Wealth & Poverty Review

Money. American one hundred dollar bill on the grate of the storm drain.

^{Donald Nielsen
May 12, 2026
Economic Policy, Energy, Homelessness, Housing, Taxes

5}

Seattle’s Transformation Spawns a Long List of Problems

_{Donald Nielsen
May 12, 2026
Economic Policy, Energy, Homelessness, Housing, Taxes

5}

My wife and I returned to Seattle in early 1993 after nearly 23 years on the East Coast. We were delighted to come home. Our fair city was booming, with the qualities we always loved about Seattle still intact. Over the past three decades, however, we have witnessed a steady erosion in the livability of both our city and our state. Today, Seattle bears little resemblance to its former self, and Washington is becoming a less attractive place to live or work. Read More ›

Close up woman hand using calculator and writing make note with

^{Gale Pooley
May 8, 2026
Abundance

3}

Become a Superabundance Accelerator: Your First Challenge

_{Gale Pooley
May 8, 2026
Abundance

3}

Today I'm challenging you to become a Superabundance Accelerator. An accelerator doesn't just consume abundance—they see it, measure it, celebrate it, and spread the good news. They turn data into hope. They fight the Thanos economics of fear and scarcity with facts. Your first step is simple. Our Time-Price Calculator makes this easy. Read More ›

Young beautiful woman using smartphone in city. Smiling student girl texting on her mobile phone. Coffee break. Modern lifestyle, connection, business concept

^{Gale Pooley
April 20, 2026
Abundance

2}

iPhones Cost 22.9 Hours Less

_{Gale Pooley
April 20, 2026
Abundance

2}

Steve Jobs unveiled the first iPhone on January 9, 2007. The 4GB model sold for $499. At the time, limited-service restaurant workers earned an average of $9.16 per hour, making the time price of the iPhone 54.5 hours. Fast forward to today: the iPhone 173 is priced at $599, while today’s limited-service restaurant workers are earning $18.95 per hour. That brings the time price down to 31.6 hours—a reduction of 22.9 hours. Today you get 2.4 iPhone 17es for the same time price of one 2007 model. The real question is: How much more are you getting for 22.9 hours less work? Today’s iPhone offers vastly superior memory, speed, screen quality, and functionality—not to mention access to over two million Read More ›

NVIDIA CEO Jensen Huang delivers remarks as President Donald Trump looks on during an “Investing in America” event, Wednesday, April 30, 2025, in the Cross Hall of the White House. (Official White House Photo by Joyce N. Boghosian)

^{George Gilder
April 10, 2026
Information

6}

Jensen Huang’s Information Theory of Economics

_{George Gilder
April 10, 2026
Information

6}

As I put it, wealth is knowledge, created by learning new information, defined by its surprise. As Information Theory inventor Claude Shannon put it, information is "unexpected bits," gauged by their surprisal. Money is time, defining the scarcities of human hours and years. As Huang says, in human intelligence and labor, "we are always millions of people short." Read More ›

^{Nathan Lewis
April 9, 2026
Currency, Economic Policy, Inflation

8}

Inflation Without Money Creation

_{Nathan Lewis
April 9, 2026
Currency, Economic Policy, Inflation

8}

Most theories of "inflation" revolve around some kind of money creation. In the past, this was commonly done with a printing press; thus "money printing." Today, it's mostly digital. But, as we described in our 2022 book Inflation: What It Is, Why It's Bad, and How To Fix It (the updated paperback edition is the one you want), it is much better to understand "monetary inflation" as a decline in the value of a currency. This might be accompanied by an increase in the "money supply," or it might not. Read More ›

President Donald Trump participates in a bilateral meeting with Chinese President Xi Jinping at the Gimhae International Airport terminal, Thursday, October 30, 2025, in Busan, South Korea. (Official White House Photo by Daniel Torok)

^{Scott S. Powell
March 25, 2026
Politics

6}

Trump’s Trifecta: Advancement for America and Setbacks for China

_{Scott S. Powell
March 25, 2026
Politics

6}

Iran is understandably the number one news story, with primary focus on the progress of U.S. military and diplomatic engagement and the responses of the Shia Mullah regime in Tehran. Almost no one is thinking or talking about the equally important spiritual and cultural ramifications for Iran, and the region, if the United States prevails—driving the current regime in Iran out of power. There’s even less analysis of the shifting geopolitics resulting from the combined effects of successful U.S. operations restoring control of the Panama Canal, Venezuela and its resources, the collapse of Cuba, and the degradation of narco-terrorism—all in the Western Hemisphere, and the fall of the current Iranian regime—in the heart of the Middle East. Christianity has ancient Read More ›

^{Nathan Lewis
March 9, 2026
Inflation

5}

Why Gas Prices Will Never Go Back Down

_{Nathan Lewis
March 9, 2026
Inflation

5}

Last month, I warned that gasoline prices could rise to perhaps $10 a gallon. I made comparisons to the Oil Crisis of 1973, especially the apparent decline in the dollar's value (as expressed by the number of dollars it took to buy an ounce of gold) that preceded the Oil Crisis that erupted in October of that year. But when I was outlining the eerie similarities between 1973 and today (including a Federal Reserve that did not seem to be doing anything inflationary), I didn't expect that we would actually have another Arab Oil Embargo. Read More ›

President Donald Trump signs an Executive Order on the Administration’s tariff plans at a “Make America Wealthy Again” event, Wednesday, April 2, 2025, in the White House Rose Garden. (Official White House Photo by Daniel Torok)

^{Paul Teller
March 3, 2026
Economic Policy, Inflation

5}

Want to Boost U.S. Affordability? Get Rid of Tariffs

_{Paul Teller
March 3, 2026
Economic Policy, Inflation

5}

There is much talk today about affordability—and rightly so. Crippling inflation during the Biden-Harris years sent prices soaring on just about everything. And although the inflation rate has eased, most prices have not come down in any significant way. In a political world where quick fixes are often not possible, there actually is an easy solution for an immediate impact on affordability: start getting rid of tariffs on critical items. Read More ›

^{Nathan Lewis
February 7, 2026
Inflation

6}

Here Comes $10 Gasoline

_{Nathan Lewis
February 7, 2026
Inflation

6}

When I look at how things are going, I keep coming to the conclusion that we might see $10 per gallon gasoline at your local pump pretty soon — maybe in 2027. It would cost $200 for a 20-gallon fillup. It might not happen, but if it did, it wouldn't surprise me a bit. Basically, it would feel like a replay of the Oil Crisis of 1973. Read More ›

^{Nathan Lewis
January 16, 2026
Economic Policy, Taxes

7}

How to Save Iran 1-2-3

_{Nathan Lewis
January 16, 2026
Economic Policy, Taxes

7}

Iran has been experiencing quite a bit of disorder recently. The reasons for this are "complicated" — Iran has many foreign enemies, and the situation smells like an attempted "color revolution" — but the government of Iran has also been making quite a mess of things all by itself, recently and for a long time now. It's no surprise that even the most patriotic Iranians might be very dissatisfied today. Read More ›