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That is indeed the libertarian argument against public spending on research and innovation. The book I linked to provides a compelling counterargument to it. I
by roughly 6y ago
That is indeed the libertarian argument against public spending on research and innovation. The book I linked to provides a compelling counterargument to it. I suggest you read it, if you're interested in this sort of thing, as it's a good read on the matter of public funding for innovation.