The High Return on Investment for Publicly Funded Research
Center for American Progress | Sean Pool and Jennifer Erickson
“In order for the U.S. to maintain its role as an innovation-driven economy, “government must provide three key public-good inputs that allow innovation to blossom: investments in human capital, infrastructure, and research.” The authors cite and summarize the contributions of influential research funded by the U.S. Government through the Dept. of Energy Labs, The National Science Foundation, The Human Genome Project, The Defense Advanced Research Projects Agency and the Apollo Space Program.”
Debunking the Narrative of Silicon Valley’s Innovation Myth
Forbes | Bruce Upbin
“The real innovation engine in the global economy is not the entrepreneurial class blazing capitalist trails through the thicket of government red tape and taxation. No. The real engine of innovation is government.” Sussex University economist Mariana Mazzucato’s “case study for myth-debunking is the iPhone, that icon of American corporate innovation. Each of its core technologies–capacitive sensors, solid-state memory, the click wheel, GPS, internet, cellular communications, Siri, microchips, touchscreen—came from research efforts and funding support of the U.S. government and military. Did the public see an iPhone dividend? Not really.”
ATC privatization: a solution in search of a problem?
The Hill | September 30, 2016
“A key question should be, what improvements would U.S. ATC privatization set out to achieve? Surprisingly, proponents have not articulated any metrics on what would be achieved through privatization. Perhaps that is because there is no proof that privatization would either save operators money (one of Delta’s arguments) or reduce flight time and delays (which place a drag on the U.S. economy).”
Don’t Privatize Air Traffic Control
The New York Times – Editorial Board | February 15, 2016
“… there is no credible evidence that a privately operated system would be better than the current one, which is the busiest and safest in the world. And there is plenty of reason to believe it would be worse.”
“The privatization bill also gives short shrift to passengers’ interests. The new air traffic operator is to have a 13-member board of directors, with four of them representing airlines, three representing the owners and operators of private planes and one for aerospace manufacturers. Just two people would be appointed by the secretary of transportation to stand up for the public, with the other seats going to the chief executive and unions.”
“… Even more galling, the new company would not have to pay anything to acquire the towers, equipment and other assets of the existing system. The government has spent an estimated $53.5 billion on that system in just the last 20 years, with the money coming from passenger fees and tax revenue.”
Trump could privatize nation’s air traffic controllers
Reuters | December 8, 2016
“The chances that the federal government could hand off the U.S. air traffic control system to private management are increasing, say advocates who report they are getting supportive feedback from President-elect Donald Trump and his team.”
The Quiet Revolution and a Submerged Para-state
Public Goods Post
Under normal circumstance, it would be safe to assume that “public goods” are delivered by public agencies. But current circumstances are far from normal. Over the last several decades, more and more public goods have been delivered by a para-state, a privatized government virtually hidden from view. We taxpayers still pay, but our money goes to a growing army of corporations on the public payroll.
Private corporations operate programs, deliver services and even manage other contractors. Some citizens receiving public services encounter only private contract workers, so are unaware that they are receiving a government service. While some forms of contract procurement have been in place since the nation’s birth, the very nature of contracting has changed as it has grown in scope. Basic governmental functions are now outsourced to for-profit corporations. Read more…