Posted on 06/08/2005 1:01:42 AM PDT by JohnHuang2
In real life, money follows results. When an inventor creates a useful product, investors find him, market the product and sell it. There's no need for the federal government to get involved. In fact, federal involvement usually means an approach has failed. Farmers demand subsidies, for example, when they can no longer profitably sell their crops. And some manufacturers, faced with less expensive products from overseas, demand protective tariffs. This principle helps illuminate the ongoing debate over federal funding for embryonic stem cells to treat and cure disease. Researchers would harvest these cells from human embryos for medical treatment, destroying the embryos in the process. Despite serious ethical misgivings, some in Congress want taxpayers to spend money on it. But, at a recent panel at the Heritage Foundation, Dr. Kelly Hollowell, a molecular and cellular pharmacologist, noted that, despite widespread media hype over embryonic stem-cell research, it hasn't attracted significant private investment.
(Excerpt) Read more at washtimes.com ...
I wonder how many other research projects one could say this about? I bet quite a lot, if not all of them!
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