Genius does not follow politicians’ prescriptions

Quote of the week from Sir Paul Callaghan:

Sir Paul cites 20 top technology companies, not one of which is remotely a Clean Tech company, except in as much as they are all environmentally benign. “That latter, in my view, is all that matters, that and being the best in the world at what they do and hence viable and profitable. The evidence suggests what we are actually good at is not at all what the Green Party would like us to be good at. What we are good at is a result of brilliant entrepreneurship and business expertise. Such genius does not follow politicians’ prescriptions.”

Politicians should be reducing the burden of government both in cost and regulatory terms.

They should be ensuring the policy framework is conducive to doing business with necessary environmental and social safeguards.

They should then leave decisions on what business to do to the people doing it.

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