Left="equality of needs." Right="equality of opportunity." Synthesis: "equality of marginal risk"? Me losing $10 != homeless guy losing $10.
@aresnick wouldn't have in the 50s agreed. In 10 years I suspect kickstarter type mechanisms can fund microprocessor level ideas.
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@vgr There will always be ideas whose time/return horizon require institutions. I agree that crowdfunding expands that for some domains. -
@aresnick I'm not sure institutions work beyond a narrow operating range. - Show replies
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