Gilder’s Guideposts Newsletters
Siccing Instant Karma on the G-Men
How terrible to live in a weak country. Fear always. Bad deals with bad neighbors. Invasion. Chaos. Flight. Poverty. Disease. All because a weak country cannot choose its wars. Throughout U.S. history, we have chosen every one of our wars. Yes, Pearl Harbor was a sneak attack, but for us the Great War had already […]
Terminating the Black Republican Taboo
Generally, politics as a horse race bores us, though we are bored by neither horses nor races. Yet Sen. Tim Scott’s entry to the presidential race is interesting, mostly for what everyone knows but so far no one is saying out loud. Republicans should support Tim Scott for President because he is black. If Sen. […]
To China with Love
Because we are routinely accused of being “pro-China” or even CCP-symps, it seems useful to clarify our position and above all the premise from which it emerges. To do that, let’s start with the opposing thesis of the China Hawks: China is still a Communist country and thereby just as much an enemy of the […]
After Recent Boom War-Makers Face Slump
In 1914, a cavalry troop maintaining formation could charge at roughly 30 feet per second. The muzzle velocity of a Hotchkiss machine gun, developed the same year, was 2,375 feet per second, nearly 100 times as fast. From a range of 300 yards, a horse could move only inches in the time it took the […]
At the Fed, the Deep State Hides in Plain Sight
By George Gilder and Richard Vigilante We’ve never quite liked the “Deep State” as a descriptor, as it tends to suggest dark and, well, deep, hidden machinations by unknown actors. That’s not quite right. The Deep State consists of a long list of very public institutions, staffed by people listed in some publicly available directory, […]
No More Buggy Whips to China Says Top U.S. Agency
The United States Department of Commerce, which is credited by many experts with powering the $25.5 trillion U.S. economy with discoveries such as the internal combustion engine, the integrated circuit and fire, continues its bold defense of American business. In a dramatic move, Commerce officials have imposed the largest fine in the agency’s history, some […]
Four Hours for a Superpower to Die
Seth Cropsey, deputy assistant secretary of the Navy under both Ronald Reagan and George H.W. Bush, recently argued in the Wall Street Journal that we are not ready for war with China. This is certainly true, which to us seems like a very good argument for not going to war with China. Helpful in this […]
When the Fed Encountered Gold Kryptonite
Paul Volcker is the demigod of the Federal Reserve, long ago ascended to Mount Olympus, or Valhalla, or wherever banker gods go when they leave us. Those who believe the Fed can cause or cure inflation yearn for current Fed leaders to exercise the power by which Volcker, as they believe, crushed the great inflation […]
Will Biden Terminate Taiwan?
It has been 14 months since we advised our readers to exit all Chinese stocks that we had previously recommended, including some companies we absolutely loved. Chairman’s Xi’s revanchist regime had become so hostile to China’s best firms you would have thought its Politburo had been staffed out of Biden’s Federal Trade Commission. That hostility […]
Another Win for Chairman Xi and His American Allies
When Chairman Xi announced his “Made in China 2025” program even he must have had a moment of doubt whether the date was too optimistic for some of China’s fledgling industries to replace Western imports. If so, he under-estimated his greatest benefactors, American China Hawks, who are doing their utmost to boost not only the […]