Peter Thiel argues that science was "decentralized" and "healthy" before the New Deal; then after the atomic bomb, it became too centralized and bureaucratized to innovate. Before, we had "science as discovery," now we have "science as governance."https://youtu.be/SO_00POR-Po?t=825 …
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I don’t think his definition of monopoly is controlling everything. It’s escaping competition. Warren Buffett has a similar investment philosophy (on economic moats).
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