The solution is very simple: bigger government. We have been tricked over the past 40 years into accepting that “small government” is a valid policy objective.

The solution is very simple: bigger government. We have been tricked over the past 40 years into accepting that “small government” is a valid policy objective. Solving the big problems and creating big innovation in the 20th century came from a comparatively big government, the private sector was more about commercialisation than innovation and still is.