[ExI] Private and government R&D [was Health care in the USA]

[Stefano Vaj]

On Mon, Jun 29, 2009 at 4:19 PM, Stathis Papaioannou<stathisp at gmail.com> wrote:
> 2009/6/29 Max More <max at maxmore.com>:
> There is exceptional private research done by the likes of IBM and
> Bell Labs, and corporations also do fund some university research, but
> this is not investment justified on the basis of its likelihood to
> yield a profit. It is more like donating to charity, whether for the
> positive publicity thus generated or out of a sense of civic duty.

In fact, I suspect that here societal values trump once more on
politics and economics: the same cultural environment which makes
supporting fundamental research convenient and profitable for a
politician or a statesman,  also make doing the same (albeit,
supposedly, on a smaller scale) good PR for the private sector...

What seems sure enough is that the "market", per se, does not
guarantee anything of that.

-- 
Stefano Vaj