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How would this work in practice? Maybe some form of corporate patronage, like Facebook and Stripe did in this story, and giving the inventor a generous slice o
by patrickk 12y ago
How would this work in practice?
Maybe some form of corporate patronage, like Facebook and Stripe did in this story, and giving the inventor a generous slice of the returns from the invention (I can imagine several downsides to this too, of course):
https://news.ycombinator.com/item?id=9003791 https://news.ycombinator.com/item?id=9003791
- JDiculous 12y agoThe problem is that investments in the future and public goods will always be unfunded in a free market capitalist economy due mainly to the free-rider problem. Fixing it would have to involve the government (or a government-like entity) subsidizing these projects. Of course care would have to be taken to make sure this money is properly allocated, the incentives are properly aligned, etc.