Category

Economics

Center on Wealth, Poverty, and Morality


Listen: George Gilder at FreedomFest 2016

It’s time for a new paradigm of economic thought. The key to understanding–and instigating–economic growth, Gilder argues, lies in information theory. Hear from economist and NYT bestselling author George Gilder as he expounds on the key messages of his latest book The Scandal of Money: Why Wall Street Recovers but the Economy Never Does at the 2016 FreedomFest conference in Las Vegas. Listen here.



Stephen Meyer on Brexit: Markets Have Nothing to Fear

At National Review, Discovery Institute Senior Fellow Stephen Meyer looks at Brexit and the ensuing panic in the financial markets. His analysis: there is nothing to fear. Meyer writes: ”an increasingly democratic Britain acting once again in accord with its own national interests will likely result in more, not less, free trade and greater economic freedom — not only for Britain but also for its key trading partners, including the United States. Economic growth will be the inevitable result.” You can read Meyer’s article, Goodbye, EU-Imposed Regulation, at the National Review website.


At Forbes, A Review of Gilder’s Case for Stable Money

At Forbes.com, Nathan Lewis reviews George Gilder’s argument for stable money in his latest book, The Scandal of Money: Why Wall Street Recovers but the Economy Never Does. Writes Lewis: “Money, Gilder argues, is not only a medium of exchange, it is a medium for the transmission of economic information. The information inherent in prices, or profit and loss, guides all activity in the market economy. When this information becomes corrupted – when there is so much noise in the transmission medium that the signal becomes lost – then gross errors take place.” Continue reading at Forbes.com.


At Forbes, A Review of Gilder’s Case for Stable Money

At Forbes.com, Nathan Lewis reviews George Gilder’s argument for stable money in his latest book, The Scandal of Money: Why Wall Street Recovers but the Economy Never Does. Writes Lewis: “Money, Gilder argues, is not only a medium of exchange, it is a medium for the transmission of economic information. The information inherent in prices, or profit and loss, guides all activity in the market economy. When this information becomes corrupted – when there is so much noise in the transmission medium that the signal becomes lost – then gross errors take place.” Continue reading at Forbes.com.


Currency Trading and Our Broken Economy

An article at breitbart.com — which accompanies an interview between George Gilder with Breitbart News Daily — examines the role that currency trading has played in the downward spiral of the U.S. economy, and the popular trend toward socialist solutions: “Gilder agreed that the average American understands that the system is broken and credited that understanding with the rise of the current populist revolt, most likely including the rise of Donald Trump as a Republican presidential contender. He cited currency trading as a key problem underlying the issue. In a few days the Bureau of International Settlements is going to estimate the total amount of currency trading. The last time they did it three years ago and currency trading came Read More ›



Pope Francis’ Confused Message on the Economy

Writing for Fox News, CWPM Senior Fellow Jay Richards points out that though Pope Francis demonstrates sincere concern for the poor, he has failed to recognize how economic freedom has greatly reduced poverty across the globe. Indeed, thanks to the expansion of free trade, extreme poverty has been cut in half since 1990. Read more as Dr. Richards discusses why Pope Francis needs to clarify his message to distinguish his criticism of corporatist cronyism from a criticism of economies that are founded on rule of law, property rights, and economic freedom.