"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Let the Market, Not the State, Invest in New Technologies
Submitted by Westernerd on Sat, 2012-01-21 04:00
"In free-market economies, decisions about whether to invest in a technology or an industry are made by market actors with private capital. The promise of profit induces investment in promising ventures and the sting of loss penalizes those investments that turn out to be misguided."
0
Your rating: None
- Login to post comments
User Login
Search This Site
Recent comments
-
https://www.infowars.com/posts/alert-col-macgregor-warns-dem...1 week 6 days ago
-
And of course, both of the author/commentators are Jews. No...2 weeks 1 day ago
-
Surprised to see Switzerland at only 32/100. Would've be...3 weeks 5 days ago
-
https://www.infowars.com/posts/johns-hopkins-says-gun-contro...8 weeks 1 day ago
-
An early Christmas present, it seems -- here, some 17 years...12 weeks 2 days ago
-
Never Forget Building 7: https://www.infowars.com/pos...27 weeks 9 hours ago
-
Straight out of the communist playbook, as per Saul Alinsky...45 weeks 6 days ago
-
It's certainly a step in the right direction.1 year 1 week ago
-
They may be in control of someone else. But they are NOT in...1 year 2 weeks ago
-
More prescient than one would have realized after the experi...1 year 2 weeks ago
more