Tuesday, May 26, 2009

How premature regulation can kill innovation.

Another area that Obama will be looking to regulate I am sure. How do dolts in government know what is good for the market?

From Nanowerk

A majority of the jurisdictions examined have additionally issued policy statements on nanotechnology regulation. Pelley and Saner argue that these statements are designed to serve a dual purpose: "On one hand, they signal to industry that the jurisdiction in question is committed to the continued development of nanotechnology, and that it is therefore safe for companies to invest in that jurisdiction. On the other hand, they signal to consumers that jurisdictional governments are committed to ensuring the continued health and safety of its citizens and of the environment."

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