Wealth and Poverty: A New Edition for the Twenty-First Century

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.

George Gilder, one of America's leading economic and technological thinkers, is the author of many groundbreaking books, including Wealth and Poverty, Knowledge and Power, The Scandal of Money, and Life after Google. A founding fellow of the Discovery Institute, where he began his study of information theory, and an influential venture capitalist, he lives with his wife on his family farm in western Massachusetts.

From the New Prologue The United States over the last decade has witnessed a classic confrontation between the forces of entrepreneurial capitalism and those of established institutions claiming a higher virtue, expertise, and political standing. One side subsists on unforced profits of enterprise; the other on rents and tolls and privileges at the Treasury, the Federal Reserve, and the White House. &hellp;The wealth of America is not an inventory of goods; it is an organic living entity, a fragile pulsing fabric of ideas, expectations, loyalties, moral commitments, and visions. To vivisect it for redistribution is to kill it. As President Mitterand's French technocrats discovered in the 1980s, and President Obama's quixotic American ecocrats are discovering today, government managers of complex systems of wealth soon find they are administering an industrial corpse, a socialized Solyndra.

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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