Quote:
Originally posted by Tyrone_Slothrop
Neither you nor sgtclub wants to explain this magical link between pharma profits and R&D, but my question for you is this: If R&D is such a wonderful thing, why not spend government money to encourage it?
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The link more precisely between revenues and R&D. In a simple example, more revenues + constant costs = more profits. Alternatively, more revenues + increased R&D costs = constant profits.
On your second point, we do spend government money on R&D in a wide variety of ways (e.g., public universities).
