Scott S. Powell

Senior Fellow, Center on Wealth and Poverty

Scott Powell has enjoyed a career split between theory and practice with over 25 years of experience as a founder, entrepreneur and leader in several industries. He joins the Discovery Institute after having been a fellow at Stanford’s Hoover Institution for six years and serving as a managing partner at a consulting firm, RemingtonRand. His research and writing has resulted in over 250 published articles on economics, business and regulation in the Wall Street Journal, Investor’s Business Daily, USA Today, Barron’s Financial, New York Post, San Francisco Chronicle, Chicago Tribune, San Jose Mercury News, Philadelphia Inquirer, St. Louis Post-Dispatch, San Diego Union, Houston Post and some two dozen other newspapers and journals in the U.S., Japan and Europe.

He authored the Hoover monograph, The Entrepreneur as the Mainspring of Economic Growth, which explains why the state cannot perform the entrepreneurial function, and he produced an in-depth critique of Sarbanes-Oxley regulations, published in Barron’s Financial and the Hoover Digest.

Scott’s book, Covert Cadre, largely written while being associated with the Heritage Foundation in Washington, DC, documented the activities of key figures and institutions of the American left, and was hailed by National Review as one of the most important books of the 1988 election year. The chapter entitled "Blinding America" explains in detail the political and media active measures campaigns that the left pursued in the 1970s to "reform" and undermine the U.S. intelligence agencies. Years later these structural reforms contributed to the systemic failures that led to the 9/11 tragedy. Powell has been called on to provide expert witness analysis and testimony for the U.S. Senate Committee on Foreign Relations and the US Senate Select Committee on Intelligence. His public speaking has brought him in contact with radio and TV audiences throughout the U.S.

Scott Powell graduated from the University of Chicago with honors (B.A. and M.A.) and received his Ph.D. in political and economic theory from Boston University in 1987, writing his dissertation on the determinants of entrepreneurial activity and economic growth.  He currently teaches international economics in graduate school program in Global Development at Palm Beach Atlantic University.

Archives

Labor Day Celebrates American Exceptionalism

Other than punctuating the end of summer, Labor Day has for many lacked meaning associated with other holidays. Properly understood, it is the holiday that celebrates not only labor, but also the ideas, job creators, and institutions central to the flourishing of the United States and its people.

July 4 Has Always Been About Resisting Tyranny, and This Year Is No Exception

America is the only nation in human history that was completely born of noble and deeply spiritual principles: that all men are created equal, that they have been given by God certain rights that cannot be taken away by any man or earthly authority, and that those unalienable rights combine to create and protect a thing called freedom in life. As a result, Americans have always been free to pursue happiness, worship God, speak publicly about their views, and, of course, choose their leaders.

Memorial Day: More than Honoring Lives Lost in American Wars

Most people rightly associate Memorial Day with paying homage to those who gave their lives for America in war. But the holiday has roots that go back to the aftermath of the Civil War. At that time America was as or more divided than it is today. The Civil War cost at least 620,000 men—a greater cost than all of America’s successive wars combined.

Saving America Requires Unprecedented Engagement by the Citizens

Everyone can see the deteriorating state of governability and order in the United States. A good starting point for understanding this disarray can be found in the wisdom of Reformation leader John Calvin, who asserted that “when God wants to judge a nation, he gives them wicked rulers.” Thomas Jefferson, the author of the American Declaration of Independence, expressed a similar view.

Communist Defectors Warn About Four Stages of Subversion — And America Is on the Last One

Forty years ago, a KGB defector, Yuri Bezmenov, revealed the systematic plan Soviet communists used to take down countries and establish a communist-type society and regime. More recently, a Chinese defector immigrant, Xi Van Fleet, has been on a crusade to warn Americans about the parallels between what is happening in America today and what Mao did in the Chinese Cultural Revolution.

The U.S. Has No Choice but to Undertake Radical Economic Change

Burdened with $34.5 trillion in national debt that is currently growing by $1 trillion every 100 days, the U.S. economy is headed for disaster. It falls on the next administration to change that trajectory while also introducing policies that increase and broaden economic growth and wealth creation for everyone.

Easter Is the World’s Most Historically Verified Holiday

While there are skeptics of the biblical Jesus, there's far more reliable historical evidence for His life, teachings, miracles, death, and resurrection than for other leading historical figures of ancient times, such as literary greats Virgil and Horace and military kings like Alexander the Great.

Washington And Lincoln Wouldn’t Recognize America Today

These great American presidents were willing to give their lives to establish a new nation. We are called to do no less to save this country.
America is being assaulted on many more fronts than at the time of the American War of Independence. Our challenge today is one of commitment. The founders were willing to give their lives, their fortunes, and their sacred honor to establish independence and create a new nation. We are called to do no less to save this country.

Can Florida Halt the Woke Revolution?

With the 2024 Florida legislative session being at its mid-point, Tallahassee still has a shot at passing solid historic preservation legislation that stops a key part of the Marxist cultural revolution in its tracks. Doing so will demonstrate real leadership by Florida and provide a role model for other states to follow. Doing nothing facilitates the continuation of the slow suicide of America.

Averting Insolvency Is a Key Battle America Must Win

With all the problems America is facing, the one that gets the least attention might be the most critical. The speed at which the United States will hit the wall of an insolvency crisis and collapse is approaching very fast.  The U.S. is currently spending more than $2 billion a day to service its debt, and that interest we pay on servicing the national debt is the fastest growing part of the federal budget. It will likely exceed the entire defense budget within a year. The constructive law of compound interest has been turned upside-down and we are now on a downward spiral of escalating compound debt and interest payments, wherein the U.S. government is locked into borrowing ever more money to pay the interest on new and previous debt obligations.  In the context of our

Martin Luther King Jr.: More Relevant Than Ever

There is much to learn from and reflect on in the life of Martin Luther King Jr.
Few American leaders have remained as clearheaded about the dangers of groupthink as King. He reminds us of Emerson’s words: “Whoso would be a man must be a non-conformist.” And drawing on Apostle Paul’s teachings, King implored that, “Any Christian who blindly accepts the opinions of the majority and in fear and timidity follows a path of expediency and social approval is a mental and spiritual slave.”

How Christmas Split Time in Two While Also Making Life Timeless

We are at a crisis inflection point in our present and future. And while evil encircles us on every side and at every level, the Christmas story has the power and truth to deliver peace while also providing the shield and sword to defeat those who would destroy our families, our freedom, our nation, and all that is good.

Who Would Destroy the Reconciliation Monument at This Time of Year?

t is a sad chapter in American history when the Secretary of Defense, Lloyd Austin, takes naked action that is an affront to Congress and the separation of powers by running roughshod over Amendment 364 of the Fiscal Year 2024 Department of Defense Appropriations bill that prohibits the use of funds for the removal of any monument in Arlington National Cemetery.