Three years ago I made the case for dumping renewables, and doubling medical research — and both occurred in last night’s budget. (Yes, I hear the cry that this is just more big-government funded bad-science, bear with me, I’ll get to that). First let me bask in the glory (wink).
I’m especially proud of the Op-Ed I wrote in The Weekend Australian in May 2011. Indeed it’s very much my driving mission — to redirect corrupted and wasteful tax funds towards better uses, and to help four year olds with cancer, and all the other variants of human pain.
It’s big biccies… The Abbott Government is setting up a 20 billion dollar medical research future fund, which is expected to distribute $1 billion to research annually by 2022-23. It’s being claimed it is the largest in the world (I am not entirely convinced, but nonetheless, it’s radically big). We currently spend about $800m a year on medical research, so this would really double it. (Spooky).
But I can feel the barbs of skeptical libertarians already — saying the money should have been used to pay off the debt or returned to the people who earned it — and I’m sympathetic. [...]
With all the corruption and failures in climate science, sometimes it’s nice to read about how some areas of science are still working, and developing something that matters.
There are thousands of people working on a frontier of science that promises to revolutionize medicine. We are living in the last days of what we’ll come to know as the “old medicine” where surgeons do the unthinkable — cutting out healthy blood vessels to get spare parts for more important sites, or treating people with drugs that affect cells all over the body (with many unwanted side-effects) when what we need is a way to get the right molecules into a tiny percentage of cells. Then there is the devastating cost of using transplants from other people (deceased or not), and then having to use immune-suppressant drugs for life. Growing your own spare parts — customized and make to order — is the brilliant alternative.
Our lives would be so much better if the money used to install vast inefficient solar arrays, or bird-breaking windfarms was used instead on gene therapy. That doesn’t mean everything about this is unquestionably good, like any powerful tool, gene therapy can kill as well as [...]