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What's the right way to account for opportunity costs? How do we know that $2 billion spent here is better than investing $100,000 in seed money for 20,000 sta
by GregBuchholz 16y ago
What's the right way to account for opportunity costs? How do we know that $2 billion spent here is better than investing $100,000 in seed money for 20,000 startups?
- secretasiandan 16y agoIf you question the government's ability to decide if it should go to hard science or 20K startups, then how can you trust their ability to choose which 20K startups? In general, if you don't trust the government's ability to make a decision, then how can you trust their ability to delegate those decisions? This is a decision in and of itself.
- juiceandjuice 16y agoRoom temperature superconductors are cooler (hah!) than 20,000 social networking photo apps.
- Stormbringer 16y agoSo you're saying that social networking is really hot right now? Thanks for the tip! ;-)