When Bill Clinton assumed office nine years ago, I predicted he would enjoy one of the greatest economic booms in the history of the world. Impelled by the spread of the Internet, the onset of fiber optics, and a tenfold increase in venture capital — unleashed by the lower tax rates and deregulation of the Reagan administration — the Clinton Read More ›
WorldCom’s impending $40 billion bankruptcy should galvanize Washington to this simple fact: For the last two years we have suffered not a mild recession but a technology depression. With 34 major bankruptcies so far and 24 more expected, the collapsing communications industry — 17% of the economy — is the prime source of a $4 trillion dollar decline in the Read More ›
WASHINGTON, October 23, 2001 – “A strong economy is a must if the government is to afford to wage war on terrorism, strengthen our homeland defenses and mount major public health initiatives,” George Gilder told senior White House staff, Congressional leaders and journalists on Tuesday. “Broadband is crucial, short-term and long-term, to reviving this economy–and imperative if we are to Read More ›
Broadband or Bust! Networking Society to Accelerate Economic Growth: A Discovery Inquiry Click here to download Adobe Acrobat Reader free
“The Republicans don’t have a clue how bad the economy is,” a Democratic congressional aide told us one late October night, savoring the vision of a gavel in Dick Gephardt’s hand. Then, slowly, he broke into a wide smile, like a happy hijacker dreaming of seventy succulent virgin interns awaiting him in paradise. Chiefly in the business of appraising enterprise Read More ›
Every year I host a conference on the future of the Internet in a world of bandwidth abundance. On the last day, I hold a debate or panel on the religious significance of the technological disputes. Every year, some attendees object to this insertion of theology into the midst of a meeting otherwise devoted to the higher vocations of microelectronics Read More ›
Finally, a Gilder book for those of us who want to get right to the point! From tapes, transcripts, and corporate conclaves, you get the spoken wit and wisdom of George Gilder — on money and morals, technology and telecom. It’s all here, and it’s easy to use. A little over a third of Speaking of George Gilder consists of speeches and Read More ›
In the next few weeks the Federal Communications Commission will decide whether the U.S. telephone industry unleashes a new birth of competition, entrepreneurship and innovation. When Congress completed last year’s comprehensive revision of telecommunications legislation–the first in 60 years–pundits foresaw a flowering of new services in the telecommunications marketplace. The Baby Bells were to take on the long distance companies, Read More ›
The general theme of my argument is, Don’t solve problems. When you solve problems, you end up subsidizing your weaknesses, starving your strengths, and achieving expensive mediocrity, and in a competitive global economy expensive mediocrity goes out of business. Washington has a compulsion to solve problems, and that is really the basic flaw of the Washington approach to problems-it tries Read More ›
In the early 1960s, working on America’s second-strike capability, Paul Baran conceived the Internet. Now he wants to save the Net itself. FOR THE FIRST TIME IN HIS LIFE as an engineer, Paul Baran was “scared stiff.” That can happen to people who stumble too close to the abyss of 20th-century history and look over the edge. Born in 1926 Read More ›