A Better Future Needs a Bit of a Push - Bloomberg View
...Thiel identifies one big problem as stagnation in energy. For centuries, we kept getting better energy sources -- first coal, then oil. That powered faster transportation, cheaper construction, bigger appliances and better materials....
...Another important Thiel point is that our public infrastructure is decaying. This is partly a result of stagnant spending, but we’re also getting less bang for our buck. ...
...Bringing down high infrastructure costs will involve taking on a lot of entrenched interests -- government contractors, property owners and unions. ...
...A third good point by Thiel is that regulation may already be slowing progress dramatically in the field of biosciences.
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