>> coming up come from coverage of the annual libertarian conference freedom fest, economist george gilder talks about the new edition of his 1981 best-selling book, "wealth and poverty." this is just over 30 minutes. >> george gilder, you have the new edition of "wealth and poverty" out. how is the country changed since the original "wealth and poverty" came out in the 1980s click >> it hasn't changed at all. we've got a new carter in office and president obama. most of the themes of "wealth and poverty" that sprung from the awful doldrums of the u.s. economy under jimmy carter apply stronger, more strongly today. >> house so click >> obama is the same kind of antibusiness president and insight president. same kind of managerial, interfering, strangling, surprising president jimmy carter was. >> you writing here about president obama. i want to get to the right page so i can quote it correctly, sir. you write under the obama administration that the u.s. had a morbid subversion of the infrastructures of its economy. the public sector has become a manipulative forest, aggressively interveni

george gilder who i saw you interviewing talks about it as giving. each side gets to the other. so capitalism -- basically people who believe in big government via free market transaction is a one-sided transaction that is each side its benefits. it may not be ideal, but there's benefit always in a transaction otherwise would not occur because it's in a free market. no one is forcing you to enter into this exchange and that's why there's benefits to both sides. if european forests, the unilateral transaction is one that takes place between the individual and government. >> was your enthusiasm of a enthusiasm for mitt romney that romney is a campaign? >> well, i think he's going to be a very good president. i think he gets it and i think he's moving forward in the same things we need to hear. >> you mention a new book coming out. with the title of that? >> the new book is freedom manifesto, why free markets are moral and the government's army. >> is another grievance to "forbes"? recited over here. >> scratcher back over there. >> will show you the current book, how capitalism wi

. >> george gilder, are you working at all but the campaign? >> i am not working with it. i work for george who has missed out. i wrote for him the emission imaging, which is never published because he withdrew from the race. it is because i wrote that book that i could write up in poverty so rapidly. the wealth and poverty billy oriented -- originated a lot of research in a book i wrote for george romney, but the addition of the dream. after writing wealth and poverty, among the first people who came to me and asked me to speak with pain and company. the secret force in the supply-side. they provided the microeconomics of supply-side theory. the learning curve, the fact that lower prices expand market share, which meets the lower cost and more prosperity. this is both for the government, which also administers price is. they are called taxes. so lower tax rates expand the economy and we need more revenues for the government and less zero-sum struggles over government favors. >> we been talking books tv but george gilder, author of several books with the new addition of geo

lou: george gilder.uch more on the fiscal cliff and the republican messaging, if you can cll it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhoo syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in ments. the unemloyment rate drops. so did the number of workers in the labour force. we will be taaking about this economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. ♪ music body language-- without saying a word, it can tell you so much. like someone is having a stroke... know the sudden signs. learn f.a.s.t. f- face drooping a-arm weakness s- speech difficul t- time, time to call 911 immediately. the sooner they get to the hospital, the sooner they'll get treatment, and that can make a remarkable difference in their recovery. learn the body language, the suddenigns, and spot a stroke f.a.s.t. i can tell you that childhood is a magical time. but for children with diabe

lou: george gilder. much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemcal weapons. the foundation for defense of democracy joins us here in monts. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economyand what washington is trying to do to it and us next with peterwallace and. i'm dominique dawes and there parents can give their kids -- making sure they get active at least 60 minutes each day. studies sh that physical activity not only helps kids stay heahy, it can enhance impoant skills, like concentration and problem solving, which can improve academic performance. this means physical activity can help your kids in the most important game of all -- life ♪ lou: house speaker boehner says the president is slow walking our economy to the fiscal cliff. former reagan white house counsel, financial crisis inqu

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lou: george gilder.h more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in moments. the unemployment rate drops. so did the number of workers in the labour force. we will be taakingbout this economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local

us now, one of the country's most houghtfl, provocative political and economic thinkers, author george gilder who wrote the best seller, wealth and poverty, and a seminal work in it is great to have you with us. some people upon closer inspection, it isot good news anand people are leaving the wok force. >> it sure isn't. we are paying people to leave the workforce. some $1 trillion offpaments of various kinds to keep people from working and to break up their families and to demoralize their earnest. it is -- it ignores the elephant in the room which is a massive departure of the prime age man from the work force. it is accelerating today. and part of tis is being subsidized by the government through record disability payments. lou: disability aymts from social security administration, taking that a side when one looks at food stamps and medicaid alone, you can add other incentives as well and support programs, but we ae looking at the prospect of having one in the quarter workers for every one person on welfare and working the government. we are reaching a dangerous, dangerous to pinpoint in

george gilder who i saw you into doing talked about it as giving. he's really great talking about that. so capitalism, basically people who believe in big government, they see a free market transaction as a one-sided transaction, that this exploitation. but it's not about that. each side gets benefit. it may not be ideal, you know. but there's benefit always otherwise it would not occur because it's in a free market. if no one is forcing you to an end to this exchange, and that's what makes it, that's why there's benefit to both sides. the unilateral, you know, transaction is one that takes place between the individual and government. that's where it's -- >> what's your enthusiasm level for mid-run as a candidate? >> well, i think -- mitt romney as a candidate. >> i think he's going to be a very good president. i think he gets it, and i think he is moving forward, and they think he is saying some things that we need to hear. >> you mentioned a new book coming out. what was the title of the? >> the new book coming out is freedom manifesto, why free m

james gustav, steve forbes and george gilder all weigh in. watch this and more all weekend long on booktv. for a complete schedule, visit booktv.org. >> now, from albany, new york, we hear about the state-mandated new york state writer's institute. the program promotes cultural initiatives through author presentations, workshops, film screen things and more -- screenings and more. >> i can see each event just as vividly as i can see the posters before me. i'm donald faulkner, i'm director of the new york state writer's institute, and what we do, what i do is kind of herd intellectual cats. we bring a lot of writers through to albany to do readings, we also do a number of other types of programs, events, writing workshops and film series and programs with young writers and a summer institute that we run in saratoga. >> the life of the -- my life in the last few years was, i suppose you'd call it adventurous. but this thing ruined everything. [laughter] >> we go far and wide, find the best writers that we can and bring them to albany. it's like

elizabeth ames, leo hand and george gilder always in.more all weekend long on booktv. for complete scheduled visit