While watching an old interview with Max Levchin and Peter Thiel from 2011, something Levchin said about innovation stagnation stood out to me. Levchin argued that one of the things that was noticeable in his time was the impetus and vision provided by heads of States and governments at large with regards to the economic activity that would take place over 15-20 year horizons. Since the Reagan administration in the US, the trend one has observed in Western governments has been one of the Stat...