View Single Post
  #68  
Old 09-18-2011, 07:41 PM
Botnst's Avatar
Botnst Botnst is offline
Banned
 
Join Date: Jun 2003
Location: There castle.
Posts: 44,587
Quote:
Originally Posted by Billybob View Post
That's what we have capitalism for! People who think there is some value in "helping" a fledgling industry can take their own money pool it with other like minded people and risk it on the idea that at some point the market will develop and reward their foresight. Why should every taxpayer bear the brunt of confirming failures the market has already identified.
Yes.

The gov should say, "It would be nice if somebody invented a commercially competitive power source not dependent on petroleum." It should not say, "We need to subsidize the manufacture of solar panels by an American company".

Heck, I'd be okay with a substantial no-strings prize offering.
Reply With Quote