There's a soft-libertarian guy who runs some private UK collage, who claims that public R&D (which would include defence) does nothing but crowd out private R&D

There's a soft-libertarian guy who runs some private UK collage, who claims that public R&D (which would include defence) does nothing but crowd out private R&D. If Bill Gates could have made more in a cushy job writing cruise missile code (or supervising contractors doing it) than running a scrappy little coding shop, he probably would have so. Edit - here he is: http://www.youtube.com/watch?v=C_PVI6V6o-4 http://www.youtube.com/watch?v=C_PVI6V6o-4