You can rebuild an Army from a small core. You can rebuild a Navy and Air Force. Benefits cuts have positive effects on incentives, as well as the more obvious negative effects. But the science budgets should be maintained. It’s short-sighted to cut an area where Britain retains a comparative advantage, and one where private industry and charity cannot mobilise the resources neccessary.
The UK still has world-class universities, and punches well above its weight in pure science. Many of our leading companies have developed around these – Silicone fen in Cambridge for example where ARM develops the chips that power Apple and others.
Above all, it’s the long tradition of medical research, where state spending complements the tendency of the Pharmaceutical industry to seek solutions to the shrinking problems of Rich people, where state spending can have positive effects, not just for the British economy but for the good of the whole of mankind.
I’m not the kind of Libertarian who thinks all state spending is wasted. There are things the state can do where business and charity is limited. Much of the state support for science supports the globally important work of medical charities.This money is emphatically NOT wasted.
http://bracken.uk.com/wp-content/uploads/2017/07/logo-2.png00Malcolm Brackenhttp://bracken.uk.com/wp-content/uploads/2017/07/logo-2.pngMalcolm Bracken2013-06-01 12:44:002017-07-21 01:43:20One Cut I Don't Support