Reply to post: Re: Not Trickle-down economics...

Trickle-down economics works: SpaceShipTwo is a prime example

Allan George Dyer

Re: Not Trickle-down economics...

@Squander Two - Well, I thought economics was about movement of goods and services through society, which does not have to involve any movement of technology. Technology can move without direct economic exchange - e.g. when a patent expires. Economics is abstract, you can redefine any activity as economics, but there is a certain quality about, for example, "my breakfast" that is not interchangeable with "a drug patent" or "a performance of Beethoven's 5th". You can say that a billionaire eating breakfast and a billionaire launching a spaceship both have an economic trickle-down effect, but only one of them has a technology trickle-down effect.

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