Re: ECON: Private Research Dollars

Chris R. Tame (
Thu, 29 Jan 1998 01:39:12 +0000

In message <>, Warrl kyree
Tale'sedrin <> writes
>> From: "Geoff Smith" <>
>> Could someone please give me some good examples of how private scientific
>> research is "better"(interpret that as you will) than public research. I
>> am presently involved in a debate with my university peers and professors,
>> and I need some more ammunition.

You might also want to check out Terence Kealy's The Economic Laws of
Scientific Research, Macmillan, London, 1996. He's a libertarian and
occasional LA subscriber, although I haven't read it yet so don't know
precisely how relevant it is to your question.

Some related works would also be:
John Baker, Science & the Planned State, George allen & Unwin, London,
1942/Macmillan, London, 1945
The Freedom of Science, Arno Press, New York, 1975 (A compilation of the
previous title and another work).
Baker was a great classical liberal opponent of the Marxist "planned
science" movement of the 30s/40s.

Check out also:
Yale Brozen, "The Role of Government in Reserach & Development",
American Behavioural Scientist, 1962
John Jewkes, "How Much Science?", The Advancement of Science, No. 62,
September 1959
Idem, et al, The Sources of Invention, Macmillan, London, 1958

There is a considerable literature in economics dealing with the
question of the virtues and alleged limits of privately funded research
versus state funded. Unfortunately I haven't yet inputted this into my
persoanl bibliographies. A good serach through the major economics
journals should turn up it up for you.

How about posting your findings to this group?

Chris R. Tame, Director                 
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