capitalism

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Are We Passing the Israel Test? George Gilder Appears on The Bill Walton Show

George Gilder sat down with Bill Walton to discuss the new edition of his book The Israel Test. Gilder makes the case that Israel’s accomplishments are worthy of our admiration, not our envy, that we are dependent on Israel for much of our technology, and that our support of Israel at this crucial moment in history is vital to the Read More ›

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Old and worn work gloves on large American flag - Labor day background

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. Read More ›
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The Israel Test

In this timely and courageous book, George Gilder demonstrates that the widespread antagonism toward the state of Israel is based — as is anti-Semitism itself — on self-defeating envy and resentment of its superior accomplishments and moral leadership.      Israel’s stunning rise as a world capitalist and technological power, he argues, stems in part from the Jewish “culture of Read More ›

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Manhattan, New York. USA

Book Review: George Gilder’s Brilliant ‘Life After Capitalism’

It was probably fifteen years ago that I was at lunch with Banknote Capital’s Jim Fitzgerald. We were finishing up when the conversation shifted to tax rates, at which point Fitzgerald dismissed the notion that lower rates stimulate more work.

To be clear, Fitzgerald was not saying that he opposed lower tax rates. He was and is very much for them. But he was expressing his disdain for the theory that lower rates cause people to work more. In his case, Fitzgerald would work a great deal precisely because there was joy in it.

Still, what he said at the time was jarring. It called into question so much that was accepted wisdom. Gradually it made lots of sense. Tax rates should be low simply because they should be low. After that, it’s perhaps unrealistic to suggest that Jeff Bezos, Mark Zuckerberg and FedEx founder Fred Smith began to build their remarkable businesses only after consulting the tax code. Work for them was and is similarly joy.

The conversation with Fitzgerald, along with my own evolution on matters economic, came to mind while reading George Gilder’s essential new book, Life After Capitalism. Though Gilder penned what many view as the underlying philosophy of supply-side economics with the brilliant Wealth and Poverty in 1981, in his spectacular 2013 book Knowledge and Power Gilder began to question the “incentive” economics that at least on the surface informs supply-side.

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Life after capitalism

Life After Capitalism

Author of national bestseller Life After Google and generation-defining Wealth and Poverty, venture capitalist, futurist, and pioneering thinker extraordinaire George Gilder pinpoints how the clash of creativity with power at the heart of economic systems leads to global cognitive dissonance and argues that the creation of the novel taps capitalism’s infinite promise and is humanity’s only path of escape from stagnation and tyranny. Gilder Read More ›

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Survival of the Fittest or Survival of the Statist?

John West, Discovery Institute Vice President and author of Darwin Day in America, describes the history of social Darwinism and its influence on economics, government policy, and social institutions.

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Daisies growing out of a rock

Life After Capitalism

Anyone determined to provide a “new economics” must haul a heavy burden of proof up a steep slope of professional resistance. At the summits of academic prestige, economics presents a Delphic façade of math and marble. Read More ›
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Revisiting the Simon-Ehrlich Wager 40 Years On

And so, as you listen to the purveyors of doom on the television and the radio, and read apocalyptic predictions of humanity’s future on Twitter and in the newspapers, bear in mind that with every hungry mouth comes a pair of hands and a brain capable of thought, planning, and innovation. Read More ›
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Book cover of Money, Greed, and God by Jay W. Richards

Money, Greed, and God

A prominent scholar reveals the surprising ways that capitalism is actually the best way to follow Jesus’s mandates to alleviate poverty and protect our earth. Christianity generally sees capitalism as either bad because it causes much of the world’s suffering, or good because God wants you to prosper and be rich. But there is a large, growing audience of evangelical Read More ›