Researchers from Switzerland authored a paper this
month that trashed Thiel´s moronic hypothesis according to which monopolies are
needed so companies are not worried about the competition and can focus in developing better products to their clients ! https://pacheco-torgal.blogspot.com/2020/04/vampiric-capitalism.html
The paper
published on the journal "Technological Forecasting and Social Change" concludes that: “Firms competing in larger
(international) markets produce higher quality inventions”
Probably Thiel´s economic knowledge is almost like
Trump´s knowledge on coronavirus as portrayed below by Chris Britt in Politico
