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If Knowledge Is Power, Is It Also Wealth?

February 9, 2016

If Knowledge Is Power, Is It Also Wealth?  Ironically perhaps, the ideas that are scarce are those that disrupt “business as usual” by automating what has not yet been automated. Let’s consider a syllogism: Knowledge is power, power equals wealth, so knowledge equals wealth. Is this true? Author George Gilder thinks so. His book Knowledge and Power: […]

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The ‘Anti-Knowledge’ of the Elites

November 1, 2015

The ‘Anti-Knowledge’ of the Elites Exclusive: It’s fairly easy to spot the “anti-knowledge” spouted by the Tea Party and the Religious Right’s favorite candidates, but a more subtle form of reality-deprived “group think” pervades America’s elites though it is rarely noted in the polite circles of the mainstream media, writes Mike Lofgren. In a previous piece, I […]

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Institutional Aggression, Superfluous Planners and Predictions

September 5, 2015

Institutional Aggression, Superfluous Planners and Predictions Pretense of Knowledge Wall Street breathlessly awaits the newest payrolls report, which is widely held to contain the information needed for the FOMC to decide whether or not it should raise the overnight interbank lending rate from zilch to zilch plus a few basis points later this month. photo […]

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