Economics

Center on Wealth & Poverty

The Essential George Gilder Explains How Economies Work

This article, published by Forbes, discusses Discovery Institute Senior Fellow George Gilder: With the publication of his masterful Wealth and Poverty in the early ‘80s, economic thinker and futurist extraordinaire George Gilder ascended to heights that most public intellectuals could only dream of. A hugely influential work covering how the individuals who comprise an economy grow, Gilder’s book even reached Read More ›

Skousen Cafe: The Rise of Interest Rates: What it Really Means

This article, published by Human Events, talks about Discovery Institute Senior Fellow George Gilder and an award that he has received: I’m happy to announce that George Gilder just has won the Leonard E. Read Book Award for his new book. This annual award is granted by FreedomFest to the “libertarian book of the year” which best advances the principles Read More ›

knowledge-and-power-george-gilder
Book cover of Knowledge and Power by George Gilder

Knowledge and Power

Ronald Reagan’s most-quoted living author — George Gilder — is back with an all-new paradigm-shifting theory of capitalism that will upturn conventional wisdom, just when our economy desperately needs a new direction. America’s struggling economy needs a better philosophy than the college student’s lament: “I can’t be out of money, I still have checks in my checkbook!” We’ve tried a Read More ›

George Gilder Thankfully Returns, Bearing Knowledge And Power

This article, published by Forbes, discusses Discovery Institute Senior Fellow George Gilder: George Gilder, whose new book publishes today, is one of the original pillars of Supply Side economics. As stated by Discovery Institute, which he co-founded, “Mr. Gilder pioneered the formulation of supply-side economics when he served as Chairman of the Lehrman Institute’s Economic Roundtable, as Program Director for Read More ›

A No-Amortization Teaser Mortgage on the Economy

Your “Debt and Growth” editorial (April 30) defending the Ken Rogoff-Carmen Reinhart thesis that the growth trajectory of U.S. debt comes with significant risk and curtailed economic growth is well-reasoned in the midst of contrary assertions by Paul Krugman and a myriad of Keynesians that an error in a Rogoff-Reinhart spreadsheet discredits their monumental book “This Time is Different.” That Read More ›

Normalize U.S. Economy

U.S. stock prices have just reached record highs, erasing the losses since the previous 2007 peak. But the U.S. economy as measured by the labor-force participation rate, which captures the percentage of working-age people in the labor force, has just dropped to a new 34-year low of 63.3 percent. Since the Great Depression, recessions have always been followed by strong Read More ›

Crime and the Nanny State

Crime has been in decline — but current government policies are bound to reverse this trend. Against the backdrop of sluggish growth and high unemployment, one bright spot has been declining crime rates, with levels in the United States now about half what they were 20 years ago. This gradual decline holds true even in the perennially high-risk demographic of Read More ›

Low Rates, the Federal Reserve and the Slow Economy

The recent release of the Federal Reserve’s minutes from meetings in the fourth quarter of 2007 reveal how little the Bernanke Fed understood before the 2008 financial collapse. Similarly, the Greenspan Fed failed to grasp the risks that led to the earlier stock exchange and housing bubbles bursting. John Taylor makes a similar point (“Fed Policy Is a Drag on Read More ›

swamp-green-duckweed-magical-summer-swamp-deep-in-the-forest-stockpack-adobe-stock.jpeg
Swamp green duckweed. Magical summer swamp deep in the forest.

Gilder to Moneynews: Obama’s Anti-American Policies Have Trapped ‘US’ in Fiscal Swamp

Pre-eminent political/economic author George Gilder thinks “fiscal cliff” is the wrong term to describe what the country faces. It’s actually a “fiscal swamp,” and it’s President Barack Obama who has filled that swamp, Gilder tells Newsmax TV in an exclusive interview. As for the morass, “we’re in a fiscal swamp today that leads into the future as long as you Read More ›