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Why have most successful entrepreneurial ideas failed to raise living standards?
- euroclydon 16y agoLiving standards are actually pretty high, at least in areas where education and political stability have allowed certain technologies to proliferate. Take Fluoride for example. The CDC says it's use in cavity prevention is "one of 10 great public health achievements of the 20th century." It's application was not developed as an entrepreneurial endeavor, but rather as part of NIH research. Before Fluoride, didn't people used to have their teeth rot out by age thirty? Not, I'll bet people who drink fluorinated water have most of their teeth for most of their lives.