Comment

Blades

266
Walter L. Newton9/04/2010 9:23:42 am PDT

re: #263 Obdicut

Nope.

No. But you have inadvertently hit on the exact reason why private industry doesn’t fund basic science research, and why it needs government funding. This research project may go nowhere. So may five other ones. Industry invests very little in basic science because it’s so unpredictable— and when you do make a breakthrough, it’s of benefit to the entire industry, not just you.

Which is why basic science needs public funding.

I’m happy to reap you accidentally stating the exact reason why basic science needs public funding, thanks.

Honest question… do the drug companies get public funding?