life after capitalism

Wall Street
Wall Street "WALL ST" sign and broadway street over American national flags in front of NYSE stock market exchange building background. The New York Stock Exchange locate in economy district

Through Hayek and Beyond

eorge Gilder has been a front-line conservative thinker at least since his 1979 Sexual Suicide. He had an international bestseller in 1981 with Wealth and Poverty (a Ronald Reagan favorite), and his 2013 Knowledge and Power defended an information theory of capitalism that was critical to the underpinnings of my last book in the same genre. He has now surpassed himself with the blockbuster Life after Capitalism. Read More ›
Dollar bill plant growth from ground.Concept of money tree growi
Dollar bill plant growth from ground.Concept of money tree growing from American dollars

Life After Capitalism Highlights The Way Forward For Economists

Life After Capitalism is full of new ideas with great potential to advance the study of economics out of its current stagnant ruts. Among other things, it may help bridge the cultural divide between business innovators and policy wonks. Readers will find new vistas and horizons in every chapter. Read More ›
Gilder Metaxas

George Gilder | Life After Capitalism on the Eric Metaxas Radio Show

Eric Metaxas interviews polymathic genius George Gilder. Gilder is an American investor, author, economist, and co-founder of the Discovery Institute. In this interview we discuss many things including his latest book: Life After Capitalism: The Meaning of Wealth, the Future of the Economy, and the Time Theory of Money.

the interior metal manufacturing the view from the top
the interior metal manufacturing the view from the top

Progressive Gloom Ignores a Marvelous Historical Economic Measure

In “Life After Capitalism,” George Gilder, citing Marian L. Tupy and Gale L. Pooley in the Cato Institute’s volume “Superabundance,” writes that “between 1980 and 2022, workers have been able to buy some 300 percent more goods and services with their hours and minutes.” The secret sauce is applied knowledge. Read More ›
Manhattan, New York. USA
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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