3 ms·
I guess the real question is if liberal governmental policies encourage innovation better than conservative ones.
by crawfordcomeaux 14y ago
I guess the real question is if liberal governmental policies encourage innovation better than conservative ones.
- slater 14y agoIf you take the somewhat cliché'd (but still true, imho) view of conservatives favoring protectionism of industries and large companies, causation/correlation notwithstanding, it would follow that there's less innovation because large companies are sluggish to innovate.
- bmelton 14y agoIf you take the alternate (but still true, imho) cliche of the burden of liberal taxation, it would follow that there's less innovation because it is harder for small companies to grow due to liquidity constraints imposed by tax burden.
- gyardley 14y agoIt's probably mixed. Lower taxation encourages the type of risk-taking that leads to innovation, but government spending on science and technology also leads to innovation. Silicon Valley, for what it's worth, was innovative long before it was a liberal bastion. And while the liberal bastion of Austin is booming these days, it's subject to the same rather conservative governmental policies as the rest of us in Texas.