Center on Wealth & Poverty
There is a maxim in the business world: Never bet the company. Wall Street “masters of the universe” ignored that maxim. The result was the financial meltdown in 2008. Republicans ignored it in the famous 1995 budget showdown with President Clinton. The result was that voters blamed the GOP for the subsequent government shutdown and Clinton was re-elected in 1996. Read More ›
The restructuring of our economy is as significant as the recession. Tech writer George Gilder (Microcosm, Telecosm and, most recently, The Israel Test) will describe the way new technology can rescue the US, and the world, from the present slump. Some think the high tech revolution is exhausted; Gilder says, “Not so fast!”
The root cause of Middle Eastern turmoil, according to a broad consensus of the international media and the considered cerebrations of the deepest-thinking movie stars, is Israeli settlers in what are described as the “occupied territories” on the West Bank of the Jordan River. Even such celebrated and fervent supporters of Israel as Alan Dershowitz and Bernard-Henri Lévy put the Read More ›
Just last week, I was having coffee downtown with my old friend, Arnold, and we began to talk about finances. Arnold told me that after we finished our coffee he was heading over to the bank to take out a loan to buy a car. Now, Arnold already owns two cars, so I asked him why he needed another one. Read More ›
This article, published by the Huffington Post, provides a review of Discovery Institute Senior Fellow Jay W. Richards’ book Money, Greed, and God. But there’s another book making the rounds among Tea Partiers, especially of the religious bent, this year that also deserves attention. Jay W. Richards’ Money, Greed, and God: Why Capitalism is the Solution and Not the Problem presents an evangelical Read More ›
This article, published by The Cutting Edge, mentions Discovery Institute Senior Fellow George Gilder: Gilder has now written over 15 books, including the incendiary Sexual Suicide (later reprinted as Men and Marriage), the ground-breaking Wealth and Poverty, which helped fuel the supply-side revolution, and more recently Microcosm, marking his emergence as high-tech guru. The rest of the article can be found here.
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 ›
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 ›
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 ›