Center on Wealth & Poverty
What do the ethnic cleansing in Kosovo, the global warming treaty in Kyoto, and the Social Security “crisis” of demand-side Keynesian economics have in common, apart from a convergence of K’s? You can even add Theodore Kaczynski, the Unabomber. Answer: They all reflect a belief in a zero-sum world. The concept of a zero-sum system originated in a branch of Read More ›
Published on May 1, 1991, Centesimus Annus returns to the themes of a lapidary encyclical of 100 years before, Rerum Novarum, which refuted Marxism long before it had refracted into a global plague of tyranny and murder. The critique of socialism, however, did not signify an affirmation of capitalism. The `new things’ to which the Pope devoted his attention more Read More ›
Death and taxes are known as life’s certainties. Far less common, but much more enjoyable to contemplate, is the death of a tax. In fact, a little-known technology may be about to accomplish what generations of Americans have joked and dreamed about — and both the new Ways and Means Committee Chairman Bill Archer and his predecessor, Chairman Sam Gibbons, Read More ›
Originally published in 1982 and hailed as “the guide to capitalism,” the New York Times bestseller Wealth and Poverty by George F. Gilder is one of the most famous economic books of all time and has sold more than one million copies since its first release. In this influential classic, Gilder explains and makes the case for supply-side economics, proves the moral superiority of free-market capitalism, and Read More ›