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Life After Capitalism: George Gilder

The Soul of Enterprise: Business in the Transformation Economy

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The Importance of Unexpected Bets

George Gilder is the author of a new book, Life After Capitalism. He talks about how Claude Shannon defined information as unexpected bets. The amount of information that could be transmitted was determined by the degrees of freedom of the source of the information,. And then economics, this means the degrees offreedom of the entrepreneur who actually is generating the new knowledge and learning that constitutes wealth.

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