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Center on Wealth & Poverty

The Mission of Discovery Institute’s Center on Wealth & Poverty is to apply the perennial truths of economics and ethics to the urgent challenges of today. We are building a sustained argument against the progressive ideological regime that increasingly dominates America’s institutions and rebuilding the foundation of the nation’s first principles: freedom, equality, charity, and the pursuit of happiness for all. Read more.

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Jensen Huang’s Information Theory of Economics

As I put it, wealth is knowledge, created by learning new information, defined by its surprise. As Information Theory inventor Claude Shannon put it, information is “unexpected bits,” gauged by their surprisal. Money is time, defining the scarcities of human hours and years. As Huang says, in human intelligence and labor, “we are always millions of people short.”

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