This Blog Has Moved!

My blog has moved. Check out my new blog at realfreemarket.org.



Your Ad Here

Saturday, September 27, 2008

!Death OR !Taxes

A common saying is "Death and taxes are unavoidable." I predict that the final collapse of government will occur in 20-50 years. After that point, there won't be any taxes anymore.

If taxes are avoidable, that makes me wonder about death.

Currently, doctors and medical research are tightly controlled by the State. This severely limits the rate of progress of scientific/medical research. For example, the State essentially banned stem cell research, by saying that Federal grant money may not be used for stem cell research. All universities are dependent on State grants; if they performed stem cell research, they would be giving up *ALL* their government grants. Stem cell research has the potential to threaten the current business model for the pharmaceutical industry. Stem cell research might *GENUINELY* cure diseases, rather than leaving patients dependent on a drug for the rest of their life.

If all State restrictions on medicine are repealed, then what medical discoveries would there be? Is it possible that there's technology that will indefinitely extend a person's life, but State restrictions of the market prevent this technology from being discovered?

4 comments:

Anonymous said...

You seem to take the opinion here, that without the state, and specifically the grants of the state, there can be no research.

So, would you then say that as a goal, we should strive to subsidize all research?

What other areas of life are we missing? Where else the subsidy from the state will make our lives better? Where else we would have failed if not the state interference?

Anonymous said...

Please keep wondering, FSK. Please.

Anonymous said...

>>You seem to take the opinion here, that without the state, and specifically the grants of the state, there can be no research.

Umm, I'd try reading the article again. He's taking the opinion that the state hinders research. Without the state, there would be a significant increase in technology.

Anonymous said...

i really cant see the state collapsing in the next 20-50 years. looking at the current financial and political situation the state is getting stronger. in times of fear and uncertainty people flock to centralised structures, regardless of their effectiveness. From all observations i have made the state is getting more integrated into the lives of companies and people... the form of the state may change, but its presence will grow.

As for science research countries with strong state programmes on average out rank countries without in terms of R&D and commercialisation of discovery. science is a never ending maze of blind alleys, and it is especially true in medicine that the cost of research is growing exponentially. true, some of this increased cost is down to funding structure inefficiency, but most of it appears to stem from the increase in knowledge and consequent cost of building on that knowledge. commercial science may become less viable in the future as the capital risk grows relative to the return risk (note how many pharma companies have moved into generics - that the market at work!).

Even without the state 'tax' of some kind will exist - it is the friction of living with others, whether it is explicit or implicit, tax is here for as long as we are.

This Blog Has Moved!

My blog has moved. Check out my new blog at realfreemarket.org.