AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Intermingling of Free Market Entrepreneurship and Government Spending
In a downturn is there a possibility that more traditional businesses become bigger or more powerful compared to you know the traditional Silicon Valley tech startup? I mean Tesla like Tesla versus a traditional car maker would be the obvious example of this right? Yeah yeah possibly but there are a couple things that work against that one. The other thing that's in play and we saw this a bit in the space program too which is that that spending is ramping up at the same time that Robert McNamara was secretary of defense for Kennedy and later became kind of the face of the Vietnam War.