Posts tagged with: Problem solving

In his new book, Knowledge and Power, the imitable George Gilder aims at reframing our economic paradigm, focusing heavily on the tension between the power of the State and the knowledge of entrepreneurs — or, as William Easterly has put it, the planners and the searchers.

“Wealth is essentially knowledge,” Gilder writes, and “the war between the centrifuge of knowledge and the centripetal pull of power remains the prime conflict in all economies.”

In a recent interview with Peter Robinson, he fleshes out his thesis:

Quoting Albert Hirschman, Gilder notes that, “Creativity always comes as a surprise to us,” continuing (in his own words), “if it didn’t, we wouldn’t need it and planning would work….Entrepreneurial creativity is almost defined by its surprisal —  by its unexpected character.”

Making room for such surprise requires a dose of Hayekian humility, but as for the shapes, contours, and origins of the surprise itself, Christianity has plenty to say. (more…)

Blog author: ehilton
posted by on Thursday, August 22, 2013

We need both of course. But do we Americans put too much emphasis on productivity? And is it hurting us?Creativity1

Jeff DeGraff, professor at the University of Michigan Ross School of Business, thinks this might just be the case. It seems that industrialized country like the U.S. and Germany put great value on productivity, but not so much on creativity, and it may be costing us. (more…)