Monday, May 08, 2006
On Pigs and Pokes
.
According to the Wall Street Journal (temporarily available online without a subscription) George Gilder, at his peak, had the power to move the markets. However, the Nasdaq meltdown of 2000 and 2001 threw one little monkey wrench into the gears of his influence:
"The trouble with my business is that everyone came in at the peak," Mr. Gilder said in a recent interview. "The typical Gilder subscriber lost all his money and that made it very hard for me to market the newsletter."
Bankrupting your clients can have that unfortunate effect. But never fear, all is not lost:
Mr. Gilder increasingly spends his time advocating intelligent design as an alternative to evolution. Mr. Gilder, who helped found the Discovery Institute, a conservative think thank, is comfortable in the role of social contrarian.
The bankruptcy this time won’t be financial but educational and the victims will be all future generations of Americans, instead of merely those foolish enough to listen to his advice. Let’s hope he is as successful with this enterprise as with his previous one.
.
