EST 202 Lecture Notes - Lecture 11: Steamboat, Resource Depletion, Tennessee Valley Authority
Document Summary
Lecture 11: government involvement: government involvement in technology development expected, regulation, basic research, continuing economic support, guidance-selection. Steam boat rules established after spate of explosions. Promote investments capital gains, research write-offs, natural resource depletion rules. Land grants to railroads, other infrastructure (interstate highways: zoning. To promote and to prevent development: patent rules. Basic research: national institutes of health, offices in bethesda, md, goal is to foster creative discoveries to support improvement in health, basic & applied work, million budget, national science foundation. Basic science & engineering support (20% of all university funding) Traditional fields and high risk, high payoff. Other important agencies: department of energy, department of defense, epa, noaa, nasa, state groups: Heart disease, cancer (not obesity: programmatic selection. Transcontinental railroad: congress passed law in 1862, subsidies for track (k, k, k)/mi, tennessee valley authority. Secret wwii effort 1942-45 (einstein letter: man on the moon. But (cid:374)o(cid:449) : failures, nuclear power.