Wealth & Poverty Review | Page 2

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growing money tree growing from coins
Image Credit: VetalStock - Adobe Stock

Can the Left Do “Abundance”?

In 1981 George Gilder wrote about supply-side economics in his book "Wealth and Poverty." Ronald Reagan read it and embraced its message, enabling decades of technology-led growth. Also, Mr. Gilder was one of the first to talk about abundance. His most important economic axiom, for me anyway, is "waste what's abundant to make up for what's scarce." Silicon Valley lives by this. Read More ›
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Public domain image of the Barry Faulkner mural "The Constitution," at Wikimedia Commons: https://commons.wikimedia.org/wiki/File:Faulkner_-_%22Constitution%22_mural_(corrected).jpg

Returning to Our Founding Will Make America Great Again

To make America great again, every American citizen should know what was the main driver of America's success in becoming the world's superpower economically and militarily by the early 20th century. America's greatness then was primarily attributable to its spiritually-grounded culture and its form of government—a unique constitutional republic that empowered the people and the states more than elites and the federal government. Read More ›
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gold bullion bars on usd money bills. Success concept
Image Credit: RomanR - Adobe Stock

Another Round of Inflation on Deck

When we wrote this in 2022, it took about $1800 to buy an ounce of gold. Today, it is more like $2900. That implies an $1800/$2900=0.621 or a 38% decline in dollar value over that period. Prices will eventually adjust, over a period of years, to the new, lower value of the currency, with some prices moving faster and some moving slower. “All things being equal” (they never are but it is a good principle), we should expect a $2900/$1800 or 61% rise in prices of goods and services going forward, compared even to the inflation-boosted prices that we have had to get used to in 2022-2024. Read More ›
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Account photo of a luxury cruise ship sailing in the open sea at sunset
Image Credit: zaen_studio - Adobe Stock

Cruise Ship Billionaires

Adjusted for inflation, the Icon of the Seas cost 55 times more to build than the Mardi Gras but passengers pay 23 percent less to enjoy. How is this possible? Two words: people and knowledge. More people create larger markets. With a larger market, projects that require a high development or fixed cost become feasible because you can now spread these costs over lots more customers. Read More ›
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President Donald Trump holds a cabinet meeting, Wednesday, February 26, 2025, in the Cabinet Room. (Official White House Photo by Molly Riley)
Public domain image from the White House: https://commons.wikimedia.org/wiki/File:President_Donald_Trump_holds_a_cabinet_meeting_(54352152567).jpg

Can DOGE Audits Save U.S. From Debt Market Collapse?

In air combat over enemy territory, when the fighter plane encounters flak, the pilot knows he is over the target. The American people can be sure that the Department of Government Efficiency (DOGE) that was reactivated by Trump is over the target. Read More ›
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Airplane Flying Over Colorful Cargo Containers
Image Credit: evening_tao - Adobe Stock

A New Era of Economic Nationalism

The United States was founded on Free Trade. And, high tariffs. Domestically, the United States had exceptional economic policy. There were hardly any taxes, and the currency was reliably fixed to gold. Trade was Free between States. With what I've called "The Magic Formula" (Low Taxes and Stable Money), the US got richer — even with high tariffs with the rest of the world. Read More ›
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Bellevue Squatter Sang Kim Kicked Out of Rental Property

After two years of hell, Bellevue deadbeat tenants Sang and Youjin Kim have finally been kicked out of their rental property. After numerous legal rulings against them, the Kims were supposed to vacate by Saturday. But they went past the deadline and left a mess. Read More ›
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Caitlyn McKenney Discusses Her Seattle Times Op-Ed with Brandi Kruse

Discovery Institute Research Fellow Caitlyn McKenney appeared on [un]Divided with Brandi Kruse this week to discuss McKenney's op-ed in The Seattle Times, "Sensible WA Tenancy Laws Will Help Housing Stability." McKenney argues that nonsensical laws protecting tenants from eviction cause harm to housing stability. Watch McKenney and Kruse discuss. Read More ›
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Is Housing a Human Right?

The U.S. Constitution establishes life, liberty and property as unalienable rights but makes no room for a human right to the provision of housing. Read More ›