Wealth and Poverty: A New Edition for the Twenty-First CenturyA CLASSIC THAT WILL IGNITE THE NEXT ECONOMIC REVOLUTION Hailed as “the guide to capitalism,” the New York Times bestseller Wealth and Poverty by George F. Gilder is one of the most famous economic books of all time and has sold more than one million copies since its first release. In this influential classic, Gilder explains and makes the case for supply-side economics, proves the moral superiority of free-market capitalism, and shows why supply-side economics are more effective at decreasing poverty than government-regulated markets. Now, in this new and completely updated edition of Wealth and Poverty, Gilder compares America’s current economic challenges with her past economic problems–particularly those of the late 1970s–and explains why Obama’s big-government, redistributive policies are doing more harm than good for the poor. Making the case that supply-side economics and free market policies are–and always will be–the answer to decreasing America’s poverty rate and increasing her prosperity, Wealth & Poverty offers solutions to America’s current economic problems and hope to those who fear that our best days are behind us. |
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Page xvi
... tend to yield more revenues), and the indefatigably savvy and inspirational Steve Forbes. Most erstwhile supply-side allies, though, are jumping ship, with Reagan aides Bruce Bartlett, David Stockman, Martin Anderson, and Paul Craig ...
... tend to yield more revenues), and the indefatigably savvy and inspirational Steve Forbes. Most erstwhile supply-side allies, though, are jumping ship, with Reagan aides Bruce Bartlett, David Stockman, Martin Anderson, and Paul Craig ...
Page xxxiv
... tend to evaporate. As Bill Gates once put it during his entrepreneurial heyday, already a paper decibillionaire, “I am tied to the mast of Microsoft.” David Rockefeller devoted a lifetime of sixty- hour weeks to his own enterprises ...
... tend to evaporate. As Bill Gates once put it during his entrepreneurial heyday, already a paper decibillionaire, “I am tied to the mast of Microsoft.” David Rockefeller devoted a lifetime of sixty- hour weeks to his own enterprises ...
Page 17
... tends to expand the national income by increasing the use of housing, fast food, day care centers, and domestic help, and by expand- ing the number of job holders. Divorced men and women also drink far more, suffer much more from mental ...
... tends to expand the national income by increasing the use of housing, fast food, day care centers, and domestic help, and by expand- ing the number of job holders. Divorced men and women also drink far more, suffer much more from mental ...
Page 20
... tend to favor part-time jobs and informal services. The men's pattern contrasts dramatically. As their earnings capacity increases, so does their exploitation of it; they extend themselves to the limit when their oppor- tunities for ...
... tend to favor part-time jobs and informal services. The men's pattern contrasts dramatically. As their earnings capacity increases, so does their exploitation of it; they extend themselves to the limit when their oppor- tunities for ...
Page 23
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Contents
| 3 | |
| 11 | |
The Returns of Giving | 27 |
The Supply Side | 51 |
The Nature of Wealth | 75 |
The Nature of Poverty | 97 |
The Entrepreneurial Future | 111 |
The Clashes of Class | 125 |
Laffer and Liberal Economics | 233 |
The Inflationary State | 259 |
The Productivity of Services | 283 |
The Imperatives of Growth | 297 |
The Kinetic Economy | 319 |
The Bullheaded Brewer | 335 |
The Necessity for Faith | 351 |
The SupplySide Solution | 365 |
The War against Wealth | 139 |
The Moral Hazards of Liberalism | 149 |
The Coming Welfare Boom | 161 |
The Myths of Discrimination | 179 |
The Jobs Perplex | 195 |
The MakeWork Illusion | 211 |
ACKNOWLEDGMENTS | 381 |
NOTES | 387 |
SELECTED BIBLIOGRAPHY | 419 |
INDEX | 433 |
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Common terms and phrases
American Arthur Laffer assets benefits Boston Herald American bureaucracy capital gains capitalist chiefly companies consumer corporations costs countries create creativity credentials crucial debt decline demand discrimination earnings economic economists effect employment enterprise entrepreneurs Ethnic families favor federal firms future Galbraith George Gilder groups growing growth human ideas impact increase industrial inflation inflationary innovation Institute interest investment Irving Kristol Jack Kemp John Kenneth Galbraith Jude Wanniski Keynes Keynesian labor Laffer Laffer curve less liberal ment million moral moral hazards Paul Craig Roberts percent political poor poverty problem productivity profits programs progress revenues rich rise risk role savings Say’s Law sector social society spending statistics supply supply-side tax rates theory Thomas Sowell tion United Wall Street Journal Washington wealth women workers York