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Knowledge and Power by George Gilder Summary

Knowledge and Power
George Gilder
Entrepreneurship
Economics
Technology
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Points Clés
Auteur
Questions Fréquentes

Overview of Knowledge and Power

George Gilder's revolutionary economic masterpiece applies information theory to capitalism, earning Steve Forbes' declaration that it "will reshape economics." Reagan's most-quoted author challenges conventional wisdom, positioning entrepreneurs as innovation drivers while government regulation distorts the vital signals powering true prosperity.

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Points clés

1

The Information Revolution We Never Understood

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In 1948, while unicycling through Bell Labs hallways, Claude Shannon quietly published what Bill Gates would later call "the Magna Carta of the Information Age." This unassuming paper, "Mathematical Theory of Communication," laid the groundwork for our entire digital world-yet most people have never heard Shannon's name. His revolutionary insight was deceptively simple: information isn't about order or predictability-it's fundamentally about surprise. This revelation doesn't just explain how your smartphone works; it offers the missing piece in our understanding of economics, innovation, and human creativity itself. What makes this insight so powerful? Consider how we typically think about information. We imagine it as organized data, neatly structured knowledge. Shannon turned this on its head. The more predictable something is, the less information it contains. A message stating "the sun will rise tomorrow" carries almost no information because everyone expects it. But "a meteor will strike Earth tomorrow" is information-rich because it's unexpected. This principle-that information equals surprise-isn't just a technical curiosity. It's the key to understanding why economies grow, why innovation happens, and why traditional economics has failed to explain the extraordinary explosion of human prosperity.

2

Why Economists Keep Getting It Wrong

3

Information: The Science We've Been Missing

4

Entrepreneurs: The Overlooked Heroes

5

The False Promise of Spontaneous Order

6

Banking: When Knowledge Meets Capital

7

Capitalism as a Gift Economy

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"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

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"Feels effortless compared to reading. I’ve finished 6 books this month already."

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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

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117

"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
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comments
12
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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
platform
comments
254
likes
17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
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star
star
star
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"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
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"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

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