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The Economic Laws of Scientific Research
by Terence Kealey
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The Economic Laws of Scientific Research Terence Kealey The Economic Laws of Scientific Research is essentially a manifesto making a case for a reordering of the scientifictechnological apparatus of the modern world from one that has a mix of governmentprivate sponsorship and funding to one that is largely if not entirely a private enterprise The Economic Laws of Scientific Research The Economic Laws of Scientific Research is essentially a manifesto making a case for a reordering of the scientifictechnological apparatus of the modern world from one that has a mix of governmentprivate sponsorship and funding to one that is largely if not entirely a private enterprise Terence Kealey The Economic Laws of Scientific Research REVIEW OF KEALEY’S THE ECONOMIC LAWS OF SCIENTIFIC RESEARCH 91 In India as in China tens of thousands of peasants could for centuries be regimented into complex collective efforts dams could be built as could canals roads forts or temples But for generations the same dams canals roads forts or temples were built The Economic Laws of Scientific Research by Terence Kealey The Economic Laws of Scientific Research also obliterates the “market failure” argument used to justify government intervention There is no defect in the market for scientific information that requires us to tax the populace send money off to Washington and then rely on bureaucratic granting agencies to make the optimal use of it by shipping it off to scientists who want support The Economic Laws of Scientific Research by Terence Kealey The Economic Laws of Scientific Research is a wide ranging and ambitious book but Kealey is up to the challenge The book addresses a few fundamental questions about scientific research The book addresses a few fundamental questions about scientific research The Economic Laws of Scientific Research Terence Kealey The purpose of this book is to assess the myth that governmentfunded science works economically Supported by historical argument and international contemporary comparison Terence Kealey argues that the free market approach rather that of state funding has proved by far the most successful in stimulating science and innovation The Economic Laws of Scientific Research Terence Kealey The Economic Laws of Scientific Research The purpose of this book is to assess the myth that governmentfunded science works economically Supported by historical argument and international contemporary comparison Terence Kealey argues that the free market approach rather that of state funding has proved by far the most successful in stimulating science and innovation The economic laws of scientific research Book 1996 Get this from a library The economic laws of scientific research Terence Kealey During the 1980s Terence Kealey was universally derided for his claims that British and American science were expanding fast Everyone else thought that they were in decline He has been vindicated The Economic Laws of Scientific Research The BMJ Terence Kealey Macmillan £1599 pp 382 ISBN 0 333 65755 1 Kealey believes that Britain has too many scientists that the state should not finance scientific research other than for military purposes and that if the state withdraws then this will release money in the form of tax cuts allowing private industry or charities to step into the gap
