The Importance of Political Cooperation Ex-Ante

Do you think or could it be done by private citizens in terms of founding businesses that do what the equivalent of, you know, Facebook or PayPal in Madison and space exploration and other such things? I mean, it varies in all these different areas. There are probably some other technologies like say Uber or Airbnb where in a way you can, things can grow very quickly and the technology can sort of outpace the politics. But if you can get something to grow quickly enough, you may not need to, you can, the politics may sort of get dragged along. The kind of pessimism that is endemic to places like Japan or Western Europe is somewhat un-American., he says.