Oddbean new post about login | logout @7db1d990 a recent model is the way that youth training money (under the Thatcher Govt.) supported/funded (unintentionally) the massive explosion of indie/post-punk music scene in the UK... so many garage bands & tables took the weekly income & used it to fund new bands, labels & clubs.... the UK's 80's music renanaissanc that still ripples on even today
@43d7c4ea A perfect example! A very different example of how ‘letting people off the leash’ enables progress is the BBC’s support for innovation in the 1950s, ‘60s and ‘70s, which gave us Colour TV cameras, Teletext and the BBC Microcomputer, amongst other things. That last example led fairly directly to the development of the ARM microchips, which now power 99% of the world’s premium smartphones. https://en.wikipedia.org/wiki/BBC_Research_%26_Development