Money is time. You work and earn money with your time. Money represents your "work time." You don't run out of money, you run out of time to earn more money. These ideas come from George Gilder. He argues that wealth is knowledge, growth is learning, and money is time. From these three principles we can derive a theorem: The growth in knowledge can be measure in time. Our time-price framework operationalizes this theorem. Thanks for reading and talking with me about these ideas.
Read these three books:
Life After Capitalism
Life After Google
Knowledge and Power
Then you will be able to conduct a great interview 🤙🏼
I always think of money as work. Something symbolic that allows individuals to do things besides providing for basic needs.
Money is time. You work and earn money with your time. Money represents your "work time." You don't run out of money, you run out of time to earn more money. These ideas come from George Gilder. He argues that wealth is knowledge, growth is learning, and money is time. From these three principles we can derive a theorem: The growth in knowledge can be measure in time. Our time-price framework operationalizes this theorem. Thanks for reading and talking with me about these ideas.
What I gather is, economic growth is mostly the expansion of knowledge which reveals itself through improving productivity.
Does anyone have a good formula illustrating this concept that I can share at Risk & Progress?
Interview George Gilder ;)
The change in time prices over time is a proxy for growth in knowledge.
I would like to. How does one contact him :)