Wealth Is Knowledge, Growth Is Learning

It sometimes feels like capitalism in America is broken — with politicians, banks and billionaire entrepreneurs doing everything they can to keep the odds stacked in their favor. But if George Gilder is right, part of the problem is that we’re viewing the system all wrong. A nation’s wealth isn’t defined by the number of factories it has, the acres of farmlands or even how much natural resources it has underground. And growth isn’t just a matter of building things better, faster and cheaper.