Economics

Center on Wealth & Poverty

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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Image Credit: JovialFox - Adobe Stock

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.

Unnecessary telecom regulations hurting Illinois

The National Broadband Plan presented to Congress on Tuesday by the Federal Communications Commission aims to connect every U.S. household to the fastest broadband as soon as possible, a goal which the agency’s staff estimates could cost $350 billion. Much of that investment will have to come from private industry, agency officials have conceded. This month, the Discovery Institute conducted Read More ›