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80. Government Funding of Science with Terence Kealey

The Bitcoin Standard Podcast

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The Myth of Government Funding of Technology and Science in Japan

When i wrote that book in 19 96, it was very obvious. The facts were, japan cont all myths. In those days, was the only country, the only industrialized country in the world, where the government funded less than half of all academic science. And so in the end, what you have is a story that mitty,. as a very good ministry, had helped coordinate with the companies of japan what their needs were. So if this company said, look, we need protectionism. And of course, japan grew behind protectionism. No one ever talks about it now, but japan, like britain, like america, grew behind Protectionism.

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