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Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

  • Book
  • Jan 1, 2013
  • #Economics
George Gilder
@GeorgeGilder
(Author)
www.goodreads.com
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Ronald Reagan’s most-quoted living author—George Gilder—is back with an all-new paradigm-shifting theory of capitalism that will upturn conventional wisdom, just when our economy de... Show More

Ronald Reagan’s most-quoted living author—George Gilder—is back with an all-new paradigm-shifting theory of capitalism that will upturn conventional wisdom, just when our economy desperately needs a new direction.

America’s struggling economy needs a better philosophy than the college student's lament: "I can't be out of money, I still have checks in my checkbook!" We’ve tried a government spending spree, and we’ve learned it doesn’t work. Now is the time to rededicate our country to the pursuit of free market capitalism, before we’re buried under a mound of debt and unfunded entitlements. But how do we navigate between government spending that's too big to sustain and financial institutions that are "too big to fail?" In Knowledge and Power, George Gilder proposes a bold new theory on how capitalism produces wealth and how our economy can regain its vitality and its growth.

Gilder breaks away from the supply-side model of economics to present a new economic paradigm: the epic conflict between the knowledge of entrepreneurs on one side, and the blunt power of government on the other. The knowledge of entrepreneurs, and their freedom to share and use that knowledge, are the sparks that light up the economy and set its gears in motion. The power of government to regulate, stifle, manipulate, subsidize or suppress knowledge and ideas is the inertia that slows those gears down, or keeps them from turning at all.

One of the twentieth century’s defining economic minds has returned with a new philosophy to carry us into the twenty-first. Knowledge and Power is a must-read for fiscal conservatives, business owners, CEOs, investors, and anyone interested in propelling America’s economy to future success.

(From Goodreads)

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Number of Pages: 400

ISBN: 1621570274

ISBN-13: 9781621570271

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Erik Torenberg @ErikTorenberg · Dec 26, 2019
  • Curated in Here are some of the most interesting books in 2019
Allen Farrington @AllenFarrington · Mar 2, 2022
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  • From www.amazon.com
As mentioned in the introduction to this chapter, of all of the dissenting work on the EMH, we most recommend by far, Andrew Lo’s “adaptive markets hypothesis” the original paper and the follow up book of the same name, as well as the various thoughts of Benoit Mandelbrot on fractals in financial markets - strewn across numerous academic papers but lucidly conveyed in the popular book the “misbehaviour of markets” and George Gilder’s “knowledge and power”
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    Here are some of the most interesting books in 2019
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