Peter Thiel, the legendary co-founder of PayPal, says that the greatest threat to technological growth in America is a culture that embraces conformity. “I worry that the conformity problem is worse today than it was in the ‘50s,” said Thiel at an event hosted by the Mercatus Center.
Edward Luce writes in the Financial Times that “American’s politics is remarkable for its resistance to new ideas.” Luce contrasts this way of thinking to the sort that percolates in the
Five years ago, there were no startup incubators in New York City.
The Big Apple could hardly be called a hotbed for new innovation, as its economy still relied heavily on big corporations and the financial sector.
As the summer winds down, staff at the U.S. Chamber of Commerce Foundation are getting ready for a busy month of events and new research.