Vol. 39, No. 12
06/26/2023
The Review
Gilder Envisages Tomorrow
Life After Capitalism: The Meaning of Wealth, the Future of the Economy, and the Time Theory of Money, by George Gilder, Washington, D.C.: Regnery Gateway, 2023, 224 pages, hardcover.
A lot of economists are fond of telling you what to do with your money after you’ve done something else with it. George Gilder can do much more than that: In his latest book, Life After Capitalism, he advances a new type of economics along with a different way of defining money.
The “information theory” of economics that he presents has four key canons (each of which he scrutinizes), namely, 1) wealth is knowledge; 2) growth is learning; 3) information is surprise; and 4) money is time.
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