Michael Milken: Investing in science, reaping rewards
SEP 08, 2012
DOI: 10.1063/PT.5.026322
Wall Street Journal : With science, business, and government leaders meeting 7–9 September in Washington, DC, in a policy-focused Celebration of Science , Michael Milken—the biomedical philanthropist formerly associated with Wall Street financial controversy—argues in a 7 September op-ed that federal research, far from costing the US, affirmatively generates wealth. He focuses on the biological sciences, which, he writes, “help solve many seemingly intractable global issues—lack of access to abundant food and clean water, the defense against pandemics and bioterrorism, reliable energy supplies and environmental sustainability.” He adds that each of those issues “profoundly affects economic growth” and declares that bioscience “provides sustained long-term benefits through job creation, increased productivity, lower health-care costs, longer working lives, process efficiencies and cheaper energy.”
© 2012 American Institute of Physics
