP for the subsequent government shutdown and Clinton was re-elected in 1996. Read More ›

The Economic Case for Supporting Israel

America’s enemies understand deeply and intuitively that no U.S. goals or resources in the Middle East are remotely as important as Israel. Why don’t we? Israel cruised through the recent global slump with scarcely a down quarter and no deficit or stimulus package. It is steadily increasing its global supremacy, behind only the U.S., in an array of leading-edge technologies. Read More ›

High Tech Will Rebuild Our Economy

The restructuring of our economy is as significant as the recession. Tech writer George Gilder (Microcosm, Telecosm and, most recently, The Israel Test) will describe the way new technology can rescue the US, and the world, from the present slump. Some think the high tech revolution is exhausted; Gilder says, “Not so fast!”

The Economics of Settlement

The root cause of Middle Eastern turmoil, according to a broad consensus of the international media and the considered cerebrations of the deepest-thinking movie stars, is Israeli settlers in what are described as the “occupied territories” on the West Bank of the Jordan River. Even such celebrated and fervent supporters of Israel as Alan Dershowitz and Bernard-Henri Lévy put the Read More ›

Money, God and Greed: The Tea Party and Capitalism

This article, published by the Huffington Post, provides a review of Discovery Institute Senior Fellow Jay W. Richards’ book Money, Greed, and God. But there’s another book making the rounds among Tea Partiers, especially of the religious bent, this year that also deserves attention. Jay W. Richards’ Money, Greed, and God: Why Capitalism is the Solution and Not the Problem presents an evangelical Read More ›