Economics

Center on Wealth & Poverty

Bill-Walton-Mic-2019

The Bill Walton Show: “Is War with China Inevitable?” with Adm. James Stark and Dr. Stefan Halper

In China, the U.S. confronts an adversary that saw itself as the Middle Kingdom — the center of the universe — for 3,000 years, then endured a century of humiliation and now seeks to return to what it sees as its rightful place in the world. Join Bill Walton as he and veteran Washington foreign policy experts Dr. Stefan Halper and Adm. James Stark discuss China’s Read More ›

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The Bill Walton Show: “Burn the Business Plan” with Carl Schramm

An entire industry – mostly government-funded – has sprung up around the idea of creating entrepreneurs. Don’t buy any of it. Don’t buy college. Don’t buy business incubators. Don’t buy mentors – you probably know more about what it takes to succeed in your business than they do. Start the business. As Carl Schramm and I discussed on “The Bill Read More ›

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“What is Venture Capital and How Does It Help Drive Cutting Edge Innovation” with Dan Mindus and Brett Gibson.

Technology is creating unprecedented wealth the world over, and venture capitalists find themselves in the midst of the best opportunities. It’s an exciting time. There are about $60 billion invested per year in US firms by venture capitalists, and my guests Dan Mindus and Brett Gibson, founders of NextGen, say another $100 billion or more is sitting on the sidelines Read More ›

The Bill Walton Show: How American Medical Insurance has Failed to Keep Pace with Modern Medicine with John Steele Gordon

Did you know there was no health insurance until 1930 and that 90 percent of today’s medical care did not even exist in 1950? Yet, health insurance has not evolved to match the innovation or the demand. On this week’s edition of “The Bill Walton Show,” economic author John Steele Gordon and I discuss how our antiquated health insurance system Read More ›

The Bill Walton Show: “One Nation Ungovernable” with Wayne Crews

By some estimates, the cost of government regulation in the U.S. exceeds $2 trillion. An amazing number. And while we’re paying a fortune for existing regulations, major new ones are coming out at the rate of 3,000 per year, so fast that the White House can only do a cost-benefit analysis on less than one half of one percent of them. But there’s hope. This week on "The Bill Walton Show," Wayne Crews of CEI joins me to explain how to return the U.S. to the path of greater freedom and why “walling off the future” is critical to preserving as much liberty as possible. Read More ›
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“China’s Three Warfares” with Dr. Stefan Halber and Admiral James Stark

China is a mass of contradictions. Intellectual property thief. America’s largest trading partner. Home to 476 billionaires. Choked with air and water pollution. A rapidly aging population. And leadership eager to project its national will. China is plowing ahead with what one of my guests, Dr. Stefan Halper, call its “three warfares.” What are these and what can the U.S. Read More ›

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Chris Rufo Discusses “Survival Crime” on Tucker Carlson

Discovery Institute Research Fellow Chris Rufo appeared on Tucker Carlson’s Fox News program last week to discuss a new problem emerging from the homelessness crisis in several of America’s biggest cities, including Seattle. “Survival Crime” theory posits that certain vulnerable groups of people, such as the homeless, should be exempt from laws against public camping, drug consumption, and even theft Read More ›

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The Bill Walton Show: “Trumponomics” with Steve Moore

Ronald Reagan was a winner who believed in the boundless potential of America. Sound familiar? It’s one of the reasons Donald Trump is succeeding despite the relentless criticism. He “has a finger on the pulse of millions and millions and millions of Americans.” He beat 17 other candidates to get elected and then outsmarted Congress and his own advisers to Read More ›

The Bill Walton Show: “What Both the Left and Right Miss About Work in America” with Oren Cass

I believe that growth can benefit all Americans, yet while our GDP has tripled in size from 1975 to 2015, average wages have barely risen. The response from both political parties has been to double down on policies that have failed to address this reality Maybe they’re missing something crucial in their economic calculations. A focus on work. Author and Read More ›

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Why Talent Trumps Taxes

Lower taxes and less regulation are great for business, but some are thriving in high-tax states like New York and California. On my new podcast, Ralph Benko explains the “Tamny Axiom”. Hint: there’s something more valuable in those states than low taxes. Read More ›
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Financial Busts: Why Are We Always Surprised

People look to the government to prevent future financial crises and too many trust that politicians and economic experts can create policies to protect us and our 401(k) plans. We shouldn’t rely on them. These experts are smart, mostly well-intentioned people but they can’t prevent the next crisis. No one can. Why is that? And why is a future crisis Read More ›

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Economist George Gilder on Capitalism, Socialism, and Google

Life After Google author George Gilder explains the role of creativity in capitalism as he shares economic insight on Life, Liberty & Levin. Learning, he says, is the heart of capitalism. Whereas capitalism is about creativity, socialism is about planning and rests on the assumption that we already know everything we need to know in order to plan our future.

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Forget Cloud Computing, Blockchain is the Future

George Gilder recently sat down with Peter Robinson of the Hoover Institution on his online series Uncommon Knowledge. Gilder discusses his new book Life After Google, where he argues that bitcoin and blockchain are destined to surpass cloud computing, ushering in a new era of technology. Gilder also parses over a history of technology and artificial intelligence, quelling fears about machines taking all of Read More ›

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Block Chain Future and the FCC Local Media Rule-Making

The Bill Walton Show: Episode 15 — Bill gets a briefing from George Gilder, who predicted the smart phone and a whole lot more… back in the 1980’s. Hance Haney also joins the conversation to discuss his work lobbying the FCC. Transcript I’m here today with George Gilder, my friend, and founder of Discovery Institute. George is the author of Read More ›

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Jay Richards on Money, Greed & God

In this edition of the Evangel Guest Lecture Series, Jay W. Richards discusses his book on the capitalist system within the context of the Christian faith and examine how enterprise based on hard work, honesty, and trust fosters creativity and growth. Jay W. Richards, PhD, is author of many books including the New York Times bestseller Infiltrated (2013). Richards is Read More ›

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The Future of Science & Technology in America

How will the next wave of fundamental scientific advancement be unleashed? Will America lead this new scientific revolution, or be a sideline spectator? And how might commonly held theories of today be viewed in the near and distance future? Dr. Carver Mead, Professor Emeritus of Engineering and Applied Science at the California Institute of Technology (Caltech), is joined by Discovery Read More ›

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George Gilder at FreedomFest 2016 at Planet Hollywood in Las Vegas, Nevada
Photo by Gage Skidmore via @flickr

George Gilder at FreedomFest 2016: The Scandal of Money

It’s time for a new paradigm of economic thought. The key to understanding — and instigating — economic growth, Gilder argues, lies in information theory. Hear from economist and NYT bestselling author George Gilder as he expounds on the key messages of his latest book The Scandal of Money: Why Wall Street Recovers but the Economy Never Does at the Read More ›

The Problem of Crony Capitalism Today

Speaking at a session of the Hillsdale College lecture series Money: History and Controversies, Discovery Institute Senior Fellow dissects “The Problem of Crony Capitalism Today,” discussing how the rise of the regulatory state has brought about an increasingly cozy relationship between Washington and big business. Lobbying, Walton points out, has evolved from companies protecting themselves from such things as tax Read More ›