A billion pounds?

[ciphergoth]

babysimon: "You could do a lot of good with £1bn"

How would you spend a billion pounds in order to do good? You can't spend it on yourself or your friends.

Comments

[altamira16.livejournal.com]

Say you have a research scientist. The research scientist has to pay to support his family. The only way he could do that and still do what he loves is to find someone to pay him to do his research. Now he can go work for a big company that has a big research budget, usually profit motivated, or he can stay in academia and receive grants to do his research.

You could funnel the dollars to pay for research involved in making new drugs.

I am not convinced that the dollars spent there are nearly as much as the dollars spent on meeting the various regulations to see if the drug is safe enough to use on actual people though.

[figg.livejournal.com]

Say you live in a capitalist society....

Fair point.

I'm almost sure that more money is spent on marketing drugs than researching them though.