In turn, the industry produces a product that isn't as efficient or cheap as it might be if we focused less on working the political system and more on research and development.

WSJ: Patrick Jenevein: Wind-Power Subsidies? No Thanks.

With the monopolistic Bell System setting the pace, U.S. corporate spending on research and development took off in the 1920s.

FORBES: Globalism and Technology: A Hidden Misconception That Dooms the U.S. Economy