Economics

Center on Wealth & Poverty

From Chaos to Order: Healthcare Reform in the Digital Age

Although unexpected, the unraveling of the Affordable Care Act—more commonly referred to as ObamaCare—may deliver a mortal blow to liberalism.  At the very least, it presents a momentous opportunity for a majority of American people to recognize that dependence on unaccountable government bureaucracies is a loser’s wager.  Since failure is often the best teacher, the ObamaCare fiasco may well catalyze Read More ›

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Downtown business district blue glass skyscrapers Background pattern. Toned photo
Image Credit: undrey - Adobe Stock

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

We are trained and educated to comprehend the operations of the universe in a materialistic way, where physical and chemical processes are assumed to be the deepest level of knowledge that can be acquired. George Gilder, in his new book Knowledge and Power, disputes that. Read More ›

Mark Zuckerberg, Philanthropist

Eighteen million shares of Facebook stock valued at $992,200,000: that was the size of Facebook founder Mark Zuckerberg’s donation to the Silicon Valley Community Foundation a few weeks ago. It was America’s biggest charitable gift of 2013. And it was the first time a philanthropist under the age of 30 led the Chronicle of Philanthropy’s annual top givers’ list. This follows a Read More ›

How do we Spur Innovation & Job Creation? George Gilder, author of Knowledge & Power

How do we Spur Innovation and Job Creation? George Gilder, author of Knowledge & Power

In this short clip, bestselling author and famed economist George Gilder answers your questions about how to spur job creation and innovation, both of which have been headline questions in America’s economic arena for years. In his new book Knowledge and Power: The Information Theory of Capitalism and How It Is Revolutionizing Our World, Gilder synthesizes his analysis of technology Read More ›

The Book That Predicted Obamacare’s Failure — And America’s Rebirth

In three short months, Obamacare has exposed, with 200 proof concentration, the fundamental mismatch between government’s limited knowledge and its unattenuated power. The Administration is now “discovering . . . that insurance is complicated to buy” – and to assemble, price, purvey, and regulate. Many health care experts predicted Obamacare’s failures with amazing specificity. But why did the Administration’s claim that Healthcare.gov is Read More ›

Knowledge and Power (and Surprise)

Caleb Brown, host of the Cato Daily Podcast, talks with George Gilder about his new book Knowledge and Power. Listen, download, and subscribe at the Cato Institute website.

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Close up of stethoscope and pen on calendar, doctor appointment.
Image Credit: wittayayut - Adobe Stock

Doctors Disappear

A curious feature of recent U.S. health care reform efforts — easily overlooked amidst the daily media grind of canceled plans, crashing websites and new restrictions — is the irrational belief that we can extend more health care to more Americans while rendering a career as a family physician increasingly unappealing. Government has grown increasingly entangled in healthcare markets, complicating Read More ›

Yellen Should Answer Tough Questions Before Getting Fed Job

After the president, the chairman of the Federal Reserve is the most powerful office in the land. But so far, Janet Yellen, the heir-apparent nominee to chair the Fed, has been slow-pitched and not asked the kind of direct questions in Senate Banking Committee hearings that reveal whether she is the right person to lead the Fed in the most Read More ›

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The cost of healthcare
Image Credit: Valeri Luzina - Adobe Stock

The Costs of Health Care Failure

The costs of institutional health care failure now gorge nearly 15% of GDP, on the way to 20%. Yet the costs of the forward-looking genetic information in biomedicine has dropped 50,000-fold in ten years. What’s wrong with this picture? To paymaster politicians, health care is a huge cost center. Health care is not really a problem but a huge opportunity Read More ›

Why Are You Hopeful for America? George Gilder author of Knowledge & Power

Why Are You Hopeful for America?

In this short clip bestselling author and influential thinker George Gilder discusses why he is hopeful for America, her future economy, and her place in the world market. In his new book Knowledge and Power: The Information Theory of Capitalism and How It Is Revolutionizing Our World, Gilder synthesizes his analysis of technology and economics to build a new theory Read More ›

Knowing All the Way

This article, published by American Spectator, talks about Discovery Institute Senior Fellow George Gilder and his book Knowledge and Power: At the beginning of Knowledge and Power, George Gilder recounts the story of Qualcomm, the San Diego-based semiconductor manufacturer and telecommunications firm, whose rise, he claims, was not just another of those fantastic Silicon Valley success stories. The rest of the article Read More ›