Deconstructing the basic research objection - see here

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Wheylous Posted: Wed, Jun 20 2012 7:56 AM

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Apparently, Terence Kealey wrote a book called The Economic Laws of Scientific Research. It explains the relationship between government funding and science from a free-market perspective. I haven't found a link to the book online for free yet, but this claims to extract all the main arguments out:

http://www.the-rathouse.com/2010/Kealey-EconomicsofScience.html

I shall report back once I read more.

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Wheylous replied on Wed, Jun 20 2012 7:58 AM

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I read the short summary and I'm not too hot about the historicism used, but I suppose it's useful to combat claims of "the market has not historically funded science."

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John James replied on Wed, Jun 20 2012 5:03 PM

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The first mention of Kealey that actually registered with me was when this whiny baby was whining that the Mises Institute hadn't bought the rights to Kealey's book and made it available to him for free yet.

Interestingly enough though, he had already been brought up in a lot of places...

My own personal take on the economy as a "poor person" in America.

Chomsky on Ron Paul's libertarianism. How do I respond?

Please post your thoughts about Neil deGrasse Tyson's assertion that state funding is necessary for scientific progress

Innovation and R&D

The Libertarian Revolution: The Proletariat Revolution?

Why Modern Theoretical Physics Is A Lie

Question on the "Privatization of Roads"

The Assault on Logic

*** April 2012 low content thread ***

Investment in new technologies

Other threads:

Major inventions

Why the Future is Better Than You Think

The invention fo the internet

Main links for Kealey:

The Myth of Science as a Public Good  (Vimeo)

The Economic Laws of Scientific Research  (be sure to click there and request it be made available for Kindle)