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Free Enterprise

Gilder SPU Talk

Steve Forbes Podcast with George Gilder: The Creativity of Capitalism and the Post-Google Era

Discovery co-founder George Gilder sat down with Steve Forbes on Forbes’s podcast What’s Ahead. There are not many minds that have been able to predict what’s ahead quite like Gilder who has proven to be a true visionary in economics and tech. In this conversation with Forbes, Gilder discusses his new book Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy, and unpacks what he calls the “cryptocosm”. Gilder discounts many of the pessimistic pundits and instead foresees a future rife with flourishing innovation. What’s more, the cryptocosm will put you in charge of your data!

Bill Walton

The Bill Walton Show: “Burn the Business Plan” with Carl Schramm

An entire industry – mostly government-funded – has sprung up around the idea of creating entrepreneurs. Don’t buy any of it. Don’t buy college. Don’t buy business incubators. Don’t buy mentors – you probably know more about what it takes to succeed in your business than they do. Start the business. As Carl Schramm and I discussed on “The Bill Walton Show,” get your education at the School of Hard Knocks. Observe your competitors. Work somewhere first so you can understand the choreography of business. There’s a right way to do it, but there are no short-cuts and no gimmicks to get there. Entrepreneurship is about lines of action. The best way to learn how to start businesses is to …

Artificial Intelligence
Businessman on blurred background using digital artificial intelligence interface 3D rendering

Universal Basic Income? Fear of AI Fuels a New Argument for Socialism

With Alexandria Ocasio-Cortez and other Democratic candidates for president floating wilder trial balloons than a psychedelic circus, I’m surprised they have not (yet) picked up on the universal basic income (UBI). The UBI (guaranteed income for employable people who choose not to work) is far and away the favorite “solution” among those strong AI enthusiasts who expect machines to replace human work. They expect vast swaths of the country to be out of work for good. So far, the only candidate plugging UBI is entrepreneur Andrew Yang. Yang is more idea-oriented than his Democratic opponents and he has made UBI central to his presidential campaign in the key state of Iowa. His plan would offer $1,000 a month per person. I suspect it’s only a matter of time before other Democratic candidates pick up on this platform plank, on the assumption that their likely voters will imagine it as free money. Read More ›
Bill Walton

The Bill Walton Show: How American Medical Insurance has Failed to Keep Pace with Modern Medicine with John Steele Gordon

Did you know there was no health insurance until 1930 and that 90 percent of today’s medical care did not even exist in 1950? Yet, health insurance has not evolved to match the innovation or the demand. On this week’s edition of “The Bill Walton Show,” economic author John Steele Gordon and I discuss how our antiquated health insurance system has utterly failed to keep pace with modern medicine, how our healthcare system became such a tangled, costly mess and where we can find simple, free market solutions. Read More ›

A Lively Discussion on Trade and Protectionism

This will go down in history as the episode of “The Bill Walton Show” where economist John Tamny referred to views I presented as utter nonsense and I called his naïve. No, we haven’t descended into a late-night cable TV news catfight. Anyone who has watched this program for any time knows I could not have more respect for Tamny, a senior fellow in economics at Reason Foundation,  and his unique insights into economics, trade, and policy—and that he’s one of my favorite people. But the language we both chose in what was an entirely pleasant conversation perhaps reflects the sharp differences that are emerging even on the pro-market side about the trade practices of President Donald Trump. I had Read More ›

At Forbes, Sr. Fellow George Gilder Discusses Why “Gold Is The Money Of The Future”

Gilder argues that fluctuating currency values--as opposed to the gold standard--are a "relic, totally unfit for the modern world, rendered indefensible by cutting edge information theory, a major source of political and economic corruption, and one of our most significant barriers to progress." Read More ›