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Frankly Fukuyama

Francis Fukuyama shares a few of the many things on his mind.

Facebook Sovereignty

Facebook Sovereignty

Neal Stephenson’s classic 1992 cyberpunk novel Snow Crash depicts a future United States in which all forms of hierarchical authority have collapsed and each suburban subdivision has become its own burbclave requiring visas and passports to enter. There is a character named Raven who is untouchable for crimes he

Francis Fukuyama
Infrastructure, Governance, and Trust

Infrastructure, Governance, and Trust

Before I get off the subject of infrastructure, I want to make a more general point about the nature of governance at this point in the 21st century, which has to do with social trust. I wrote a whole book on this subject back in the 1990s, but a lot

Francis Fukuyama
A Highway in Montenegro and the Struggle with China

A Highway in Montenegro and the Struggle with China

While we are on the subject of infrastructure, I want to take a moment to talk about how a highway in little Montenegro is playing out in the larger geopolitical struggle with China. Montenegro is the smallest country in the Balkans, with a population of just over 600,000. It

Francis Fukuyama
Building Infrastructure the American Way

Building Infrastructure the American Way

The chief problem with industrial policy, as I noted in my last post, is less economic than political: with the government handing out investment money, there is a big danger that it will be allocated not on the basis of likely economic returns, but as a form of patronage by

Francis Fukuyama
In Praise of Industrial Policy

In Praise of Industrial Policy

My friend Steve Rhoads, emeritus professor at the University of Virginia, will be publishing through Cambridge University Press a 35th anniversary edition of his 1984 book The Economist's View of the World. The book reviews and explains many of the fundamental concepts of modern neo-classical economics, like opportunity costs, marginalism,

Francis Fukuyama
Droning On in the Middle East

Droning On in the Middle East

Back in the early 2010s when I first started playing with drones, I speculated in the FT that if I could own a drone, anyone could, and that this would have big implications for global politics. At that time, drone technology was largely controlled by the U.S. and Israel,

Francis Fukuyama
Building a Rocker Bogie Rover

Building a Rocker Bogie Rover

When I moved from northern Virginia to Palo Alto in 2010, I very quickly got sucked into the Maker movement. At that time, drones were just coming into hobbyist use, and I wanted my own version of the Army’s RQ-11 Raven that could be assembled from a backpack and

Francis Fukuyama
Why Analog Is Better than Digital II: Losing Kodachrome
On Screen

Why Analog Is Better than Digital II: Losing Kodachrome

The other domain in which the shift from analog to digital was problematic is photography. The digitization of visual images brought many more advantages when compared to the digitization of music, not just in terms of convenience but in ultimate quality. There has been something of a revival of film

Francis Fukuyama