Show Notes
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#supplysideeconomics #freemarketcapitalism #nuclearfamilystructure #moralhazardandredistribution #riskbearingentrepreneurship #WealthandPovertyNewYorkTimesBestseller
Wealth and Poverty: A New Edition for the Twenty-First Century by George Gilder is a nonfiction work of economic and social commentary that argues for a moral and practical defense of supply-side capitalism. First published in 1981 and updated in 2012, the book became closely associated with Reagan-era economic thinking and later conservative critiques of big-government policy. Gilder combines economics with sociology and anthropology to explain why some societies generate wealth while others remain trapped in poverty. His central claim is that prosperity depends not only on markets and investment, but also on work, family stability, personal responsibility, and risk-taking. The book is written as an intervention in public policy debates, challenging demand-side economics and redistribution as solutions to poverty. It is not a technical economics text; rather, it is a broad argument about the cultural and moral foundations of economic growth, aimed at readers who want to understand capitalism as a social system as well as an economic one.