9 ms·
One example of successful state investment doesn't really say anything about what the ideal level of overall state economic intervention is. Research spending l
by marcoperaza 11y ago
One example of successful state investment doesn't really say anything about what the ideal level of overall state economic intervention is. Research spending like DARPA isn't even representative of how Western governments regulate and tax.
- wpietri 11y agoBut one example does prove that a general rule like "state intervention on innovation is considered harmful" is too shallow to be useful.
- robotresearcher 11y agoIt's a pretty special example, and a perfect counterexample to a careless generalization.