Turing showed that just as the uncertainties of physics stem from using electrons and photons to measure themselves, the limitations of computers stem from recursive self-reference. Just as quantum th...
Google after acquiring intimate knowledge of its technology may make a thousand-fold return over five to seven years. A firm such as Renaissance might make a thousand trades in a day harvesting the ti...
Gilder shows how, to the contrary, Israel’s growing prosperity will benefit the entire region in which it is located.
Devoid of the outside influences of capital and technology, the source of bitcoin value becomes the pure irreversible passage of time. The
In the history of enterprise most of the protagonists of major new products and companies began their education - not in the classroom where the old ways are taught but in the factories and labs wh...
Mollusks—Einstein’s word for entities in a relativistic world.
Even though bitcoin may not, after all, represent the potential for a new gold standard, its underlying technology will unbundle the roles of money. This can finally clarify and enable the necessary d...
Obviously the most enduring way to make this commitment is through marriage. Yet because sexual liberals deny the differences between the sexes, their explanations of why there are marriages and why m...
Google offers to its customers is free. Internet searches are free. Email is free. The vast resources of the data centers, costing Google an estimated thirty billion dollars to build, are provided ess...
All entrepreneurial and technological ventures, according to a canonical paper by the productivity theorist Robert Gordon, face the closing of the world’s productivity frontier.
Heaped on the hapless American student to pay for a bloated academic establishment
This process of wealth creation is offensive to levelers and planners because it yields mountains of new wealth in ways that could not possibly be planned. But unpredictability is fundamental to free...
The intellectuals of this era are simply blind to the reality of consciousness. Consciousness is who we are, how we think, and how we know.
An economics of systems only-an economics of markets but not of men-is fatally flawed.
Yet I believe the Google system of the world will fail, indeed be swept away in our time (and I am seventy-eight!). It will fail because its every major premise will fail.
Thinking is conscious, willful, imaginative, and creative. A computer running at gigahertz speeds and playing a deterministic game like chess or Go is only a machine.
Republicans have been running on tax-cut proposals since the era of Harding and Coolidge. Tax-rate reductions and simplifications are urgently needed. But again, there is no mention of the key problem...
Piketty would impose a progressive annual tax on capital. By a static analysis, such a tax might reduce the yield of capital to the rate of GDP expansion and thus eliminate the bias toward top-heavy a...
Yet economics purports to be strangely exempt from this fact of life. From Adam Smith's day to our own, the chief concern of the discipline has been to render economic events unsurprising...The discer...
We begin with the proposition that capitalism is not chiefly an incentive system but an information system. We continue with the recognition, explained by the most powerful science of the epoch, that...