Originally posted by: Dissipate
Originally posted by: CanOWorms
Originally posted by: Dissipate
Originally posted by: RabidMongoose
Originally posted by: Dissipate
Originally posted by: conjur
Originally posted by: AcidicFury
Instead of focusing on the Middle East for oil, we should look to Russia. They have huge amounts of oil that can be sold and they need a lot more money than the House of Saud.
How about focusing on alternative fuels?
Think of how much we could have done with $150billion spent on alternative fuel research!
Government funded/administered scientific research is a crock. Scientific research is best done in the private sector in all cases. Think of how much could have been done with that $150 billion back in the pockets of the taxpayers.
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You're forgetting about NASA or groups funded by government money like university research and so on.
I would love it if the government spent more on resesarch. In fact, they need to spend more money on research.
Despite its incredible incompetence, NASA has a mystique even among those who generally scoff at State-sponsored truth. In reality, it is the largest obstacle to space exploration. It disadvantages the competing private sector by drawing on "free money." Of course, the money is not free, but stolen through taxes. Thus, companies and individuals are stripped of funds that could be directed into science they believed in. But individuals are not allowed to pursue private choices in science on the same level as they do with literature or music.
No I'm not
Government funded university research is in the same boat. I would love it if the government stopped spending money on research. In fact, they need to stop screwing up the free market in this critical sector of the economy.
You like a lot of other people, turn to the government for everything that you view to be "altruistic" like research & art. Somehow you believe that the private sector isn't doing enough in this area, that somehow the private sector "wastes" resources on other less important stuff. Truth is, the government is far more wasteful than the private sector could even dream of! Furthermore, government funded research is heavily tainted by political motivations, hardly a ripe environment for free-thinkers. I think you need to re-think your views.
The private sector in the US barely even puts R&D into long-term research. It's usually short-term.
If it wasn't for government research and defense & NASA industries, we'd be decades behind in certain industries. They've been critical in the acceleration of research and entire industries. As bad as it sounds to people like you, the US government has been responsible for much of the scientific advancement around the entire world.
Maybe it would put R&D into long-term research if the corporate tax rate wasn't 34%. Imagine that! In any event the type of research that is needed/desired most will receive the most funds. The government need not meddle with research in order to provide "long-term" research, if long-term research is needed and is profitable money will be invested in those projects.
Give me a few trillion dollars and I could do the same. You are missing the point, the claim is not that government research is no good at all (any more than the goods manufactured by communist russia were no good at all), the claim is that private sector research is far better. Specifically, the claims are as follows:
1. Government funded research distorts the free market by funding projects with "free money". A company that wants to compete is pushed out of the market because they have to actually show a profit. When a business faces a behemouth of a competitor who has virtually unlimited funds garnered by taxation, that business is bound to go out of business. This is somewhat analogous to public education. The demand for private education is artificially reduced by the "free" education offered by the government.
2. Government funded research is far less efficient than the free market, because government funded research lacks market signals which are imperative to efficiency. If no feedback is being sent indicating whether the research is of any value or not then who the hell knows whether or not a project needs more funding? They don't, being politicians they just assume that it does and throw more money at it.
3. Government funded research is subject to political motivations, political motivations kill ideas. A researcher could have a great idea but if it doesn't follow the government's guidelines, or if the idea doesn't coincide with the goals of the politicians, the researcher's idea will never see the light of day.