Simeon Hyman
speaker
220 appearances
1 recordings
1 series
first heard Jul 2026
last heard 17 Jul
Simeon Hyman’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
But the impact on the broader economy and efficiencies that are driving broader economic growth.
This whole idea that Warsh is testifying in front of Congress and we're all trying to figure out, is there a productivity thing happening?
Is it about to happen?
Are we going to be able to get GDP growth a little bit higher?
It's amazing how...
You know, like a half a percent of GDP growth is massive compounding.
So you don't need a lot to come from this for the whole economy to be dragged along with it.
But in the meantime, some of these individual companies are going to have opportunities to really capitalize on some disruptions.
Well, the bringing down the cost.
So it was the willingness of the entrepreneurial spirit to look at this and say, hey, I can do this more efficiently than the government has been doing this.
And that's what happened.
I mean, the cost per payload is dramatically lower.
Yeah.
Ultimately, you can be a purist about this and kind of a libertarian and think that markets can achieve everything without any government involvement.
And then you sit there and go, wait a minute, they have to be police, they have to be firemen.
They have to be roads.
So could this have all gotten started without the government in the 50s and the 60s and the 70s and 80s?
Probably not.
But we're at a point in evolution where absolutely the entrepreneurial spirit is achieving things in this space that government alone would not have.
I completely agree.
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