The Supreme Court’s decision that no company can patent genes but can patent its tests for genetic information is the tip of a large iceberg. We have gotten used to believing that the patent process is the only way that new drugs and treatments are developed, and that private industry is the only source of that work. Nothing could be further from the truth but the attack on government activity may make it true. Read the rest of this entry »
Let’s talk about some basics – the sources of American economic power.
- We were always an immigrant society, peopled with those who had the drive and courage to leave where they were, cross the ocean and begin again with nothing.
- Initially we were agricultural. One innovation was small, “republican,” landownership by independent farmers. Their efficiency made everything else possible.
- We were among the leaders in the banking revolution which simplified and facilitated commerce.
- The transportation revolution began in England but it had an enormous impact on the American economy because of the sheer size of the country.
- Our system of democratic schooling – education for all, rich and poor, boys and girls, immigrants and natives – was revolutionary and made us an international leader.
- England pioneered the scientific revolution. But America took advantage of the land grant colleges, and with the appreciation for learning that came with both the Christian and Jewish communities that relocated here, America became a major source of invention.
- Americans led the revolution in manufacturing – inventing and perfecting the assembly line.
Now what? Everything we achieved is out there. Read the rest of this entry »