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Knowledge and Power

Cover of Knowledge and Power

Knowledge and Power

The Information Theory of Capitalism and How It Is Revolutionizing Our World

Just when our economy desperately needs a new direction, 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.

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 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, 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.

Just when our economy desperately needs a new direction, 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.

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 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, 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.

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About the Author-
  • George F. Gilder is a journalist, New York Times bestselling author, and preeminent economic thinker who is credited with helping develop the supply-side economic theory. He has served as chairman of the Lehrman Institute's Economic Roundtable, was program director for the Manhattan Institute, and is the cofounder of the Discovery Institute. He is the author of many popular books and has written for the Wall Street Journal, National Review, Forbes, and other publications. He lives in New York with his wife.

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  • New York Times on Wealth and Poverty "Not since the Gilded Age of the late 1800s has anyone advanced so enthusiastic an endorsement of capitalism and capitalists."
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Knowledge and Power
Knowledge and Power
The Information Theory of Capitalism and How It Is Revolutionizing Our World
George Gilder
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