Publisher's Synopsis
Hailed as the guide to capitalism, the New York Times bestseller Wealth and Poverty is one of the most influential economics books of all time and has sold more than one million copies since its first release. In this modern classic, Gilder affirms the moral superiority of free-market capitalism and explains why supply-side economics is more effective at decreasing poverty than government-regulated markets. Now, in a completely updated edition of Wealth and Poverty, Gilder compares America's current economic challenges with its 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 and Poverty offers solutions to America's current economic problems and hope to those who fear that our best days are behind us.
