[ExI] Private and government R&D
stathisp at gmail.com
Tue Jun 30 14:09:56 UTC 2009
2009/6/30 Dan <dan_ust at yahoo.com>:
> If your taxes were a lot lower -- let's say the governments of the world stop funding all R&D and lower the taxes of everyone in proportion to that -- would you not donate any of it to R&D? I know I would. Would it be impossible for a bunch of likeminded people, in such dire circumstances, to pool their money and resources together to fund R&D? I know I would pool mine with others -- as I already do for some projects and research. (Granted, I'm not the Ford Foundation or Rand Corporation, but, then again, about 40% of my income goes to the government.)
I would vote for my taxes to be higher so that I and everyone else
could contribute to useful government projects, such as science,
health and education, but if my taxes were lower I wouldn't
voluntarily contribute to these projects myself.
We potentially have this situation: 100% of the population is be
willing to be taxed for a particular project on the understanding that
everyone else will also be taxed, but 0% of the population is willing
to contribute to the project voluntarily if they know that no-one else
need contribute. Therefore, a project that everyone supports and is
happy to pay for is never undertaken.
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