Do businesses actually innovate new technologies?

[ksen]

cool point bro

 

[Nice Squirrel]

Nope, innovation wouldn't go away, it would just change to different things. Might be a lot better than the innovation that goes into coming up with new ways to kill people.

Not just killing people, but saving lives and all the strategic needs of an effective military.

I am not the one praising the innovation of government. So is the money we spent on military worth the innovation that we've gotten from it?

Yep.
Of the top of my head, we have things like:

Computers
Satellites
GPS
Heat resistant armor
Penicillin
Jet propulsion
Chain saws
The Theory of Evolution (and countless scientific discoveries)
Cellular communication
Meteorology

Shall I look up some more?

 

[coloradoatheist]

Nope, innovation wouldn't go away, it would just change to different things. Might be a lot better than the innovation that goes into coming up with new ways to kill people.

Not just killing people, but saving lives and all the strategic needs of an effective military.

I am not the one praising the innovation of government. So is the money we spent on military worth the innovation that we've gotten from it?

Yep.
Of the top of my head, we have things like:

Computers
Satellites
GPS
Heat resistant armor
Penicillin
Jet propulsion
Chain saws
The Theory of Evolution (and countless scientific discoveries)
Cellular communication
Meteorology

Shall I look up some more?

Didn't answer the question. Are the innovations we get from it worth the amount of money that we have put forth to get those innovations?

 

[Nice Squirrel]

Nope, innovation wouldn't go away, it would just change to different things. Might be a lot better than the innovation that goes into coming up with new ways to kill people.

Not just killing people, but saving lives and all the strategic needs of an effective military.

I am not the one praising the innovation of government. So is the money we spent on military worth the innovation that we've gotten from it?

Yep.

*snip elaboration*

Didn't answer the question. Are the innovations we get from it worth the amount of money that we have put forth to get those innovations?

I will repeat: Yes.

 

[coloradoatheist]

Nope, innovation wouldn't go away, it would just change to different things. Might be a lot better than the innovation that goes into coming up with new ways to kill people.

Not just killing people, but saving lives and all the strategic needs of an effective military.

I am not the one praising the innovation of government. So is the money we spent on military worth the innovation that we've gotten from it?

Yep.

*snip elaboration*

Didn't answer the question. Are the innovations we get from it worth the amount of money that we have put forth to get those innovations?

I will repeat: Yes.

Sorry, re-read and missed it. And I think it's a very inefficient many to get the innovations, it costa a lot of lives and resources that could be directed elsewhere.

 

[coloradoatheist]

A better written article

http://www.mises.org/journals/fm/March2013.pdf

 

[Keith&Co.]

Sorry, re-read and missed it. And I think it's a very inefficient many to get the innovations, it costa a lot of lives and resources that could be directed elsewhere.

The GPS system was developed during peacetime, if i recall the article correctly. it was envisioned as, among other things, a way to better sight artillery support. To make a strike more surgical, fewer bystanders, less friendly fire. even better than laser-guided bombs.
But i'm not sure how many lives were lost in developing the capabilities. Funding was provided for the military applications because the military had the budget, and a need, and several ways to use the system.

I'm not sure how you'd calculate the worth/benefit. How many jobs have been created to take advantage of that system? Making the GPS dashboard systems, and the mounts, and doing the celebrity voices to say 'Turn Here, Sucker!'.... Where would you say it wasn't worth X bucks to get Y jobs, Z sales, AA copmanies...?

 

[Loren Pechtel]

Nope, innovation wouldn't go away, it would just change to different things. Might be a lot better than the innovation that goes into coming up with new ways to kill people.

Not just killing people, but saving lives and all the strategic needs of an effective military.

I am not the one praising the innovation of government. So is the money we spent on military worth the innovation that we've gotten from it?

Yep.
Of the top of my head, we have things like:

Computers
Satellites
GPS
Heat resistant armor
Penicillin
Jet propulsion
Chain saws
The Theory of Evolution (and countless scientific discoveries)
Cellular communication
Meteorology

Shall I look up some more?

How are you saying all of these came from military research?

