Economics

Center on Wealth & Poverty

Bear Market’s First Bagged Bear

If the August 2007 implosion of the subprime mortgage lending market signaled the impending burst of the housing asset bubble, the March 2008 collapse of the old-line investment banking firm Bear Stearns & Co. heralded the stock market crash and global financial crash of 2008. Cohan is an ex-investment banker who previously published a history of the investment-banking firm Lazard Read More ›

Primer on the Great Debate

Do you understand why well-known economists, including Nobel Prize winners, are on opposite sides of the debate about the stimulus package and what should be done about the recession? Not only Americans, but people everywhere are confused, largely because the economists who are writing and speaking about what should be done have such fundamental disagreements. There are two main schools Read More ›

Nortel Files for Bankruptcy

This article, published by BusinessWeek, mentions Discovery Institute Senior Fellow George Gilder: Author George Gilder featured the company in his 2000 book Telecosm: How Infinite Bandwidth Will Revolutionize Our World. The rest of the article can be found here.

U.S. In the Midst of a Revolution

This article, published by Seeking Alpha, mentions Discovery Institute Senior Fellow George Gilder: See, for instance, the recent report on entrepreneurism by the Kauffman Foundation, George Gilder’s “The Coming Creativity Boom” in the November 10 issue of Forbes, The rest of the article can be found here.

The Real Israel Test

George Gilder has released a passionate new book about Israel, The Israel Test. Gilder, who is both an intense religious conservative and a tech guru, argues that support for the fullest claims of Israel is an essential moral test of the non-Jewish world’s ability to rise above resentments and envy. NewMajority has asked some friends and contributors to weigh in. First up, Read More ›

How Not to Help the Poor

Discovery Senior Fellow George Gilder is briefly featured in the Acton Institute’s “Effective Stewardship” curriculum video “How Not to Help the Poor.” To learn more about the series, visit www.effectivestewardship.com.

The Coming Creativity Boom

The real source of all growth is human ingenuity and entrepreneurship, which often thrive in the worst of times—and are always surprising. Knowledge is about the past; entrepreneurship is about the future. In a crisis the world of expertise pulls the global economy ever deeper into the past, where accountant-economists ruminate on the labyrinthine statistics of leviathan trade gaps, tides Read More ›

Does the U.S. Realize it’s in Competition?

Mr. Herbold is a member of Discovery Institute’s Board of Directors Living half time in Asia for the last two and half years has taught me that many countries around the world are tightly focused on competing with other countries for energy resources and global talent, as well as creating a solid financial foundation for their country and an attractive Read More ›