In August of 2019, the United States is a nation at war with itself.
We are at war with fundamental changes that must occur if the country, and the world, are to be saved from the Industrial Revolution.
We’re also at war with the essentials of economic growth in our time.
As I have written many times, the gating factor in technology is human capital. Trained, eager, free minds, willing to think the previously unthinkable, to model it and make it reality. This is where money is made today.
The more such people you have, the fewer of the other kind, the more money you make. The more freedom these people have, the greater their access to money, to new ideas, and to one another, the more your society prospers. This is Israel’s secret sauce.
Resources don’t matter. Machines don’t matter. Muscle doesn’t matter. Minds matter, more than anything.
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