I have zero issue with any energy source that produces enough electrical power 
and is not too costly. I do have real problems when people advocate technology 
which cannot, this day, supply enough energy. The grande prize is just 
incentive, great incentive, to produce a new energy source, a medical 
treatment, a means of earth transport, a spectacularly, successful spacecraft. 
I am just guessing that the prize thing may be a better motivator then just a 
grant. This holds true if you really want results or not? But if you can 
deliver these goodies the old fashioned way, then, I say, Rock on.


-----Original Message-----
From: LizR <lizj...@gmail.com>
To: everything-list <everything-list@googlegroups.com>
Sent: Sat, Nov 9, 2013 11:17 pm
Subject: Re: Our Demon-Haunted World


The rich get richer via the stock exchange and similar financial institutions. 
This is done with software nowadays - a thousandth of  a second delay in 
investing can mean the difference between accumulating and losing. This doesn't 
actually produce improvements in anything (except financial modelling 
software). It's a cloud of abstract numbers spiralling off into never never 
land with no connection to producing anything useful.




On 10 November 2013 12:20, meekerdb <meeke...@verizon.net> wrote:

On 11/9/2013 2:49 PM, spudboy...@aol.com wrote:

Yes, Jesse, I do buy into that arguement. If you permit me, I will exclude 
DailyKos Kos Kids from your evidence, as the are far from a disinterested party 
in this matter. Whatever the politics, whatever the polemics, a technology has 
to do this, be successful. If solar is always just a fraction of the world's 
energy, despite decades and bilions, then I have some problem with proposing 
it. 



"If", but then you draw conclusions as if you had stated a fact. Decades after 
oil was discovered it too only supplied a fraction of the world's energy.



Or a successful solar tech, that powers all human activity, forever, may be 200 
years away, for some unknown reason. 



What's your point - that you can imagine some insuperable problem with solar 
power?  The Sun might stop shining?  What about not nearly so speculative 
exhaustion of easily extracted fossil fuel? What if fossil fuel runs out?  What 
if it makes large areas of the earth uninhabitably hot and dry.



What should we do until that glorious day? We can say exactly, the same with 
fusion. Tax payer subsudies are fine, if they work. But I surmise these 
companies live for the subsidies, and not the big win in the market place. 



You surmise whatever fits your prejudice.



Hence, my alternative of a grand prize to spur innovation, and win a giant 
profit that will wipe out an investors debts. I say we as a society have waited 
way too long, doing things the Statist way, lets let innovatoes, innovate, for 
the reward of an  avalanche of  prize money, plus tons of profits. I sense we 
are standing still, otherwise. 



And where are the great entrepreneurial advances of the past?  Did private 
investors invent nuclear power, space flight, GPS, the internet, vaccinations, 
the Panama Canal, interstate highways.  Free market capitalism is great for 
some things, but it's not going to invest in developing stuff with a 20yr 
horizon for return.

Brent


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