Free Enterprise

It was probably fifteen years ago that I was at lunch with Banknote Capital’s Jim Fitzgerald. We were finishing up when the conversation shifted to tax rates, at which point Fitzgerald dismissed the notion that lower rates stimulate more work. To be clear, Fitzgerald was not saying that he opposed lower tax rates. He was and is very much for them. But he was expressing his disdain for the theory that lower rates cause people to work more. In his case, Fitzgerald would work a great deal precisely because there was joy in it. Still, what he said at the time was jarring. It called into question so much that was accepted wisdom. Gradually it made lots of sense. Tax Read More ›

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!