Can Science Get by without Your Tax Money?

Event Date - March 29, 2007

The Goldwater Institute invites you to

Can Science Get by without Your Tax Money?


Terence Kealey  I  Vice-chancellor, University of Buckingham

Government undermines scientific progress, Dr. Terence Kealey contends in his book The Economic Laws of Scientific Research.  A clinical biochemist by training and the world's foremost academic skeptic of state investment in science, Dr. Kealey  exposes the myth that government must finance scientific research to promote economic growth. British news magazine The Economist called Kealey’s book “brilliant . . . One of the most appetizing and sustained polemics ever concocted on a serious topic.”

Dr. Kealey explains his interest in the matter this way: “When I was a scientist in Britain during the 1980s, [former British prime minister] Margaret Thatcher was cutting funds for British university science to some extent. Everyone was saying that this would destroy British economic growth, while in fact this coincided with Britain’s recovery.”

Arizona policymakers, however, are approving ever larger sums of taxpayer money to fund various scientific endeavors, approaching $1 billion over the last five years.  Dr. Kealey contends that such “investment” does not provide an economic boost and risks politicizing scientific research.

Dr. Kealey received his doctorate from Oxford and lectured for 13 years at Cambridge. His latest book, Sex, Science and Profits, examines evolution and the economic history of humanity to show how barter, trade and contract are embedded in human nature.

Please join us for an evening with Terence Kealey as he discusses government financing of scientific research.

Wednesday, March 28, 2007, 5:00~6:30 p.m.
Goldwater Institute  I  500 East Coronado Road  I  Phoenix
One block north of McDowell, west of 7th Street

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