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Did the Military Build Silicon Valley?

Building Tomorrow

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Is Public Sector Spending Complementary to Private Efforts?

Economists have tried to figure out whether public sector spending is a necessary complement to private efforts. The patent system is an attempt to privatize the benefits of r and d, so that for a while, you have monopoly rights to the research - but it's an imperfect effort. But even with generalr and d spending, the results are still mixed. I tend to prefer the ones ar peis to kill oter people, exactathe.

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