Posted by: Anonymous Coward
on July 26, 2002 05:53 AM
Prizes and foundations are OK but they have limited reach... you can't fund a whole industry that way.
There's one key observation that Adam Smith nailed in 1776, and has confounded attempts to push it aside by many impressively bright and energetic people since: capitalism is ultimately the best way to match consumers with suppliers, and to create new markets and inventions.
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Re:A Simple Solution?
Posted by: Anonymous Coward on July 26, 2002 05:53 AMThere's one key observation that Adam Smith nailed in 1776, and has confounded attempts to push it aside by many impressively bright and energetic people since: capitalism is ultimately the best way to match consumers with suppliers, and to create new markets and inventions.
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