Wealth & Poverty Review | Page 3

11/3/1987 President Reagan shaking hands with Donald Trump at a reception for members of the "Friends of Art and Preservation in Embassies" Foundation in the Blue Room

^{George Gilder and Richard Vigilante
August 8, 2025
Taxes

4}

George Gilder: Trump is Reagan’s True Heir

_{George Gilder and Richard Vigilante
August 8, 2025
Taxes

4}

We are confirmed free traders. Trade flows are information. In our information theory of the economy, nothing is more important than letting information flow undistorted. Still, we are not especially worried about Trump’s tariff threats because on net, he is doing the economy far more good than bad. The big economics lesson of the past 40 years has been the decisiveness of tax policy. Read More ›

A geneticist developing gene editing techniques for disease prevention, lab with CRISPR tools, petri dishes

^{Thomas D. Lehrman and George Gilder
July 23, 2025
Economic Policy, Free Enterprise

1}

The Future Is Local for Research Funding

_{Thomas D. Lehrman and George Gilder
July 23, 2025
Economic Policy, Free Enterprise

1}

Given the Trump administration’s funding cuts to the National Institutes of Health and the National Science Foundation, the U.S. must rethink how it endows innovation at American universities. Read More ›

^{Donald Nielsen
July 23, 2025
Taxes

3}

Gov. Ferguson Strips Away Washington’s Appeal with Slate of Tax Increases

_{Donald Nielsen
July 23, 2025
Taxes

3}

Gov. Bob Ferguson recently signed into law the largest tax increase in state history. It included a 6-cent per gallon increase in the gas tax. Washington already had the third-highest gas price in the country, exceeded only by California and Hawaii. Next, Ferguson approved a rent control package that limits rent increases. Any student of economics knows that if you restrict a business’s ability to make a profit, the business will stop investing. Read More ›

Ants carry the leaves back to build their nests, carrying leaves, close-up. sunlight background. Concept team work together.

^{Gale Pooley
July 23, 2025
Abundance, Politics

7}

Disney’s Best Economics Cartoon

_{Gale Pooley
July 23, 2025
Abundance, Politics

7}

If you've overlooked A Bug's Life, you've bypassed one of the most uplifting films ever crafted. This animated triumph ranks among the most profound celebrations of libertarian principles on screen, championing the creative spark that drives human progress. It's perhaps no coincidence the film debuted in that innovative year of 1998, the same year as the founding of Google and PayPal, and the launch of the Apple iMac. Read More ›

US dollar bills floating in front of the Capitol building, creating a metaphorical image about politics, money, and power.

^{Nathan Lewis
July 10, 2025
National Debt

7}

After Countries Go Broke

_{Nathan Lewis
July 10, 2025
National Debt

7}

For a country like the United States, with debt denominated in a local currency, "going broke" normally means that continued deficit spending can't be financed by the bond market. Governments could, at this moment, reduce spending dramatically and basically balance their budgets. Of course this never happens. Read More ›

Young asian father and daughter open refrigerator at home looking for some food

^{Gale Pooley
July 7, 2025
Abundance

6}

Innovation or Longevity?

_{Gale Pooley
July 7, 2025
Abundance

6}

On a recent flight from Utah to Washington DC I made a new friend when I told him that I was going to give a presentation on how our planet was infinitely bountiful. Most people are shocked when you tell them that resources will be fine but that there’re not enough people. They’ve been told all their lives that we live on a finite planet with finite resources and that if life left is “unchecked” life will cease to exist. We had a great discussion for four hours, during which he made an important observation: products today don’t seem like they last as long as they used to. Read More ›

A stack of gold coins with stock market graphs in the background on a digital screen

^{Nathan Lewis
June 19, 2025
Currency

5}

Gold Stablecoins Coming Soon

_{Nathan Lewis
June 19, 2025
Currency

5}

The main advantage of a USD stablecoin is that it integrates seamlessly with the USD-based monetary economy of today. The main disadvantage is that its value is fixed to the dollar; and that value can be expected to decline over time, slowly or quickly. A better solution, and the one that the US used in 1913, is multiple private issuers of gold-based stablecoins. Read More ›

Large modern warehouse with forklifts and stack of car tires

^{Gale Pooley
June 16, 2025
Abundance

3}

Tire Abundance

_{Gale Pooley
June 16, 2025
Abundance

3}

Walmart sells the Goodyear Reliant 195/60R15 88V All-Season Tire for $77. Unskilled workers today are earning around $17.17 an hour, indicating a time price of 4.46 hours. For the time it took to earn the money to buy a single tire in 1920, you get 20 of them today. Read More ›

Printing US dollar bills. Concept of United States economy, buying and selling banknotes in the worldwide. Global finance and business.

^{Nathan Lewis
June 3, 2025
Economic Policy, Inflation

7}

Lawrence Lepard Predicts “The Big Print”

_{Nathan Lewis
June 3, 2025
Economic Policy, Inflation

7}

The 2020 period, in which central banks around the world engaged in unprecedented monetary expansion, showed their increasing willingness to essentially “run the printing presses” whenever things got tough. Unfortunately, along the way, they also showed Congress (and other governments worldwide) that no real discipline is needed, because every problem can ultimately be solved with the central bank printing press. Read More ›

Ride the Amtrak passenger train through lush Michigan landscapes from Chicago, Illinois to Detroit, Michigan.

^{J.D. Wong
May 23, 2025

2}

The Failure of Subsidizing AMTRAK and How to Make Passenger Trains Profitable Again

_{J.D. Wong
May 23, 2025

2}

We are publishing this paper volunteered by J.D. Wong, a Georgia businessman, that makes a strong, well-researched case that government subsidies for Amtrak should be terminated. In his opinion, only a couple of long distance train routes are potentially sustainable, and that a reliance on standard rail cars, rather than sleeper cars, is a business mistake that mainly reflects political influence. Read More ›