Libertarians ignore the enormous history and pervasiveness of government innovation to claim that innovation is primarily from the private sector. Both sectors are very important. Nor is innovation always beneficial, as we've seen from private financial innovation, which caused the great recession.
- 75 Breakthroughs by America's National Laboratories [More...]
- "For more than 75 years, the Department of Energy’s National Laboratories have solved important problems in science, energy and national security. This expertise keeps our nation at the forefront of science and technology in a rapidly changing world."
- Federally Supported Inventions: 22 Examples of Major Technology Advances That Stem From Federal Research Support [More...]
- In information technology, energy, health, mathematics, education, transportation, and agriculture.
- Innovation: The Government Was Crucial After All [More...]
- A review of The Entrepreneurial State: Debunking Public vs. Private Sector Myths and Doing Capitalism in the Innovation Economy: Markets, Speculation and the State which recognizes how important government has been for innovation.
- Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change (book, online)
- Permissionless Innovation (1 link)
- Evasion of regulation, based on the view that entrepreneurs and “innovators” are the lifeblood of society, and must be allowed to push forward without needing to ask for “permission” from government, for the good of society. It is license to harm; it is a demand that government not intrude in exactly the area that government is meant for -- to protect the general welfare of citizens.
- Reinventing Libertarianism: Jim Manzi and the New Conservative Case for Innovation [More...]
- "But in combining a Hayekian appreciation for the wisdom of free markets with a Hamiltonian view of the necessity of government investment in infrastructure and technology, Manzi has renovated the conservative vision of technological innovation."
- State of innovation: Busting the private-sector myth [More...]
- "Forget Silicon Valley entrepreneurs. It is government that should be credited for backing wealth-creating technology."
- State of Innovation: The U.S. Government's Role in Technology Development (book, online)
- Thank NASA for Baby Formula—And 6 More Government-Funded Inventions [More...]
- "A host of popular products probably wouldn’t be around today if not for robust national investment in science and innovation."
- The Entrepreneurial State: Debunking Public vs. Private Sector Myths (book, online) (4 links)
- This book debunks the myth of the state as market failure fixer, leaving entrepreneurship to the private sector. Case studies reveal the opposite: the private sector follows the state's bold, high-risk investments.
- The Gridlock Economy: How Too Much Ownership Wrecks Markets, Stops Innovation, and Costs Lives (book, online) (1 link)
- "Usually, private ownership creates wealth, but too much ownership has the opposite effect -- it creates gridlock. When too many people own pieces of one thing, whether a physical or intellectual resource, cooperation breaks down, wealth disappears, and everybody loses."
- The US Gov’t as Venture Capitalist: Why Go There? [More...]
- Jared Bernstein writes: "The question of should the government backstop investments in new areas of research is actually an odd one, because it’s been doing so since before we were even a nation [...]"
The market fundamentalists of Technology Liberation Front and Silicon Valley would love you to believe that “permissionless innovation” is somehow organic to “the internet,” but in fact it is an experiment we conducted for a long time in the US, and the experiment proved that it does not work. From the EPA to the FDA to OSHA, nearly every Federal (and State) regulatory agency exists because of significant, usually deadly failures of industry to restrain itself.
David Golumbia, "“Permissionless Innovation”: Using Technology to Dismantle the Republic"