He has some excellent points. But sometimes he is off base. He pushed CDMA cell phones and made all sorts of claims that just were not true about the technology.

Excellent points

Hear hear

I love Gilder's last name. His economics is as good as his name.

Regarding the comment on regulations as fallout from Enron: One managing partner at Arthur Anderson's Houston office took complete control of all functions dealing with Enron. The "Enron disaster" occurred because one man prevented internal controls of Arthur Anderson from being applied to Enron and the partner in charge of AA's worldwide energy business was prevented from the normal audit discovery process. None of the regulatory changes solve this problem. There was always collusion between the accounting 'industry' and their clients. That continues today in auditing and consultancy.
The accounting 'industry' exists because of regulations starting with the federal reserve act and the income tax. Without those regulations, most of the accountants, tax consultants, and IRS employees would be applying their talents in more productive ways, likely resulting in innovation.
More regulations do not solve problems created by regulations.
That is especially true when the original regulations created monopoly power in banking and credit creation, simultaneously destroying competition in the equity markets.

The most recent GDP numbers are disturbing. The gov is now reporting the economy grew at 4.2% last quarter. That would be a 6% improvement over Q1 and most retailers announced disappointing earnings for Q2. I was skeptical of government statistics before. Now I think they are just pure fiction.

I am not sure, but they know how to destroy wealth.

Hmm..I have a fan following me around today apparently.

You don't see plenty, cg, that's the problem. I'm pretty sure the instant reality becomes crystal clear for you, you'll be screaming your last breath. Wake up!

"You voted to fundamentally transform America."
I haven't seen the fundamental change, but I didn't expect one person would initiate the fundamental change that some supporters hyped.

"Why would you do that?? And you can keep your Dr. too."
I don't know what this means.

You voted to fundamentally transform America. TWICE! Why would you do that?? And you can keep your Dr. too.

The formula is simple. I would say that Obama and progressives understand it. They just don't want anything to happen outside of their control so they ignore it.

And you gave money to Obama. "Danger ... Danger Will Robinson, it does not compute."

Freedom --> Knowledge --> Innovation --> Economic Growth

Simply put. Thank you.