Watched most of the first panel at the House Committee on Energy and Commerce hearing on neurodegenerative diseases, and chairwoman Eshoo expressed something, regarding the development of ARPA-H, that I found somewhat reflective of the sort of state I think we are moving to, although it could well be active in ways I merely haven't noticed:
"Thats why I am pleased to be working with the Biden/Harris administration to create the Advanced Research Projects Agency for Health, ARPA-H. This new, independent agency will take on projects like Alzheimers and ALS, where the market has failed to invest due to risk, and bring new strategies and collaborations to our current siloed system."
The state can use its transcendent market position to complement/supplement otherwise natural market activity, a practice with a dubious history, no doubt. But I think a greater understanding of these things will yield greater insight into how they may develop, and which potential developments are worth willing on.
I would still like a greater understanding of the dynamic monetary base, and how feasible it is to sustain indefinite growth while also addressing public welfare. To be clear, I believe there is always a better answer yet unrealized, and that its just a matter of cleverness and information to realize it. Perhaps extraordinary levels of cleverness, but nevertheless attainable.