Not surprisingly, the most essential factor in creating wealth is not money but knowledge. While the deduction is a simple one, there are some additional factors in the overall equation. Economist George Gilder, co-founder of the Discovery Institute, says, “Here’s how it works. More freedom, more knowledge, more innovation. And more innovation leads to dynamic economic growth. Less freedom, less knowledge, less innovation … less economic growth.” Listen in, Gilder lays out more facts in this edition of Prager University.