ClaimsPeter Thiel

“the wealth transfer apparatus never worked as advertised, so that the West’s wealth was largely squandered on white elephant projects”

Peter Thiel, essay author 2007 The Straussian Moment (gwern.net (PDF))

Factual Economics and markets

The postwar wealth transfer apparatus never worked as advertised, and Western wealth was largely squandered on white elephant projects.

Unresolvable The public record could not settle it.

Factual: Statements about the present or the past, checked against the record: did they hold up?

Reasoning

Evaluative sweeping judgment ('never worked as advertised', 'largely squandered') too vague to test.

Cite this claim

Peter Thiel, “The postwar wealth transfer apparatus never worked as advertised, and Western wealth was largely squandered on white elephant projects.” (said 2007). Verdict: unresolvable. Reliability API, claim c_09a4fa9786c7, method 0.1.0+3e03e2df, dataset release v1.1.2. https://epistacklabs.com/claims/c_09a4fa9786c7

This claim is in dataset release v1.1.2, with the same verdict.

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More factual claims by Peter Thiel

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    “But if tech means producing more with less, then we should be seeing dramatic economic progress, we don't.”

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  2. Mostly true Factual 8 October 2024
    “I tend to measure it in things like these economic terms in the way that the average millennial is having a tougher time than their boomer parents at the same point in life.”

    The average millennial is having a tougher time economically than their boomer parents did at the same point in life.

  3. Mostly true Factual 9 November 2022
    “California is not poor.”

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  4. Mostly true Factual 9 November 2022
    “The average California government worker gets paid twice as much as the average private sector worker in California.”

    The average California government worker is paid twice as much as the average private sector worker in California.

  5. Mostly true Factual 7 February 2020
    “We weren't deeply connected to the Soviet Union.”

    The US economy was not deeply connected to the Soviet Union's during the Cold War.

All of them

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