Economics

Center on Wealth & Poverty

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“What is Venture Capital and How Does It Help Drive Cutting Edge Innovation” with Dan Mindus and Brett Gibson.

Technology is creating unprecedented wealth the world over, and venture capitalists find themselves in the midst of the best opportunities. It’s an exciting time. There are about $60 billion invested per year in US firms by venture capitalists, and my guests Dan Mindus and Brett Gibson, founders of NextGen, say another $100 billion or more is sitting on the sidelines Read More ›

The Bill Walton Show: How American Medical Insurance has Failed to Keep Pace with Modern Medicine with John Steele Gordon

Did you know there was no health insurance until 1930 and that 90 percent of today’s medical care did not even exist in 1950? Yet, health insurance has not evolved to match the innovation or the demand. On this week’s edition of “The Bill Walton Show,” economic author John Steele Gordon and I discuss how our antiquated health insurance system Read More ›

The Bill Walton Show: “One Nation Ungovernable” with Wayne Crews

By some estimates, the cost of government regulation in the U.S. exceeds $2 trillion. An amazing number. And while we’re paying a fortune for existing regulations, major new ones are coming out at the rate of 3,000 per year, so fast that the White House can only do a cost-benefit analysis on less than one half of one percent of them. But there’s hope. This week on "The Bill Walton Show," Wayne Crews of CEI joins me to explain how to return the U.S. to the path of greater freedom and why “walling off the future” is critical to preserving as much liberty as possible. Read More ›
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“China’s Three Warfares” with Dr. Stefan Halber and Admiral James Stark

China is a mass of contradictions. Intellectual property thief. America’s largest trading partner. Home to 476 billionaires. Choked with air and water pollution. A rapidly aging population. And leadership eager to project its national will. China is plowing ahead with what one of my guests, Dr. Stefan Halper, call its “three warfares.” What are these and what can the U.S. Read More ›

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Chris Rufo Discusses “Survival Crime” on Tucker Carlson

Discovery Institute Research Fellow Chris Rufo appeared on Tucker Carlson’s Fox News program last week to discuss a new problem emerging from the homelessness crisis in several of America’s biggest cities, including Seattle. “Survival Crime” theory posits that certain vulnerable groups of people, such as the homeless, should be exempt from laws against public camping, drug consumption, and even theft Read More ›

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The Bill Walton Show: “Trumponomics” with Steve Moore

Ronald Reagan was a winner who believed in the boundless potential of America. Sound familiar? It’s one of the reasons Donald Trump is succeeding despite the relentless criticism. He “has a finger on the pulse of millions and millions and millions of Americans.” He beat 17 other candidates to get elected and then outsmarted Congress and his own advisers to Read More ›

The Bill Walton Show: “What Both the Left and Right Miss About Work in America” with Oren Cass

I believe that growth can benefit all Americans, yet while our GDP has tripled in size from 1975 to 2015, average wages have barely risen. The response from both political parties has been to double down on policies that have failed to address this reality Maybe they’re missing something crucial in their economic calculations. A focus on work. Author and Read More ›

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Why Talent Trumps Taxes

Lower taxes and less regulation are great for business, but some are thriving in high-tax states like New York and California. On my new podcast, Ralph Benko explains the “Tamny Axiom”. Hint: there’s something more valuable in those states than low taxes. Read More ›
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Financial Busts: Why Are We Always Surprised

People look to the government to prevent future financial crises and too many trust that politicians and economic experts can create policies to protect us and our 401(k) plans. We shouldn’t rely on them. These experts are smart, mostly well-intentioned people but they can’t prevent the next crisis. No one can. Why is that? And why is a future crisis Read More ›

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Economist George Gilder on Capitalism, Socialism, and Google

Life After Google author George Gilder explains the role of creativity in capitalism as he shares economic insight on Life, Liberty & Levin. Learning, he says, is the heart of capitalism. Whereas capitalism is about creativity, socialism is about planning and rests on the assumption that we already know everything we need to know in order to plan our future.