


May 21, 2014 7:01 p.m. ET

At the heart of the computer revolution is Moore's law, named after Intel's co-founder Gordon Moore, who predicted that the number of transistors on integrated circuits would double every two years. As the Manhattan Institute's Robert Bryce notes in "Smaller Faster Lighter Denser Cheaper," Moore's law explains why the average smartphone today carries a quarter-million times the data-storage capacity of the computer onboard the Apollo 11 spaceship that went to the moon in 1969.

Mr. Bryce argues that a similar...

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