Tyler Cowen has separately observed that progress has stagnated and nukes have been stuck with 1950s era designs, without connecting the dots.<p>Explain: Why don't we have liquid sodium, thorium, or traveling wave reactors? Why don't we refine like the French? Why did we stop experimenting?<p>Often, tree huggers are blamed for nuke's decline.<p>Also true: nukes got stuck in amber. Suffered from their own goals. Early success locked in those early choices.<p>Enviros didn't shut down my state's nuclear power plants. <a href="https://en.wikipedia.org/wiki/WNP-3_and_WNP-5" rel="nofollow">https://en.wikipedia.org/wiki/WNP-3_and_WNP-5</a><p>Enviros didn't renege on cleaning up Hanford Nuclear Reservation. <a href="https://en.wikipedia.org/wiki/Hanford_Site" rel="nofollow">https://en.wikipedia.org/wiki/Hanford_Site</a><p>Something else happened. Something financial, <i>bureaucratic</i>, political, psychological, or whatever.<p>Both public capitalism (USSR) and hybrid private capitalism (USA) favored massive top-down initiatives. Too big to fail.<p>We should acknowledge this tendency towards winner-takes-all, in all systems, and then adapt.<p>One great recent contrasting example is NASA & SpaceX.<p>Musk makes great points about SpaceX's progress: NASA had plenty of smart people and could have done a lot more. However, NASA stopped innovating because they weren't allowed to fail. So these massive projects, like the Space Shuttle, <i>have</i> to succeed, no matter the cost, and are not allowed to revisit bygone choices and assumptions, not allowed to adopt state of the art.<p>Another great example is Operation Warp Speed wrt vaccines.<p>One critical success factor was the US Govt's <i>portfolio</i> strategy of placing multiple bets, increasing the likelihood of success. (Leveraging the math of NPV, as detailed in the book Design Rules: The Power of Modularity.) Versus other nations placed single big bets. With very mixed outcomes, sadly.<p>--<p>Also true: Easy wins are easily won.<p>Per Wright's Law, innovation and productivity progress may be proportional to investment.<p>But scholarship, our understanding of the world, seems to be punctuated equilibrium. Theories, ideas, metaphors, insights. This progress seems cyclic. Maybe because of Kuhn's structure of scientific revolutions, aka "science progresses one funeral at time".<p>Sometimes I wonder if we would have had feasible solar power sooner if Reagan had continued Carter's energy self-reliance efforts. (I don't even know how to factor in obstruction, like Big Oil lobbying against alteratives.)<p>Surely, the economics of solar panels would have slowly improved. But it seems the path towards today's boom relied on advances in material science. Maybe there were other paths we could have explored, I dunno.<p>--<p>I'm weirdly optimistic about our current times. Because of maths. Society is on the cusp of knowingly adopting risk management strategies. But unlike FDR's (necessary) New Deal strategy of trying everything, we have better tools for right sizing our bets.<p>--<p>Thanks for reading this far. I really don't know how to talk about this stuff, am struggling to gather and articulate my thoughts.