# The Scandal of Money: Why Wall Street Recovers But the Economy Never Does - Hardcover

by **George Gilder** (Author)

**_"Why do we think governments know how to create money? They don't. George Gilder shows that money is time, and time is real. He is our best guide to our most fundamental economic problem."_ _\--Peter Thiel, founder of PayPal and Palantir Technologies_**

_"Thirty-five years ago, George Gilder wrote _Wealth and Poverty_, the bible of the Reagan Revolution. With _The Scandal of Money_ he may have written the road map to the next big boom."_ _\--Arthur B. Laffer, coauthor of the _New York Times_ bestseller _An Inquiry into the Nature and Causes of the Wealth of States__

_"Gilder pushes us to think about the government monopoly on money and makes a strong case against it. If you believe in economic freedom, you should read this book."_ _\--Senator Jim DeMint, president of The Heritage Foundation_

As famed economist and _New York Times_ bestselling author George Gilder points out, "despite multi-billion dollar stimulus packages and near-zero interest rates, Wall Street recovers _but the economy never does_."

In his groundbreaking new book, _The Scandal of Money,_ Gilder unveils a radical new explanation for our economic woes. Gilder also exposes the corruption of the Federal Reserve, Washington power-brokers, and Wall Street's "too-big-to-fail" megabanks, detailing how a small cabal of elites have manipulated currencies and crises to stifle economic growth and crush the middle class.

Gilder spares no one in his devastating attack on politicians' economic policies. He claims that the Democrats will steer us to ruin - but points out that Republicans are also woefully misguided on how to salvage our economic future. With all major polls showing that voters rank the economy as one of the top three "most important problems" facing the nation, Gilder's myth-busting, paradigm-shifting recipe for economic growth could not come at a more critical time.

In _The Scandal of Money_, the reader will learn:

  

-   Who is to blame for the economic crippling of America
-   How the new titans of Wall Street value volatility over profitability
-   Why China is winning and we are losing
-   Who the real 1% is and how they are crushing the middle class
-   The hidden dangers of a cashless society
-   What Republicans need to do to win the economic debate--and what the Democrats are doing to make things worse

  

### Front Jacket

  
If it's true that "it's the economy, stupid," the Democrats should be sitting ducks in 2016. After the crash of 2008 and the Great Recession, America got the weakest recovery in a century. The problem is that the Republicans are just as clueless as their opponents. The GOP can't win the debate--and the election--with the same old shtick.

George Gilder, who revolutionized free-market thinking with his bestselling _Wealth and Poverty_, does it again with _The Scandal of Money_. Worn-out doctrines of monetary manipulation are smothering innovation, bloating the financial sector, and crushing the middle class.

Gilder's great insight is that the economy is an information system, driven by human creativity. That system depends on a reliable measuring stick of value, which we call "money." If that measuring stick becomes variable (like the post-gold standard dollar), then information does not flow efficiently and creativity withers.

Our misplaced faith in the power of the Federal Reserve to conjure economic growth by manipulating the money supply has led to the capture of Wall Street by Washington and the consequent starvation of Main Street and Silicon Valley.

If we are to restore American prosperity, if the Republican Party--the party of free markets--is going to make a winning argument, we need to understand how money really works. The _Scandal of Money_ is the most profound--and practical--analysis of politics and economics since Gilder's own classic _Wealth and Poverty_.  

### Author Biography

**George Gilder**, one of the leading economic and technological thinkers of the past forty years, is the author of nineteen 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 investor, he lives with his wife in western Massachusetts

**Number of Pages:** 224

**Dimensions:** 0.9 x 9.1 x 6.1 IN

**Publication Date:** March 28, 2016

## Details

- **Price:** 27.99 USD
- **Vendor:** Books by splitShops
- **Type:** Books
- **Tags:** Books by splitShops, Shopify Collective

## Variants

| Variant | Price | Available |
|---------|-------|-----------|
| Default Title | 27.99 USD | In stock |

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- The Scandal of Money: Why Wall Street Recovers But the Economy Never Does - Hardcover

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