From: T0Morrow@aol.com
Date: Mon Jun 09 1997 - 09:02:24 MDT
> >Does anyone have any figures describing where the money used to finance
> >all scientific research published in a year, in the US and other
countries?
> >What percentage of that money comes from private vs. gov't funds? What
> >happens if all of that gov't money goes away? Can strictly private
science
> >funding under anarcho-capitalism produce the swift scientific and
technical
> >advances so many of us here would like to see?
Check out Terence Kealy, The Economic Laws of Scientific Research, a book
which argues comprehensively that statist funding of basic research
accomplishes little. He demonstrates, inter alia, that the more than $20
billion in U.S. federal tax dollars spent since the end of World War II on
science and technology have had no net impact in increasing GDP in the U.S.
T.0. Morrow
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