In his #1 New York Times bestselling book, Zero to One, Peter Thiel presents his often contrarian ideas about competition, progress, technology, and finding value in unexpected placesto build a future that we have yet to dream, but that may someday become reality. In Developing the Developed World he brings these ideas to life, including his insights on how to create true innovations in the world of atomsnot just digits and bitsand how to foster a peaceful, prosperous and freer future marked by globalization in a world of limited resources.
Peter Thiel is Founder and Managing Member of Clarium Capital Management, LLC; Co-Founder of Paypal, Palantir Technologies, Mithril Capital Management, and Valar Ventures; Managing Partner of Founders Fund; and past President of Thiel Capital International and Chairman and Chief Executive Officer of Confinity, Inc. He has been a Research Fellow at the Independent Institute, and he is the author of the books:
He co-founded PayPal in 1998, led it as CEO, and in 2002 sold it to eBay and founded Clarium Capital Management, a global macro fund. In 2004 he made the first outside investment in Facebook, where he serves as a director. The same year he co-founded Palantir Technologies, a software company that harnesses computers to empower human analysts in fields like security and global finance. He has provided early funding for LinkedIn, Yelp, RoboteX, Spotify, and dozens of successful technology startups. He is a co-founder and partner at Founders Fund, a venture capital firm that has funded companies like SpaceX and Airbnb. And in 2012 he co-founded Mithril Capital Management, an international technology investment fund.
Mr. Thiel started the Thiel Fellowship, which ignited a national debate by encouraging young people to put learning before schooling, and he leads the Thiel Foundation, which works to advance technological progress and long-term thinking about the future. He graduated Phi Beta Kappa from Stanford University, where he received an A.B. in philosophy and a J.D. from the Stanford University School of Law. He further co-produced the film, "Thank You for Smoking," he was rated a master by the United States Chess Federation, and he received the Innovation Award from "The Economist" in 2010.
At this Policy Forum, Independent Institute Senior Fellow Alvaro Vargas Llosa, former Bolivian President Jorge Quiroga, economist William Easterly, and a group of policy experts discuss the findings of the book, Lessons from the Poor. The speakers examine real-world examples of entrepreneurship and why instead of redistributing existing wealth, governments should free people so that they can create it.
Richard K. Vedder and Ken Jacobs debate whether the rise of Walmart and similar big box retailers have been beneficial or harmful to the US economy.
Richard K. Vedder is Senior Fellow at The Independent Institute and Edwin and Ruth Kennedy Distinguished Professor of Economics and Faculty Associate, Contemporary History Institute, Ohio University. Professor Vedder is co-author (with Lowell Gallaway) of The Independent Institute book, "Out of Work," the recipient of both the Sir Antony Fisher International Memorial Award and Mencken Award Finalist for Best Book, and the Institute monograph, Can Teachers Own Their Own Schools?
Ken Jacobs is Chair of the U.C. Berkeley Labor Center, and a former member of the Mayors Universal Health Care Council in San Francisco. He is the Co-author od Declining Job-Based Health Coverage for Working Families in California and the United States, and Hidden Costs of Wal-Mart Jobs.
David J. Theroux is Founder, President and Chief Executive Officer of The Independent Institute and Publisher of The Independent Review.
Why has Africa, despite its rich history, cultures, and abundant resources, largely remained in the grip of dictatorship, starvation, genocide and war? How can this tragic legacy of colonialism, socialism, and plutocracy be replaced with the welfare of economic liberalization, individual rights, and the Rule of Law? Based on his new book, "Africa in Chaos," award-winning economist George Ayittey will examine the record of American statism and the revolution for free-market societies.
George B. N. Ayittey
Professor of Economics, American University
Author, Africa in Chaos and Africa Betrayed
David J. Theroux
Founder and President, The Independent Institute
Change is today's constant in any industry you can name. Half of the Fortune 500 companies in 1980 fell off the list by 1990, and the trend is accelerating. And although during this period American business as a whole created 20 million new jobs, the Fortune 500 lost over 3 million jobs. Today's global marketplace is demanding radical business change to survive.
Ten years after his landmark book, In Search of Excellence, Tom Peters will draw upon his newest book, Liberation Management, to direct business toward this revolutionary restructuring. Any business firm must increasingly be in the knowledge extraction, integration, and application business. Today's biggest companies are dismembering themselves, voluntarily, in record numbers in order to compete. Management is flattening organizations, linking everyone into every function and then directly to the consumer. In his presentation, Tom Peters will show why centralized bureaurcarcies can no longer excell. The new "knowledge workers" must be "liberated" to operated in fast, non-bureaucratic, information-networking teams. Workers must become self-starters with employers facilitating the new entrepreneurship. Business Strategy will be conducted by moderate-size, highly accaountable, units that are very, very close to the marketplace. And through this "marketizing of the firm," governement bureaucracies must be curtailed in their constraints on entrepreneurship.
From computers to chemicals, railroads to financial services, farming to telecommunications, the old structures are crumbling as the biggest shift since the Industrial Revolution continues apace. And those who adapt will see a new era of prosperity.