The Israel Test: Why the World's Most Beseiged State Is a Beacon of Freedom and Hope for the World Economy

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The State of Israel finds itself today in a situation that may best be described by paraphrasing Charles Dickens: It is the best of times and the worst of times.

On the one hand, Israel’s economy is flourishing. As George Gilder writes in the pages of this valuable book, Israel represents one of the most extraordinary transformation stories in the history of economics. Just over sixty years old, with a population slightly over seven million, and located in a hostile region, Israel is home to more high-tech start-ups per capita than any other nation on earth and has surpassed the combined venture capital investment of France and Germany. In a decade, Israel went from being a nondescript industrial economy to one of the world’s leaders in research and technological creativity on a per capita basis. Several of Israel’s most prominent entrepreneurs responsible for this extraordinary success are profiled in these pages. Indeed, one cannot visit Israel without being struck by the economic, religious, and cultural vitality of its society.

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