Tuesday, August 01, 2023

Cato Institute: Governments Should Not Fund Research

You got to love those terribly naive liberals at the Cato Institute!

Of course, government should be funding some research when necessary or when  important, but otherwise neglected etc. (e.g. some  basic research).

"... Many scientists (e.g., Michael Faraday) investigate for the joy of discovery, not to earn a financial return. Further, many esteemed inventors received no government funding, including Thomas Edison, Nikola Tesla, and the Wright brothers (who were competing with government funding to the Smithsonian Institution to develop aircraft). ..."

Governments Should Not Fund Research | Cato at Liberty Blog Privately Funded Research Is More Efficient

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