capitalism

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Make a Wish
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Surprise and Creativity

Why in the world do we need yet another “new” economics? Jamming the libraries and the bookstores of the world are avatars of what must be every variation on the great themes of market and managerial economics. Scores of Nobel Prizes have been awarded for various nugatory refinements of the prevailing ideas. All these schemes, however, fail to answer the Read More ›

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Information, the Entrepreneur, and George Gilder’s New Economic Thinking

Gilder draws on information theory, as developed by the famed mathematician Claude Shannon and others, as a central metaphor for the economy. In Gilder's rendition, information consists of striking surprises conveyed over a quiet, stable channel. Gilder then adapts this metaphor to economic phenomena, including entrepreneurship, finance, the role of government, and income redistribution. Read More ›

Is Capitalism Based on Greed – George Gilder author of Knowledge and Power

In this short clip bestselling author and influential thinker George Gilder looks at whether or not Capitalism is based on greed. In his new book Knowledge and Power: The Information Theory of Capitalism and How It Is Revolutionizing Our World, Gilder synthesizes his analysis of technology and economics to build a new theory of capitalism. Read More ›

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Is Capitalism a Form of Social Darwinism?

On this episode of the Discovery Institute Podcast, host David Boze interviews Dr. Richard Weikart about the concept behind a loaded term that President Obama recently used to declaim Rep. Paul Ryan's budget proposal — "Social Darwinism." Read More ›

Punishment with Widening Ripples

American stockholders are now recognized as an oppressed group by politicians’ rhetoric of the last few months. Stockholders are those with the faith and vision that keep the economic system afloat, and there is little doubt they are abused both by government and some corporate managers. However, despite the rhetoric, there is little evidence that government officials or corporate managers Read More ›

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Wealth and Poverty

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 ›