George Gilder’s Savagely Brilliant Book

Tired of struggling economically? Me too. George Gilder offers an explanation and a solution: restoring monetary integrity. It’s radical and goes far beyond primitive “supply side economics.” The axis of restored prosperity is “entrepreneurial ingenuity,” founded in all the policies which make that possible, and all that such ingenuity in turn makes possible, even for non-entrepreneurs… including equitable prosperity. I’m not alone in my admiration for this book. Conjoin the praise of Reaganomics’ co-architect Dr. Arthur Laffer’s “Thirty-five years ago, George Gilder wrote Wealth and Poverty, the bible of the Reagan Revolution. With The Scandal of Money he may have

Gold Is the Money of the Future: Gilder’s 21st Century Case For Gold

In his fascinating recent book, The 21st Century Case For Gold, George Gilder flips the debate back against those who would denigrate the gold standard as a ‘barbarous relic’. For Gilder, fluctuating currency values are the relic, totally unfit for the modern world, rendered indefensible by cutting edge information theory, a major source of political and economic corruption, and one of our most significant barriers to progress. The gold standard had developed a sort of ‘retro’ branding. It’s thought of as ‘pre’ — pre-Keynesian, pre-modern, a throw-back to the allegedly outmoded classical liberalism which was shattered by World War I.’s John Tamny: The 21st Century Case For Gold is “Excellent and Very Important”

John Tamny, Political Economy Editor at, calls George Gilder’s new monograph, The 21st Century Case For Gold, published by the American Principles Project, “an excellent and very important read.”  Tamny: “Thank goodness for Steve Forbes” is a frequent refrain among the small number of economics writers who support the dollar’s revival as a stable measure of value. Respected by serious people on the left and right, and among the various “Schools” of economic thought, Forbes’s strong support for gold-defined money lends the movement an air of credibility that otherwise wouldn’t exist. Add George Gilder to what is a short

Ending Government Abuse of Money

Richard Rahn, a Cato Institute senior fellow, has just read George Gilder’s “The 21st Century Case for Gold,” and he’s fascinated: What is money? The coin and currency that you have in your pocket? The balances you have in your checking, money market or savings account? How about the value of your stocks and bonds? The government (mainly the Federal Reserve) provides numbers about the money supply — M1, M2, M3 and M0, which only goes to show that there is no simple definition on which all agree. The economist-technologist-philosopher George Gilder, who has written many bestselling and provocative books,

Making the 21st Century Case for Gold

From George Gilder is a prophet. He’s been right repeatedly about almost every issue—from sex to Israel to economics—and now he’s back to tackle the most important — yet least debated — issue of our time: money. Why is money—specifically, the value of our currency—so important? Why is it important to get right? Many economists believe there is only one factor to worry about when it comes to monetary policy—inflation. But that’s not true — there are plenty of factors to consider. Here is one: Since the U.S. government officially abandoned a gold-backed dollar in 1971, workers’ wages have largely

Gilder’s “New Information Theory of Money” Fixes the Meaning of Money

George Gilder’s new monograph, “The 21st Century Case for Gold: A New Information Theory of Money,” offers a revolutionary alternative to today’s “deeply flawed understanding of the nature of money.” Drawing attention to the relationship between money and information, Gilder redefines and contextualizes the role of money in the 21st century as an information carrier in an information economy. Money is a “measuring stick” of economic activity, and nothing does this job better than gold. Information is key to enterprise and innovation. “Money,” Gilder says, “is the channel that carries the information to investors, workers, small businessmen, major corporations and

George Gilder Demolishes Myth About Gold Standard

From What if the gold standard is not an antique but, rather, a “timeless classic” (as termed in a speech by Bundesbank President Jens Weidmann in September 2012)?  High tech guru George Gilder deploys cutting-edge science to show why this is so, based on Shannon information theory. Gilder’s analysis is neither eccentric nor anomalous. The intellectual pedigree of the classical gold standard runs through two of the greatest scientists in history: Copernicus and Newton. Nicolas Copernicus, in his Essay on the Minting of Money eloquently lays out the scientific foundations of the classical gold standard. Sir Isaac Newton, as Master

The Return of the Money Thinkers

The dry spell is over. That’s the argument of Forbes columnist Nathan Lewis, in reaction to a new book by George Gilder on the 21st Century Case for Gold.  Lewis points out that after decades of policy irrelevance, the money team is getting a whole new class of A-listers to defend reform and end the floating currency system.  “The long era of monetary ignorance,” he says, “is finally passing.” But why does Gilder stand out among the best pack of intellectuals “since about 1910”? Lewis explains: Gilder’s new work is especially important because Gilder was not, historically, a gold standard