Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Sub-Driver
“In general, the world under funds research because the person who takes the risk of doing the research doesn’t capture the full benefit of having done it and so you know, capitalism does amazing things but it has one systemic problem in terms of research that it won’t do enough,” Gates said at the mHealth summit in Washington on Tuesday.

The "systemic problem" is that there is too much government interference which CAUSES the lack of benefit accruing to the risk-takers. Government is the cause of the systemic problems, not the solution.

23 posted on 11/10/2010 12:20:13 PM PST by VRWCmember (Jesus called us to be Salt and Light, not Vinegar and Water.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: VRWCmember

Exactly, I’m surprised more here didn’t pick up on that point. If the Government would enforce laws fairly, and not confiscate the wealth of those “risk takers”, there would be more research and innovation.


41 posted on 11/10/2010 12:27:03 PM PST by Hurricane Andrew (History teaches that wars begin when governments believe the price of aggression is cheap.)
[ Post Reply | Private Reply | To 23 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson