The Sovereign Individual: Mastering the Transition to the Information Age

Two renowned investment advisors and authors of the bestseller The Great Reckoning bring to light both currents of disaster and the potential for prosperity and renewal in the face of radical changes in human history as we move into the next century.

The Sovereign Individual: Mastering the Transition to the Information Age by James Dale Davidson and Lord William Rees-Mogg is an extraordinary analysis of the transformative changes that the world is undergoing as we transition from an industrial to an information-based society. This transition, which the authors term "the fourth stage of human society," heralds unprecedented freedom for individuals while significantly altering the influence and role of governments.

Davidson and Rees-Mogg meticulously detail the strategies necessary for adapting financially to this new paradigm. They argue that as the information age reduces the importance of conventional borders, individuals will increasingly become sovereign entities, leveraging technology to circumvent traditional economic constraints and state control.

Few analysts have had as keen an understanding of late twentieth-century global shifts as Davidson and Rees-Mogg. Their book Blood in the Streets presciently warned of the 1987 Wall Street crash, while their follow-up, The Great Reckoning, foresaw the breakup of the Soviet Union and other seismic geopolitical changes. In The Sovereign Individual, the authors build on these insights to forecast how coming changes will reshape society fundamentally.

The book delves into how the information economy will interplay with existing political structures and economic models, predicting that some current institutions may become obsolete or be forced to adapt dramatically. As technology continues to evolve, the traditional power dynamics between states and individuals are expected to shift, leading to increased prosperity for those who can master the new tools at their disposal.

The Sovereign Individual challenges readers to rethink conventional wisdom and prepares them to navigate a future where autonomy and self-reliance become paramount. By replacing false hopes and outdated beliefs with new understanding and clarified values, this outstanding work equips its readers to thrive in an era of profound change.