Economics

A year ago this month, Standard and Poor’s fired a shot across America’s bow, downgrading the nation’s coveted AAA rating to a AA-plus. S&P’s rationale for the cut was that Congress’s Budget Control Act “fell short of the amount … necessary to stabilize the general government debt burden by the middle of the decade.” For several weeks, media pundits and Read More ›

President Obama’s rebuke to business owners, “You didn’t build that,” has justly entered the pantheon of great political gaffes. His point seemed to be that because there are antecedent conditions for any business — roads, laws, banking rules, an oxygen-rich atmosphere — entrepreneurs shouldn’t claim credit for creating successful businesses. Nonsense. Great entrepreneurs transform existing conditions to create something surprising and Read More ›

The campaign against Chick-fil-A may be a more ominous attack on religious freedom than the Affordable Care Act’s mandates. ObamaCare would force millions of Americans to fund actions they find morally reprehensible but leaves them free to denounce it. The chicken inquisition, by contrast, directly targets religious speech itself. Chick-fil-A President Dan Cathy recently dared to describe his views on Read More ›

In the twentieth century battle between communism and capitalism, capitalism won. Except for preachers of the misguided “prosperity gospel,” however, many of us still worry about capitalism. Some of the problems result from the word itself, which can conjure up images of greedy and cackling moneychangers. Some of our qualms stem from our everyday experience of greedy bosses and the Read More ›

This article, published by Human Events, quotes from President Ronald Reagan when he mentions Discovery Institute Senior Fellow George Gilder. The rest of the article can be found here.  

This article, published by the Berkshire Eagle, quotes Discovery Institute Senior Fellow George Gilder: Capitalism is not about greed. “The moral core of capitalism,” said Gilder “is the essential altruism of enterprise.” Entrepreneurs are motivated to create value for others. Only then do they receive value in exchange-but the sacrifice comes first, before any return can possibly be realized. Furthermore, Read More ›

This article, published by the American Spectator, quotes Discovery Institute Senior Fellow George Gilder: Neither Kemp nor Gilder, of course, could foresee the election of Reagan and what was to come. But without doubt both men knew their country well, and Gilder’s words as cited back in 1979 are worth recalling this Fourth of July in 2012 in the Age Read More ›

Many books have been written on conservative politics. Many more have been written calling Christians to holiness and spiritual revival. Few, however, have managed to combine a clear explanation of the conservative political perspective with its corresponding personal and spiritual virtue. In INDIVISIBLE, James Robison, the founder and president of LIFE Outreach International, partners with Jay Richards, Ph.D., a writer Read More ›