Gilder’s Guideposts Newsletters
Jobs Harder to Find, Powell to Party?
Amazing is the U.S. media’s reverence for, of all institutions, the Federal Reserve. You’d think that our Democrat-leaning press might be just a little skeptical about an institution that takes ensuring the nation’s titan saurian banks never have a bad day as its most sacred calling. And yet the media, even our beloved Wall Street […]
Going Spartacus for the Jews We Love
Two weeks ago, Dennis Prager wrote a column every American, but especially every American Christian, should read and take to heart. In the column, which you can find here, Dennis makes a suggestion that we believe really could make a difference against the rising tide of antisemitism in the United States. At a minimum, it […]
Thanksgiving Day Dinner Celebration
Thanksgiving Day Dinner Celebration As we approach Thanksgiving dinner and prepare to give thanks for our bounties, the United States Farm Bureau Federation contrives an annual wet blanket of “inflation” data-smog. This year, it declares, will be the second most costly Thanksgiving on record. The average price of the classic feast for 10 will come in […]
ChatGPT and Lobachevski
What made ChatGPT the genius that it is today? What brought Sam Altman and his team their new wealth and fame? What is the secret of the commercial triumph of artificial intelligence (AI) and its breakthrough success ChatGPT, recently released by OpenAI in a quaternary “Turbo” version updating its data to April 2023. What made […]
What has Artificial Intelligence (AI) Done to the Mona Lisa?
We begin with the idea that artificial intelligence (AI) will improve on the original copy by enhancing the resolution and the accuracy of its features and colors. Or even better, we might expect AI to excel past the performance of a mere human artist with trillions on trillions of iterative improvements, perhaps surprising us with […]
A Subversive at the Fed Proves Destroying Jobs is Not the Answer
“Doubts Arise on Growth-Inflation Link.” The Wall Street Journal headline caught our attention not because it was news, but because it was 40 years out of date. It was way back in the 1980s that Ronald Reagan smashed for all time the Phillips Curve myth that too many people working causes inflation. Get out your […]
CHIPing Away at U.S. Technology Leadership
The CHIPs Act, which allocates some $500 billion to subsidize manufacturing of microchips in the United States is a catastrophic example of the “damage multiplier” of government spending. The biggest damage comes not from waste of the government’s money but the resulting massive misallocation of private capital. This is not a new thing. Consider government […]
Antisemitism as Socialism
Does it seem strange to you that so many on the left are anti-Israel, and especially so pro-Palestinian? Welcome to the materialist superstition, the worship of material things—land, “resources”, factories, machines—as the source of wealth and wealth itself. This has always been the fundamental creed of socialism. It’s why socialists believe that wealth can be […]
The Israel Test
UN Secretary General Antonio Guterres has once again failed his “Israel Test.” Divulging his unoriginal thoughts on the horrific invasion of Israel by jihadists from Hamas and other middens of Mid-East murk and malice, he blamed this war on Israel. While ritually condemning the killings of Israeli civilians, the UN moralist swiftly moves on to […]
Have a Life Changing Moment!
The world today is fraught with life-changing moments for many of us. I hope that this letter can be a life-changing moment for some of you. I just had the strange and exhilarating experience of watching a film about my life. Called “Sage Against the Machine” (gildermovie.com), it was made by an ingenious entrepreneurial team […]