Science is the engine of prosperity

“Everything we see around us, the wealth we see around us is a byproduct of science. Take a look at physics alone. Physicists invented the television, radio, rader, microwaves, GPS system, transistors, world wide web, GPS satellite, the Space program, MRI machine, etc. The wealth we see around us comes from science. However, politicians don’t know this. Politicians are in the main form of lawyers and in law, everything is a zero sum game. You sue Peter to pay Paul. That is the essence of law, protecting private investments. Then, when lawyers become politicians, they tax Peter to pay Paul. It is the same world outlook, cutting the pie thinner and thinner and thinner except now you tax Peter to pay Paul. But Physicists want a bigger pie. Science is all about creating wealth, not rearranging wealth or massaging wealth.” -Michio Kaku

A story
“I once had lunch with Freeman Dyson. He told me when he was a young man in the 30s in cambridge, he saw the decline of empire. He saw the best minds of Cambridge going into massaging money rather than creating money. Instead of going into chemicals and utilities and physics and engineering, the best minds were going into Investment Banking amd massaging other people’s money rather than creating wealth and who are the great minds of the 1800s versus the great minds of the 1900s. In the 1800s, they are all British, Maxwell, Faraday, the giants of physics and in the nest century, who are the giants? Plank, Einstein, Heisenberg, they are all Germanic. He saw the decline of empire and he says in the second time of his life, he’s seen it again. At Princeton, he sees the finest young minds not going into physics, engineering and chemicals, going into Investment Banking, massaging other people’s money instead of creating wealth managing other people’s wealth.”