The New York Times has published a fine op-ed by Center for Growth and Opportunity at Utah State University senior fellow Eli Dourado arguing that the U.S. economy needs to get a lot better at building physical stuff. He notes:
One reason venture capitalists have invested so much in software companies and relatively little in transformative physical-world technology is that the returns in software come faster and face less regulatory risk.
One of the big “regulatory risks” Dourado correctly identifies is the National Environmental Policy Act. Dourado explains:
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.
