Some Wishful Prizes
By Arnold Kling
A web site called The Victory Project proposes billion-dollar prizes for
To the first person(s) that solves any of these Problems:
1. Develop a cure for breast cancer.
2. Develop a cure for diabetes.
3. Reduce greenhouse emissions from petroleum powered automobiles by 95% without increasing the cost of a normal car more than 5%.
4. Achieve 150 miles per gallon of gasoline in a 3,000 lb. car, using EPA standards; without increasing the cost of a normal car more than 10%.
My first reaction is that I would rather see do-gooders using this sort of thing than trying to work the political system.