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How to Leverage the Element of Surprise George Gilder As I mentioned in yesterday’s issue of Daily Prophecy, the desire to make a million dollars is a commendable goal. Why? Because doing so will require you to provide new things to the economy. Or, as an investor, you will need to invest in companies that generate new knowledge: an innovation. And as I also mentioned yesterday, the signal of innovation is surprise. Surprise, however, is not always welcome. It violates cherished assumptions. It does not fit into the familiar rearview mirrors of financial projections. It is unexpected. In the Information...

This is a long slide presentation but well worth the effort George Gilder and Noah Robinson For a copy of the technical paper go here To get active go here

George Gilder | Life After Google

Blockchain technology has been the talk of the tech world for the last several years. That said, it is also something of a riddle, wrapped in a mystery, inside an enigma. There are plenty of great books that effectively promote it, such as Don and Alex Tapscott’s nearly canonical Blockchain Revolution, published in 2016. Fast forward the revolution by two years. There’s more to say. George Gilder, in the most important recent book on blockchain, is here to say it. He not only dazzles but demystifies the blockchain, making vivid exactly how it is going to transform the internet and...

Google’s security foibles, its “aggregate and advertise” model, its avoidance of price signals, its silos of customer data, and its visions of machine mind are unlikely to survive the root-and-branch revolution of distributed peer-to-peer technology, which I call the “cryptocosm.” Today, all around us, scores of thousands of engineers and entrepreneurs are contriving a new system of the world that transcends the limits and illusions of the Google realm. In the Google era, the prime rule of the Internet is “Communications first.” That means everything is free to be copied, moved, and mutated. While most of us welcome “free” on...

The timing could not be better. The same week that Facebook stock prices went into full meltdown (the largest one day loss in market history (though that headline is a little bit of hype - percent decline is the real thing to look at)), was also the same week that George Gilder's new book, Life After Google (henceforth LAG), was published.I had the honor of being able to read the original treatment for the book last year and then the pre-pub galleys last month, so I had already read two versions of the book before it went on sale. It...

Why does Wall Street keep recovering after recessions but the economy seemingly never does? The reason, as I document in my book, "The Scandal of Money: Why Wall Street Recovers but the Economy Never Does" is that Washington and the Federal Reserve together have created a closed loop economy where the Fed creates money for the government and the S&P 500 and Main Street is left out. The Fed decides what money is worth and who receives it and how much. The Fed prices it at zero interest rates, allegedly to stimulate economic growth. But whenever something is free, it's...

Bill Gates famously called George Gilder "very stimulating even when I disagree with him, and most of the time I agree with him." The issues on which Gilder has staked out stimulating positions over more than 30 years as a writer and public intellectual are wide-ranging. They include the causes of poverty and the creators of wealth; the consequences of modern feminism; and the possibilities opened by the high-tech revolution. His arguments are often surprising, always provocative and generally controversial. His latest book is titled "The Israel Test." Much of what he says is dramatically different from what just about...

Anti-Semitism is essentially hatred of capitalism and excellence. An NRO Q&A Would you pass it? Kathryn Jean Lopez sat down with George Gilder, author of The Israel Test, and asked him a few questions about Israel. KATHRYN JEAN LOPEZ: What’s the Israel Test and who is administering it? GEORGE GILDER: Do you admire and emulate excellence and accomplishment, even if it excels your own? Or do you envy and resent it? And try to tear it down? That’s the Israel Test and it is administered by cosmic law — the law of capitalist success: The good fortune of others is...

I seem to have got myself elected to the post of NR’s designated point man against Creationists.* Indignant anti-Creationist readers have urged me to make a response to George Gilder’s long essay “Evolution and Me” in the current (7/17/06) National Review Well, I'll give it a shot. I had better say up front that I am only familiar with George’s work — he has written several books, none of which I have read, I am ashamed to say, since I know he has read one of mine — in a sketchy and secondhand way, so what follows is only a...

CULTURE WATCH The Idea of the (Feminized) University Coeds are one thing . . . GEORGE GILDER Why would any self-respecting boy want to attend one of America’s increasingly feminized universities? Most of these institutions have flounced through the last forty years fashioning a fluffy pink playpen of feminist studies and agitprop “herstory,” taught amid a green goo of eco-motherism and anti-industrial phobia. They routinely showcase such trendy trumperies as The Vagina Monologues, while sacrificing thousands of men’s athletic teams at the altar of Title IX. They happily open their arms to the recruiting efforts of gay and lesbian student...

Once-prestigious economists such as Paul Samuelson and once-responsible analysts such as Paul Krugman and once-sensible financial pundits such as Lou Dobbs are adducing twisted new theories of how free trade is no longer a win-win proposition.

Since Ronald Reagan's death, many inspiring speeches have been delivered and adulatory articles written about his presidency. But few of the tributes have recognized Reagan's greatest achievement, which was indispensable to the U.S. triumph in the Cold War and is crucial for the current war on terrorism. Reagan tapped the creativity of America's entrepreneurs to bring about a global, not just a national, economic revolution. Poets describe creativity as "Promethean," referring to the mythical hero who brought fire to the earth. A Promethean era in world history, the Reagan presidency lit the fires of American creativity - and they have...

I'm not sure what to think about this... Comments?! "The Confidence Game" George Gilder Why do I trust Gary Winnick and Jeffrey Skilling--nefarious former chief executives of notoriously bankrupt companies--more than I trust Senator John McCain of vaunted valor in prison camps or David Broder of Pulitzer fame or Senator Joseph Lieberman of famously flinty integrity? Why do I trust Kenneth Lay of Enron and Bernard Ebbers of WorldCom more than I trust Justices William Rehnquist and Antonin Scalia, the stalwart intellectual leaders of a nominally conservative Supreme Court, or even George W. Bush, that most trusted of Presidents? Why...