Penicillin took off for military reasons, it wasn't military R&D, though.
I really don't see how the Theory of Evolution belongs on this list.

 

[Nice Squirrel]

Nope, innovation wouldn't go away, it would just change to different things. Might be a lot better than the innovation that goes into coming up with new ways to kill people.

Not just killing people, but saving lives and all the strategic needs of an effective military.

I am not the one praising the innovation of government. So is the money we spent on military worth the innovation that we've gotten from it?

Yep.
Of the top of my head, we have things like:

Computers
Satellites
GPS
Heat resistant armor
Penicillin
Jet propulsion
Chain saws
The Theory of Evolution (and countless scientific discoveries)
Cellular communication
Meteorology

Shall I look up some more?

How are you saying all of these came from military research?

Penicillin took off for military reasons, it wasn't military R&D, though.
I really don't see how the Theory of Evolution belongs on this list.

There was no stipulation that it be solely 100% military. The Beagle was on an intelligence gathering mission and was a warship.

 

[Togo]

And most of the empirical observations were done by the military governor of the Galapagos.

 

[ksen]

A better written article

http://www.mises.org/journals/fm/March2013.pdf

lol

 

[Nice Squirrel]

A better written article

http://www.mises.org/journals/fm/March2013.pdf

lol

Why do people even bother with the Mises Institute? I mean if you want to call Capitalism a religion, "Mises" is akin to "Answers in Genesis".

 

[coloradoatheist]

A better written article

http://www.mises.org/journals/fm/March2013.pdf

lol

Why do people even bother with the Mises Institute? I mean if you want to call Capitalism a religion, "Mises" is akin to "Answers in Genesis".

Because they are the group concerned enough to write a piece about it. And there are groups on the other side about it. With the issue at hand there is no way to make it definitive either way without making a worm hole and finding the universe that did it the other way.

 

[Nice Squirrel]

A better written article

http://www.mises.org/journals/fm/March2013.pdf

lol

Why do people even bother with the Mises Institute? I mean if you want to call Capitalism a religion, "Mises" is akin to "Answers in Genesis".

Because they are the group concerned enough to write a piece about it. And there are groups on the other side about it. With the issue at hand there is no way to make it definitive either way without making a worm hole and finding the universe that did it the other way.

Well when the Austrians begin to look at reality using hard empirical data instead of thought exercises maybe we can take them seriously.

 

[ksen]

The Austrian system is beautiful.

First you just have to assume the Austrianism is right and everything else just falls into place.

 

[untermensche]

Nope, innovation wouldn't go away, it would just change to different things. Might be a lot better than the innovation that goes into coming up with new ways to kill people.

By trying to kill people we developed communications satellites and communications technology which enabled modern smart phones. Trying to kill people helped develop the airlines industry, the computer industry, and many other industries that have nothing to do with killing people.

But if all this new innovation would occur without government support why isn't it occurring already? Why does government spending on research stop companies from doing their own research?

 

[ksen]

It's the crowding out effect or something.

Also you forgot to mention radar and sonar.

 

[untermensche]

It's the crowding out effect or something.

Also you forgot to mention radar and sonar.

Actually a company already doing research because of government spending would have an easier time doing additional research than a company not getting any money from the government.

They already have the labs and the computers and other logistical support, the economy of scale. They would need more people but they would need to find people anyway.

 

[coloradoatheist]

Nope, innovation wouldn't go away, it would just change to different things. Might be a lot better than the innovation that goes into coming up with new ways to kill people.

By trying to kill people we developed communications satellites and communications technology which enabled modern smart phones. Trying to kill people helped develop the airlines industry, the computer industry, and many other industries that have nothing to do with killing people.

But if all this new innovation would occur without government support why isn't it occurring already? Why does government spending on research stop companies from doing their own research?

Some of it's crowd sourcing. But you are also dismissing any research or innovation done by companies. Google has created self-driving cars. Google maps has brought the innovation down to ordinary people. Facebook is doing facial recognition on photos.

 

[ksen]

No government spending creating the internet and satellite/GPS technology and no Google or Google smart cars.