What We Need More of Is Science

I’m all in favor of this.

Increasing prosperity and longevity are mainly driven by scientific advance. Productivity enhancements within science increase the pace of discovery, which increases productivity enhancement generally, which increases the pace of productivity enhancement within science, which increases the pace of discovery, etc. The way scientific discovery, given the right kind of institutional-economic environment, be self-accelerating is, I think, underappreciated. And I suspect losses in prosperity and longevity from over-zealous IP protection may be underestimated.

[HT: Fat Knowledge]

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