Peter Thiel has an interview at CNET that I agree with to a shockingly high degree. That’s not say I expected something bad from Thiel but simply that I tend to disagree a lot when someone takes on as wide a set of issues as he did, from IPOs to the Arab Spring.
My most fundamental quibble is with this:
I don’t think most of the economy should be planned. But I think to the extent you’re going to have large government, it would be good if the government should be planned rather than unplanned. If you’re going to invest in alternate energy, you should have a plan of what kind of alternate energy you should be investing in, and you shouldn’t be randomly buying lottery tickets. Planning is preferable to buying random lottery tickets or politically motivated lottery tickets, which is the concern with the clean-tech stuff
To read the full, original article click on this link: Thiel on Innovation, Economy and State « Modeled Behavior
Author:Karl Smith
