Thursday, May 22, 2008

Thomas Friedman thinks the government should drive innovation

From NYT.

The failure of Mr. Bush to fully mobilize the most powerful innovation engine in the world — the U.S. economy — to produce a scalable alternative to oil has helped to fuel the rise of a collection of petro-authoritarian states — from Russia to Venezuela to Iran — that are reshaping global politics in their own image.

Dude, last time I checked we have market based economy that allocates captial to research and development very efficiently! We have billions pouring into all sorts of private alternative energy projects. Why does the government have to do this?

Sounds like you have an alternative agenda.

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