Center on Wealth & Poverty
After successfully bringing more than 30% of the U.S. economy — the health care and financial services industries — under political control during his first term, President Obama made it clear last week that a priority of his second term is to go after the energy sector — another 10.5%. The purpose of the White House’s orchestrated release of the Read More ›
This article is co-authored by Scott Powell, a senior fellow at the Discovery Institute, and Scott Tiefenthaler, a Houston-based seismic geophysicist. After some 40 years of OPEC cartel codependence, many Americans recognize the real and symbolic importance of the Keystone XL pipeline. It means greater freedom and security. So the recent decision to delay the pipeline construction also calls into Read More ›
After some 40 years of OPEC cartel codependence, many Americans recognize the symbolic importance of the Keystone XL pipeline. It means greater freedom and security. So the latest delay on the decision to go forward on the pipeline construction also calls into question the commitment of Washington to the vital and very achievable goal of energy independence for the United Read More ›
When President Barack Obama was elected in 2008, energy independence was considered impossible, with imported oil accounting for 66 percent of the oil refined in the U.S. That predicament was a troublesome weak link in U.S. national security. But unexpectedly, with the technology-driven energy boom that began a half dozen years ago, that longstanding vulnerability is close to being remedied. Read More ›
In this short clip bestselling author and influential thinker George Gilder discusses the effects of raising taxes on the wealthy. Although this is commonly pointed to as a solution for America’s economic problems, you may be surprised by what this policy decision results in. In his new book Knowledge and Power: The Information Theory of Capitalism and How It Is Read More ›
With the majority of American people holding Washington in low esteem bordering on disdain, November elections will hopefully provide a corrective. According to Gallup, CBS/New York Times, and ABC/Washington Post, more than 80 percent of Americans polled disapprove of the job that Congress is doing. The Republican Party that controls the House of Representatives has been labeled “the party of Read More ›
This article, published by The Wall Street Journal, quotes Discovery Institute Senior Fellow George Gilder: In “Knowledge and Power” (2013), technology guru George Gilder asks: “Why in the midst of an information age, when capital and data zip around the planet at the speed of light, do markets reach peaks of volatility resembling tulip auctions in 1690, when carrier pigeons Read More ›
With the majority of American people holding Washington in low esteem bordering on disdain, November elections will hopefully provide a corrective. According to Gallup, CBS/New York Times and ABC/Washington Post, more than 80% of the American people polled disapprove of the job that Congress is doing, and the Republican Party that controls the House of Representatives has been labeled “the Read More ›
This article, published in the Wall Street Journal, is a review of Discovery Institute Senior Fellow George Gilder’s book “Knowledge and Power”: Individuals like Ford and Jobs are key figures in the economic paradigm that George Gilder lays out in “Knowledge and Power.” He calls for an “information theory of capitalism” in which the economy is driven by a dynamic Read More ›
Cultural depictions of capitalism are almost all negative. There’s the Monopoly guy with the top hat and cigar. There’s Gordon Gekko saying, “Greed is good.” And, most recently, there’s the hedonism of the “Wolf of Wall Street”. The message is clear: capitalism is selfish. Socialism, or something like it, is selfless. In fact, the opposite is true. Renowned social critic Read More ›
This article, published by, contains quotes by Discovery Institute Senior Fellow George Gilder: The below quotes come from pioneering economist, futurist, venture-capitalist and Reagan’s most-quoted living author, to go along with numerous other titles and awards, George Gilder’s 2013 ”Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World.” The rest of the article can be found here.
Although unexpected, the unraveling of the Affordable Care Act may deliver a mortal blow to liberalism. At the very least, it presents a momentous opportunity for a majority of the American people to recognize that dependence on unaccountable government bureaucracies is a loser’s wager. Since failure is often the best teacher, the ObamaCare fiasco may well catalyze a broad renaissance Read More ›