Tyler Cowen, Columnist

Two American Power Centers Are About to Clash

The most interesting intellectual conversations right now are going on in San Francisco and Washington. What happens as tech dreams collide with government realities?

A new power point.

Photographer: David Paul Morris/Bloomberg
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Not long ago I attended an informal session in San Francisco on, basically, how to make the world a better place. Most of the attendees were from the Bay Area, and the technology industry. I was struck by how their approaches and perspectives differed from what I am used to, living in Northern Virginia, just outside of Washington.

Many participants announced visions of a better and very different future, such as letting top scientists operate without financial constraints. It was implied that we can figure out a way to get there. My inclinations, I am perhaps a bit ashamed to say, were more legalistic. I was thinking the whole time in terms of changing specific laws to alter the behavior of specific bureaucracies, with smaller final benefits.