https://www.forbes.com/sites/ralphbenko/2016/04/03/george-g…
https://www.forbes.com/sites/ralphbenko/2016/04/03/george-gilder-writes-a-savagely-brilliant-book-the-scandal-of-money/
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Tired of struggling economically? Me too.
George Gilder offers an explanation and a solution: restoring monetary integrity. It’s radical and goes far beyond primitive “supply side economics.” The axis of restored prosperity is “entrepreneurial ingenuity,” founded in all the policies which make that possible, and all that such ingenuity in turn makes possible, even for non-entrepreneurs… including equitable prosperity.
I’m not alone in my admiration for this book. Conjoin the praise of Reaganomics' co-architect Dr. Arthur Laffer’s “Thirty-five years ago, George Gilder wrote Wealth and Poverty, the bible of the Reagan Revolution. With The Scandal of Money he may have written the road map to the next big boom” with that of Venture Capitalist-In-Chief Peter Thiel’s “Why do we think governments know how to create money? They don’t. George Gilder … is our best guide to our most fundamental economic problems.”
This conjunction gives some idea of the sweeping breadth and towering scope of George Gilder’s new The Scandal of Money: Why Wall Street Recovers But The Economy Never Does. Bonus: you don’t have to be a PhD economist or a preeminent venture capitalist to understand it.
Gilder wrote this book under the auspices of the American Principles Foundation, whose sister organization I professionally advise. Gilder and I, long-time comrades, are on the same wavelength. Follow along.
The US economy (among not a few others) has been miserable for 16 years.
The now-forgotten Reaganomics blueprint created almost 40 million jobs. Since 2001, the American economy has created only 10 million. Since about 2001 economic growth has averaged half of the historic norm. Some public intellectuals talk of the end of vibrant growth as the “new normal.”
As Gilder decisively shows there’s nothing normal about it. Our Little Dark Age is a result of bad government policy, especially bad monetary policy.
Gilder, a world-respected thought leader in high tech as well as in economic growth theory, …