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wacki,

I agree with you completely. Academia-centered research is an area that is often gnored by free market advocates, despite the fact that results seem to historically be pretty good.

I'm simply saying that even if that weren't the case, wealth efficiency isn't the be all and end all of life.

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Why do you think academic research is incompatible with a free market?

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Who says I do?

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You said this:

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Academia-centered research is an area that is often gnored by free market advocates

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I'm not sure if this means they don't talk about it a lot or if you think they don't want to see it at all. But either way, a free market does not prevent academic research. So the constant talk about how "profit motive isn't good at incentivizing XYZ, therefore freemarket = fail" is fallacious.

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Currently, it is largely government funded. So, government funded research has done good things. Unless this stops tomorrow, I suspect government funded research will continue to produce good things.

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Goof from some subjective opinions, and ignoring opportunity costs.