And here we go! (We really need a Joker smiley face)
Frank stated that government funded research is about 3 to 1, compared to what industry puts into research.
From what I have been able to dig up with a cursory internet search (ok...I went to Wikipedia because it came up first in Google)
"In the OECD, around two-thirds of research and development in scientific and technical fields is carried out by industry, and 20% and 10% respectively by universities and government, although in poorer countries such as Portugal and Mexico the industry contribution is significantly less. The US government spends more than other countries on military R&D, although the proportion has fallen from around 30% in the 1980s to under 20%[1]. Government funding for medical research amounts to approximately 36% in the U.S. The government funding proportion in certain industries is higher, and it dominates research in social science and humanities. Similarly, with some exceptions (e.g. biotechnology) government provides the bulk of the funds for basic scientific research. In commercial research and development, all but the most research-oriented corporations focus more heavily on near-term commercialisation possibilities rather than "blue-sky" ideas or technologies (such as nuclear fusion)."
With that said, I do think the "blue-sky" research is vastly important. Super colliders leap to mind as something that government funding is very important for! Frank, would it be fair to say that we can agree that there are some projects under the "blue-sky" umbrella that deserve and need government funding?
If you want a medical industry example of government interference. Medical devices is an excellent one. The new taxes to be levied on medical device companies is going to derail research by said companies in the short term. Because...these companies have =contracts= that lock in their prices so they can't pass the cost on...which they will. This isn't speculation on my part, I can name one company where management has stated this.
I will grant you that DARPA does some wacky and brilliant research that has resulted in vast gains for all of society. I should be very careful about painting with too broad of strokes. So, I will give ground that some government intervention is beneficial that the line shifts further and further towards total control.
And there was the fact that I failed to mention that the Navy is funding the research into the polywell fusion reactor (although I wish they weren't).
Fair enough?