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

Odd book. I was prepared for a progressive critique of economics of how inequality has risen and perhaps a diatribe on the financialization of the economy. Got the latter but from a conservative perspective. The book lays out a case for human creativity as the engine behind growth, has interesting takes on crypto and chastises Piketty et al. for being doom and gloom. So, the book gets a lot right, but just does not understand that its insights should be balanced with progressive ones as well. (My prediction is that left wing economic progressivism will merge with right wing "white working class" populism to kick off the climate change era with new infrastructure, some sane protectionism etc.) ( )

One of the few books I've read in my life that I keep wanting to re-read over and over, in search of nuggets of wisdom I missed.

A thorough primer on the Information Theory of Money and merging Information Theory with Economics. Information Theory is one of the important academic underpinnings of virtually the entire Internet (Information) age. Can't overemphasize this recommendation for techies, engineers, math nerds and everyone from a STEM background to read this. ( )