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From A Book with Legs Podcast: Live from the 2024 Smead Investor Oasis, venture capitalist George Gilder joins Bill and Cole Smead to discuss his latest work, “Life after Capitalism,” in which he redefines capitalism as a knowledge-based system. Gilder presents a vision of the future in which technological advances disrupt traditional capitalist structures, emphasizing innovation and knowledge over wealth accumulation. Listen here:

The cost of a 1600 lumen LED lightbulb has recently dropped by 25 percent. The new bulb also offers a great innovation. The problem with LED bulbs is that they come in five different shades. Feit Electric’s new light solves this problem by putting a switch on each bulb that lets you pick your preferred shade level. The energy to use this new lightbulb costs 17 percent more, or around 31 cents a year ($2.11 versus $1.80 based on 3 hours per day at 11 cents per kWh.) The new bulb will give you an hour of great light for less than 0.2 cents. Blue-collar workers are currently earning around $35 an hour in compensation (wages and benefits). One hour Read More ›