[QUOTE=Liberal]
Let’s see what arguments we have so far:
Critics of McCain’s proposal
The reward will have to be approved by a hostile Congress
[/quote]
What the hell kind of criticism is that? Isn’t the same true for any kind of government funding? In any event, I assume that this prize would come with some pretty clear and testable requirements for being awarded, and would be approved by Congress ahead of time.
Who CARES? What, is everything now a social program? If the idea here is to develop a battery, I personally don’t care if a kid in his backyard comes up with it, or Exxon Mobil does. Why do you?
That’s the whole damned point! Since you don’t award the prize except upon completion of the successful evaluation that the conditions are met, there’s no need for endless government oversight.
Yeah, that engineering stuff is tricky. Hell, we might even have to take measurements and use math and stuff. Perish the thought. Everyone knows that a much better way to go is to set up a government bureaucracy, issue RFP’s and tenders to huge multinationals, give them money up front, then regulate the bejeezus out of them to make sure they don’t take your money and run. In the meantime, the small innovators like Burt Rutan get frozen out of the process because they don’t have the army of lawyers and accounts required to even bid for government contracts.
Let’s keep doing that instead.
You’re going off into bizarro land here. McCain’s plan IS the provision to pay the award. Obviously a bill creating this would include the requisite funding upon a successful test of the battery.
And one of the criticisms of it is that the money isn’t nearly enough to kick off real R&D.
YAY! Or are you saying now that you LIKE having the government pick which research should be funded? Their track record in picking winning technologies is fantastic, isn’t it?
So would your argument then be that goverment should not be subsidizing any R&D at all? Do you think the average Obama supporter would agree with that? because you can’t on the one hand argue that a prize isn’t necessary because companies are already working full-tilt on this R&D, and also argue, as Obama does, that the government needs to invest more money in this technology. Which is it?
Okay, now you’re just being offensive for no reason. Do you, former libertarian that you are, really need to have the value of prizes vs government management of R&D explained to you? Well, maybe so, so let me have at it:
[ul]
[li]Prizes have a history of triggering much more R&D than the value of the prize.[/li][li]Prizes actually have a record of good success, going all the way back to the early aviation prizes which triggered a flurry of development.[/li][li]Recent prizes have also been successful, such as the Ansari X-Prize and the DARPA millennium challenge.[/li][li]Prizes stimulate research without heavy regulation, without the need for government oversight, and without the need for the government to pick winning and losing technologies.[/li][li]Prizes are risk-free for the government. You either get the battery you want, in which case the prize was dirt cheap, or you don’t, in which case it cost you nothing.[/li][/ul]
I could go on. There are also some drawbacks with this particular prize, but that can wait for another message, as I have to run. But certainly the idea deserves more than a snotty and cursory dismissal.