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Author George Gilder discusses his conception of knowledge, power, and the economy, as described in his latest book, Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World.

George Gilder • George Gilder on knowledge, power, and the economy

Capitalism and the Internet, both of which are incredibly efficient at propagating information, create the potential for bad ideas as well as good ones to spread.

Nate Silver • The Signal and the Noise: Why So Many Predictions Fail-but Some Don't

Obviously ideas have always gained and lost popularity throughout history. But I think it’s fair to say the conditions that disrupt the so-called arc of progress have intensified beyond comprehension. Mass media’s emphasis on images and appearances has shifted the political discourse to a facile imitation of its former self.

Haley Nahman • #100: New idea trending

The Future of Luxury Is on-Site

Vicki Boykis vicki.substack.com

Stigler’s mark in economics centered on the economic competency—or rather incompetency—of state power. Once man’s behavior was reduced to utility-maximizing self-interest, economists were able to tear down the edifices of government intervention in the economy; they sought “a large role for explicit or implicit prices in the solution of many social

Glory M. Liu • Adam Smith’s America: How a Scottish Philosopher Became an Icon of American Capitalism

The architecture of a civilization is always in communion with its technology. Its effects are deeper than just the immediate appearance of buildings: the process of technology colors everything about how a culture interacts with the world. In the early 20th century, the mathematical rationalism of inventors and engineers intermixed with the wealth... See more

Noah Putnam • The Concrete Oasis

The Rise of the Internet’s Creative Middle Class

Cal Newport newyorker.com

And at the same time, I think that the group of people who, by luck or by temperament, proved very, very good at using the internet, to some degree, distracts from the many, many, many people for whom the internet is fundamentally a distraction machine, or for whom the internet is creating, because of what we built on it. You know, shorter attentio... See more

Ezra Klein • Opinion | We Know Shockingly Little About What Makes Humanity Prosper

This grip of voice and exit, explained in Albert O. Hirschman’s famous framework[70], proved particularly powerful. Workers’ bargaining power led to higher wages which, in turn, led to more tax revenue to bankroll social insurance regimes and a more widespread access to capital on financial markets—all of which improved the workers’ bargaining powe