How to Stop Wasting Money on Science. Any particular discovery may benefit others more than the discoverer, yet over a period of time, with enough pieces of information being pooled, chance will ensure that the advantages are distributed between all players p.
Since the book is absolutely amazing, I assume the talk is too. Kealey's book, if I remember it well, completely demolishes a role for government in innovation. It is no accident that the Royal Society was founded by Freemasons and modelled on Masonic prescriptions p.
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Shelves: scienceeconomics. Its message deserves to be heard and debated. John Bourn rated it it was ok Jul 11, Thomas rated it liked it Jun 21, Sort order.
This is a good video where the author argues "that not only is government funding not beneficial, but in fact measurably obstructs scientific progress. Human beings were very inventive when the animals started to run out, but much less so during the era of antique empires - the Romans, Egyptians and so on.
Your email address will not be published. Thomas rated it liked it Jun 21, To pigeonhole, the author is a minarcho-libertarian.
Error rating book. Anyway, I'm keen to read and review at one go all authors who have an explanation for innovation that goes beyond the "Walrasian" framework competitive general equilibrium. Start your review of Sex, Science and Profits. Peter rated it it was amazing Mar 15, Books by Terence Kealey.
And then it starts getting worse, in ways we can't control.