Economics

Center on Wealth & Poverty

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 ›

George Gilder on The Dennis Prager Show

Link to Interview Senior Fellow George Gilder was featured on The Dennis Prager Show this morning, discussing his recent article in the Wall Street Journal on California and the environmental movement. Click on the link above to access the interview.

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California’s Destructive Green Jobs Lobby

California officials acknowledged last Thursday that the state faces $20 billion deficits every year from now to 2016. At the same time, California’s state Treasurer entered bond markets to sell some $14 billion in “revenue anticipation notes” over the next two weeks. Worst of all, economic sanity lost out in what may have been the most important election on Nov. Read More ›

The Meaning of Beck’s Restoring Honor Rally

A popular narrative in the media, and among some establishment Republicans, is that the tea parties are a sign that the economy is the only issue of concern, and that “social” or “moral” issues are at best a distraction, and at worst, politically harmful to Republicans. Back in June, pro-life Indiana Governor Mitch Daniels said that “the next president, whoever he is, Read More ›

Israel Test 2

George Gilder lectures on his book, The Israel Test. He notes the intimate relationship America has with Israel and how very important this intimacy is for our economy. He suggests there are a number of ways we need to learn from the nation and start implementing their various beliefs and strategies. Read More ›

Why Is Jim Wallis Denying that He Receives Grants from Deep-Pocketed Leftists like George Soros?

In World magazine on July 17, Marvin Olasky called on “progressive evangelical” Jim Wallis to come clean and admit that he is not a non-partisan, as he likes to claim, but rather a devoted man of the Left. Olasky reported that Wallis’s organization, Sojourners, had received grants from George Soros’s foundation, the Open Society Institute (OSI), and had lent Sojourners’ mailing list to Read More ›

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The Drive to Create

In a castle in Newcastle, complete with reflecting pool, dappled woods nooked with marble sculptures, and pastures lowing with cattle, Matt Ridley, dean of British science writers and author of four erudite, Darwinian bestsellers, might seem an intellectual grandee ready for an honorable, bland retirement in a North Country Eden, perhaps readying himself for the House of Lords. But at Read More ›

Obama’s NASA: Fly Me to the Crescent Moon

This article, published by The Daily Caller, mentions Discovery Institute Senior Fellow George Gilder and his book The Israel Test: They might also read George Gilder’s latest book, The Israel Test. Gilder, who is not Jewish, says Israel is a wonderful test for everyone. The rest of the article can be found here.

In Defense of the Unabashedly Profitable

A business is not a family or a charity or a government. It has a specific social function with a specific purpose, which implies specific duties. One of its responsibilities — its duties — is to make a profit. I know that Milton Friedman argued famously in 1970 that profit-maximizing was the only responsibility of executives, and that’s an overstatement. Still, think about Read More ›

Money, Greed, and God: Why Capitalism Is the Solution and Not the Problem

Jay Richards presents a new approach to capitalism, revealing how it’s fully consistent with Jesus’s teachings and the Christian tradition—and our best bet for renewed economic vigor. Money, Greed, and God exposes eight myths about capitalism—including the notion that capitalism is based on greed—and demonstrates that a good Christian can be a good capitalist.