by Matt Ridley
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Liberty is the parent of science and of virtue, and a nation will be great in both in proportion as it is free.
It is believed that the main source of innovation has been the government support of research, and that government should therefore adopt an industrial policy of directed innovation. This is a myth.
While it is not impossible that governments can aim for, create and perfect an innovation, it doesn't happen very often. Far more inventions and discoveries emerge by serendipity and the exchange of ideas.
Ideas are like rabbits. You get a couple and a learn how to handle them, and pretty soon you have a dozen.
When a new invention is first propounded in the beginning every man objects and the poor inventor runs the gauntloop of all petulant wits.
We wanted flying cars; instead we got 140 characters.
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