This is a book whose contents should change people’s views of the state as a bureaucratic apparatus at odds with a dynamic private sector. State funding has allowed key research that provided the basis for the Internet, Microsoft Windows, Stealth Fighters, GPS, and the screens found on almost smartphones including those made by Apple.
And yet how do the private companies who benefit from this innovation reward the State for the risk they took in providing the funds for the research? By keeping the profits for themselves, socialising any losses they make, and evading the taxes they should pay. This doesn’t seem fair and isn’t fair, especially when Pharmaceutical companies benefit from state funding and then produce a drug, based on the state-funded research, which most taxpayers can’t afford.
One day, I hope a country implements the suggestins made in this book? Perhaps Finland or New Zealand already has as they seem ahead of most countries.
Julian Worker UK Blog 