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STEVE FORBES is Chairman of Forbes Media, the foremost name in business information. A widely respected economic prognosticator and regular broadcast commentator, he hosts the acclaimed webcast “What’s Ahead.” He is the author and co-author of several books, including Money, the bestselling How Capitalism Will Save Us, and Flat Tax Revolution. He helped create the award-winning documentary In Money We Trust? In 1996 and 2000 he campaigned vigorously for the Republican nomination for the presidency.
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This book explores what it means for our economic system and our economic results to be “fair.” Does it mean that everyone has a fair shot? Does it mean that everyone gets the same amount? Does it mean the government can assert the authority to forcibly take from the successful and give to the poor?
Why does history record prosperity for the mass of ordinary people only within Western civilization and in the context of free markets? Donald Devine’s exploration of the enduring tension between capitalism and the moral order is the best answer to this question since Adam Smith’s.
Since the beginning of the New Deal, American liberals have insisted that the government must do more—much more—to help the poor, to increase economic security, to promote social justice and solidarity, to reduce inequality, and to mitigate the harshness of capitalism.
Entire industries are being transformed, consumers have more power than ever before, and people are finding new ways to earn a living—even in today’s slow economic recovery. All of these improvements stem from the rise of the so-called sharing economy.
The discipline of economics is not what it used to be. Over the last few decades, economists have begun a revolutionary reorientation in how we look at the world, and this has major implications for politics, policy, and our everyday lives.
Inflation: What It Is, Why It’s Bad, and How to Fix It explains what’s behind the worst inflationary storm in more than forty years—one that is dominating the headlines and shaking Americans by their pocketbooks. The cost-of-living explosion since the COVID pandemic has raised alarms about a possible return of a 1970’s-style “Great Inflation.” Some observers even fear a descent into the kind of raging hyperinflation that has torn apart so many nations. Is this true? If so, how should we prepare for the future?