Economics

Center on Wealth & Poverty

The California Green Debauch

California’s Treasurer Bill Lockyer has a bridge he wants to sell you. No, he is not putting the Golden Gate on the market. That would actually find buyers. He is trying to foist a “bridge loan” on the country that in effect would require us to buy the entire state. Shuffling off the streets of Sacramento into the bond market Read More ›

The Immateriality of Wealth

If you’re like me, when you think of wealth and poverty, you picture its material manifestations. To have wealth, we imagine, is to have money, stocks, real estate, or valuable commodities, which, in turn, gives us the means to achieve various material ends, such as food, clothing, cars, housing, and healthcare. Poverty, in contrast, is the lack of such goods, Read More ›

How Great Corporate Power Shadows Gregoire on Coal Shipments to China

This article, published by Crosscut, quotes Discovery Institute Fellow Bruce Agnew: Bruce Agnew, who is heading a passenger-train “modeling” exercise for the Cascadia Project and Whatcom County governments, says, “It is clear that expansion of coal trains from the Powder River Basin through Northwest ports to China is their (BNSF) major strategic initiative.” The rest of the article can be found Read More ›

Tsunami Thursday Ends an Era

Mark Thursday, Dec. 17, 2010, on your political calendar as the day twin cultures were defeated. The culture of spending, embraced by both parties, was repudiated decisively when Senate Majority Leader Harry Reid rose to pull the monster 1,924-page, 6,630-earmark omnibus spending bill. And the culture of class envy was repudiated with equal decisiveness when the House overwhelmingly passed the Read More ›

Capital Ideas

This article, published by BreakPoint, provides a review of Discovery Institute Senior Fellow Jay Richards’ book Money, Greed, and God: Addressing these questions is my friend Dr. Jay Richards of the Discovery Institute. Jay’s newest book is Money, Greed, and God: Why Capitalism is the Solution and Not the Problem. The rest of the article can be found here.

Federal Tax Fight; We’ll Do it Again in ’12

The sweeping tax deal worked out by President Obama and (mainly, it appears) the Republican leaders in Congress is the first fruit of the 2010 GOP victories in the House and, to a lesser degree in the Senate. Without those victories, no deal. There is some question whether the Democrats led by Speaker Pelosi and Majority Leader Reid are going to Read More ›

George Gilder Connects the Internet’s Future with Jobs and Investment

This article, published by NextGenWeb, contains an interview with Discovery Institute Senior Fellow George Gilder: NextGenWeb recently sat down with George Gilder, Senior Fellow at the Discovery Institute, Editor in Chief of the Gilder Technology Report, and contributing editor to Forbes magazine (for a complete bio, click here). The rest of the article can be found here.

Why Green Laws are Bad for Business

Link to Interview Senior Fellow George Gilder appeared on Fox Business Channel’s Varney & Co. this morning, discussing the negative effects of environmental laws on the economy. Click on the link above to watch the interview.

Government Good Intentions Rarely Turn Out Good

This article, published by Scripps News, quotes Discovery Institute Senior Fellow Jay Richards: To learn the real lowdown on how good motives can produce bad results, it helps to heed the writings and speeches of Jay Richards, a Princeton philosophy-theology Ph.D., author of “Money, Greed, and God,” and someone whose thoughts I recently took in at a speech at Colorado Read More ›