<html><body><div style="color:#000; background-color:#fff; font-family:times new roman, new york, times, serif;font-size:14pt"><div id="yiv1431688208"><div style="color: rgb(0, 0, 0); font-family: times new roman, new york, times, serif; font-size: 14pt; background-color: rgb(255, 255, 255);"><div id="yiv1431688208yui_3_2_0_18_131699034327979"><span id="yiv1431688208yui_3_2_0_18_131699034327957">Adrian Tymes wrote:</span></div><div><span id="yiv1431688208yui_3_2_0_18_131699034327968"></span> </div><div><span id="yiv1431688208yui_3_2_0_18_131699034327971">> Public funding is not literally taken at the point of a gun, ..."</span></div><div><span id="yiv1431688208yui_3_2_0_18_131699034327985"></span> </div><div id="yiv1431688208yui_3_2_0_18_131699034327995"><span id="yiv1431688208yui_3_2_0_18_131699034327988">Refuse to pay and you will see the guns which were always</span></div><div id="yiv1431688208yui_3_2_0_18_1316990343279115"><span
id="yiv1431688208yui_3_2_0_18_131699034327997">present.</span></div><div><span id="yiv1431688208yui_3_2_0_18_1316990343279117"></span> </div><div id="yiv1431688208yui_3_2_0_18_1316990343279120"><span id="yiv1431688208yui_3_2_0_18_1316990343279122"><span id="yiv1431688208yui_3_2_0_18_131699034327957">Adrian Tymes wrote:</span></span></div><div id="yiv1431688208yui_3_2_0_18_1316990343279102"> </div><div>> almost all long-term science investment (and the majority of </div><div>> investments that can rightfully be called 'science' have a </div><div>> long-term focus; ...only comes from institutions, such as </div><div>> governments, that care about long-term" is, I believe, a </div><div>> factually accurate statement."</div><div id="yiv1431688208yui_3_2_0_18_1316990343279142"> </div><div>Most all major advancements in science have come from</div><div>individuals or very small groups of people. Many of
these</div><div>scientists did work at universities. Hisotorically many</div><div>universities have been privately founded and funded.</div><div>There is no priority in assuming a government role in that</div><div>respect. Less and less private money goes into institutions</div><div>of higher learning today because government confiscates </div><div>it first then demands a role in education.<br><br><span id="yiv1431688208yui_3_2_0_18_1316990343279122"><span id="yiv1431688208yui_3_2_0_18_131699034327957">Adrian Tymes wrote:</span></span></div><div> </div><div>> Private money demands provable return on investment </div><div>> (and
specifically, return to the investor, not just society </div><div>> at large) - which basic science can, inherently, almost </div><div>> never offer.</div><div> </div><div>Wealhy people have a long history of investing in educational</div><div>institutions without a provable return on investment. You</div><div>seem to be confusing individual wealth with certain types</div><div>of corporate entities. Corporations often fund specific</div><div>research overlapping with longer term needs. Wealthy</div><div>individuals can do whatever they want with their money</div><div>left over after confiscation.<br></div><div><span id="yiv1431688208yui_3_2_0_18_1316990343279122"><span id="yiv1431688208yui_3_2_0_18_131699034327957">I wrote:</span></span></div><div><br>> Long term investment was common in freer economic times.</div><div> </div><div><span id="yiv1431688208yui_3_2_0_18_1316990343279122"><span
id="yiv1431688208yui_3_2_0_18_131699034327957">Adrian Tymes wrote:</span></span><br><br>> Actually, no, it wasn't. Depending on which times you mean, </div><div> </div><div>I mean economically freer times - the growth days of Scotland</div><div>and the US in the 1800's - 6% to 8% real growth year after</div><div>year, decade after decade. Real economic freedom has not existed</div><div>in the US for well over a century and certainly could have</div><div>been much better then.</div><div> </div><div>We should not settle for the crumbs we are being left with today.<var id="yui-ie-cursor"></var></div><div> </div><div>Dennis May</div></div></div></div></body></html>