Back in the 1990s, I read George Gilder’s monthly newsletter. It was aimed at investors in the stock market and it was filled with Gilder’s ideas of a technological future. When Gilder went “all in” on the troubled company Global Crossing…and Global Crossing went bankrupt that was pretty much the end of Gilder as an investment adviser. Gilder’s latest book, Knowledge & Power, presents many of Gilder’s favorite themes: information technology will change everything including politics, capitalism works best with few restrictions or rules, and those who follow Gilder’s ideas will benefit materially. I found Gilder’s book provocative. If you have an interest in economics and technology, you’ll find Knowledge & Power thought-provoking. GRADE: A
TABLE OF CONTENTS:
Forward By Andy Kessler
PART ONE: THE THEORY
1. The Need for a New Economics
2. The Signal in the Noise
3. The Science of Information
4. Entropy Economics
5. Romney, Bain, and the Curve of Learning
6. The Extent of Learning
7. The Light Dawns
8. Keynes Eclipses Information
9. Fallacies of Entropy and Order
10. Romer’s Recipes and Their Limits
11. Mind Over Matter
PART TWO: THE CRISIS
12. The Scandal of Money
13. The Fecklessness of Efficiency
14. Regnorance
15. California Debauch
16. Doing Banking Right
17. The One Percent
PART THREE: THE FUTURE
18. The Black Swans of Investment
19. The Outsider Trading Scandal
20. The Explosive Elasticities of Freedom
21. Flattening Taxes
22. The Technology Evolution Myth
23. Israel: InfoNation
24. The Knowledge Horizon
25. The Power of Giving
Acknowledgements
Notes
Index