The economist George Gilder argued that lower taxes would result in greater economic growth.
In reviewing the problems of the immediate past—the inflation, recession, and urban problems of the 1970s—and proposing his supply-side solutions, Gilder argued not just the practical but the moral superiority of supply-side capitalism over the alternatives.
Gilder criticizes existing economic theories for treating innovation and entrepreneurship as minor and temporary factors in the progress toward an ordered economic system. Rather, he believes that economic growth is driven by unpredictable human actions and creativity.
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