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Tuesday, 9th September 2008

Public Stem Cell Research Funding: Boon or Boondoggle?

Public Stem Cell Research Funding: Boon or Boondoggle?
Source: Competitive Enterprise Institute
From press release:

Debates over the ethics of research using human embryonic stem cells continue long after the Bush Administrationís ban on federal tax-funding for such research. But, a new report from the Competitive Enterprise Institute calls into question whether, ethics aside, stem cell research is even a sensible expenditure of taxpayer dollars.

Government stem cell research programs, such as Californiaís Proposition 71, are bureaucratic, wasteful, and mired in political controversy, argue Sigrid Fry-Revere, J.D., Ph.D., and Molly Elgin, authors of Public Stem Cell Research Funding: Boon or Boondoggle? And, because stem cell research is inherently speculative and politically controversial, the public would be best served if governments left it to the private sector.

+ Full Report (PDF; 597 KB)


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