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I guess my frame of context is, it's their money, and they can spend it however they may, but at least with this there is a chance of benefiting society as a wh
by binalpatel 10y ago
I guess my frame of context is, it's their money, and they can spend it however they may, but at least with this there is a chance of benefiting society as a whole.
While your example seems fitting at first glance, I don't really think it's relevant. This is private money spent on something that may be a public good, and in this case we do have a basis for saying that, yes, we can eradicate diseases, we've done it before and we're getting close again with others.
- gozur88 10y agoI'm not saying they shouldn't be allowed to spend the money. I'm a big property rights guy - if you have money and you want to make a hundred foot tall shrine to Elvis, knock yourself out. All I'm saying is you can end up wasting a lot of money by stretching for a goal that's too far ahead of current technology, and in that sense it might be a more efficient use of money to attempt something more near-term.