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Ebook231 pages4 hours
The Scandal of Money: Why Wall Street Recovers but the Economy Never Does
Rating: 4 out of 5 stars
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About this ebook
Why do conservatives have such a hard time winning the economic debate in the court of public opinion? Simple, George Gilder says: conservatives misunderstand economics almost as badly as liberals do. Republicans have been running on tax cut proposals since the era of Harding and Coolidge without seriously addressing the key problems of a global economy in decline. Enough is enough. Gilder, author of New York Times bestseller Wealth and Poverty, proposes a completely new framework for understanding economic growth that will replace failed 20th century conservative economics and turn the economic debateand the countryaround.
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George Gilder
George Franklin Gilder is an investor, author, economist, and co-founder of the Discovery Institute.
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Reviews for The Scandal of Money
Rating: 3.75 out of 5 stars
4/5
4 ratings2 reviews
- Rating: 3 out of 5 stars3/5Odd book. I was prepared for a progressive critique of economics of how inequality has risen and perhaps a diatribe on the financialization of the economy. Got the latter but from a conservative perspective. The book lays out a case for human creativity as the engine behind growth, has interesting takes on crypto and chastises Piketty et al. for being doom and gloom. So, the book gets a lot right, but just does not understand that its insights should be balanced with progressive ones as well. (My prediction is that left wing economic progressivism will merge with right wing "white working class" populism to kick off the climate change era with new infrastructure, some sane protectionism etc.)
- Rating: 5 out of 5 stars5/5One of the few books I've read in my life that I keep wanting to re-read over and over, in search of nuggets of wisdom I missed. A thorough primer on the Information Theory of Money and merging Information Theory with Economics. Information Theory is one of the important academic underpinnings of virtually the entire Internet (Information) age. Can't overemphasize this recommendation for techies, engineers, math nerds and everyone from a STEM background to read this.