STAFF NEWS & ANALYSIS

Thiel Wants to Return to Mid-20th Century Government Glory, But What If It Never Existed?

By Daily Bell Staff – July 28, 2016

Peter Thiel’s Conservative Case for Big Government … At the Republican convention in Cleveland, billionaire investor and entrepreneur Peter Thiel introduced … new ideas to his conservative audience … Thiel talked about the importance of public goods. He praised the big government projects of the mid-20th century, and lamented the fact that these seem to be a thing of the past.- Bloomberg

This speech from Thiel attracted a lot of attention, partially because Thiel is a very important technology entrepreneur.

Thiel was a co-founder of PayPal and the first outside investor in Facebook.

Ironically, Thiel is a self-proclaimed libertarian but a controversial one.

His speech shows why.

Curiously, it emphasized the need for government efficiency rather than private sector