Bret Swanson and John Tamny join George Gilder in a wide-ranging discussion of the future of money—from the dollar to cryptocurrency, and what are the implications for investing, inflation, government spending, and credit.
From the “Other Comments” section The most severe burden on the economy right now is the depression in high technology and telecommunications–our two biggest drivers of productivity growth and most important sources of national wealth and security. The Clinton-Gore telecommunications policy, which is still in effect, has been an unmitigated disaster. The Clinton FCC’s heavy-handed re-regulation of the industry is Read More ›
WorldCom’s impending $40 billion bankruptcy should galvanize Washington to this simple fact: For the last two years we have suffered not a mild recession but a technology depression. With 34 major bankruptcies so far and 24 more expected, the collapsing communications industry — 17% of the economy — is the prime source of a $4 trillion dollar decline in the Read More ›
“The Republicans don’t have a clue how bad the economy is,” a Democratic congressional aide told us one late October night, savoring the vision of a gavel in Dick Gephardt’s hand. Then, slowly, he broke into a wide smile, like a happy hijacker dreaming of seventy succulent virgin interns awaiting him in paradise. Chiefly in the business of appraising enterprise Read More ›