Re: Wages Vs Prices

On Sun, 01 May 2005 15:14:57 GMT, Les Cargill <lNOcargill@xxxxxxxxxxx>
wrote:

>royls@xxxxxxxxx wrote:
>
>> On Thu, 28 Apr 2005 02:06:40 GMT, Les Cargill <lNOcargill@xxxxxxxxxxx>
>> wrote:
>>
>>>royls@xxxxxxxxx wrote:
>>>
>>>>On Tue, 26 Apr 2005 04:03:40 GMT, Les Cargill <lNOcargill@xxxxxxxxxxx>
>>>>wrote:
>>>>
>>>>>The Trucker wrote:
>>>>>
>>>>>>Cures
>>>>>>for cancer and the like should be funded to the extent the tax
>>>>>>payers are willing to do so and the cost of such drugs should
>>>>>>be the production costs only. -- no patents.
>>>>>
>>>>>Then you'll attract precious little capital.
>>>>
>>>>Attracting capital is not the idea.
>>>
>>>It is if you want to attract people who've spent
>>>decades beyond high school becoming that caliber of
>>>research scientist.
>>
>> Nope. Flat wrong. It still isn't. People like that want to spend
>> their time with other top scientists, doing cutting edge research, not
>> with parasite IP lawyers, going over the details of patent
>> infringement cases.
>
>People generally want to get paid.

And your evidence that no scientist working on unpatentable research
has bever been paid is....?

Thought not.

>>>So what, it becomes "open source"?
>>
>> That's science. Duh.
>
>No, that's not particularly "science".

Yes, it most particularly _is_ science. Science requires research
findings to be publicly accessible.

>The Edison paradigm for technology development
>hasn't been much improved on, beyond
>integration into modern finance.

Maybe because the institutions it was designed to suit haven't been
much improved on?

>Um, anything worth doing is worth doing for
>money. The all but utter failure of "open
>source" as a business model proves it.

Garbage. That's like claiming the all but utter financial failure of
non-slave plantations in the antebellum South proved abolition of
slavery could not work.

>>>>Capital is attracted to profit opportunities. If people can be cured
>>>>of cancer by taking a single 10-cent pill, of course no capital is
>>>>going to be attracted. But make those pills cost $10 each, and reduce
>>>>the potency so you need a couple a day for a few years before your
>>>>cancer is cured, and suddenly, capital is going to be, like, _so_
>>>>attracted....
>>>
>>>Cancer is a Big Problem. The diseases cured by antibiotics
>>>were Big Problems, and antibiotics were considerably more
>>>than $0.10 pills. IOW, it Doesn't Seem Likely.
>>
>> With a rent-seeking model of medical science, it is Downright
>> Impossible.
>
>But that was the model under which antibiotics came.

?? Nope. Flat false. Penicillin was an entirely serendipitous
discovery. Most others were derived from government-funded research.

>>>The marginal
>>>utility of a cure for cancer is *considerably* more
>>>than a dime. The traffic'll bear it.
>>
>> So cancer patients should be robbed to support the lavish lifestyles
>> of rent seeking millionaire patent lawyers and pharmaceutical company
>> executives and shareholders???
>
>Cancer patients can certainly pay for treatment just
>like everybody else.

Treatment, yes. But not economic rent.

>But I suppose research scientists
>can work as greeters at Wally World to support the
>research. It's science! It's immune to the laws of
>economics.

No, but you certainly seem to be.

-- Ry L
.

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