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To: FJB who wrote (3533)	3/13/2010 2:59:04 AM
From: Cogito	of 3618

>>In general, Sepp said, one-time prizes for specific results are better than grants because there's less likelihood of creating a permanent bureaucratic infrastructure that can keep generating liabilities for taxpayers.<< I'm a proponent of that idea. The government could offer one-time prizes for various things. This means that you aren't spending public money for anything but real results. Private money can finance the research, and if it fails, private investors take the loss. If it succeeds, the payoff is great, but the government has actually spent less money.

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