
Episode 442 - Life After Capitalism: George Gilder
The Soul of Enterprise: Business in the Transformation Economy by THRESHOLD
00:00
The Wealth of Knowledge
Adam Smith attributed our wealth to the division specialization of labor, but you're saying no it's really the spread of knowledge. We expect entrepreneurs to surprise us to create creativity innovation by definition are surprises. If you redistribute wealth that disappears. Wealth is knowledge it's in people's minds, not in some material resource in the ground or Washington.
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