Re: GM technology in medicine and environmental cleanup

[Jim Devine <jdevine03@xxxxxxxxx>]

I think the key is that at present, at least in the US, GM is
introduced following the principle that "Corporations know best" or
"if it's profitable, it's good." My feeling is that it requires
democratically-controlled regulation, to deal with possible external
costs and the like.

On 8/12/06, Perelman, Michael <MPerelman@xxxxxxxxxxxx> wrote:
> Insulin can be made in a laboratory in a way that could be relatively
> easy to contain.  The oil-cleaning bacteria might have other properties
> released into the wild.  I would need to know more before coming to a
> conclusion.
>
>
> Ken asked:
>
> >So do people also object to the use of GM technology
> to produce insulin and also to create bacteria that
> consume oil and can cleanup oil spills?
>
>
> Michael Perelman
> Economics Department
> California State University
> michael at ecst.csuchico.edu
> Chico, CA 95929
> 530-898-5321
> fax 530-898-5901


--
Jim Devine / "It is however always important to remember that the
ability to see things in their correct perspective may be, and often
is, divorced from the ability to reason correctly and vice versa. That
is why an economist may be a very good theorist and yet talk absolute
nonsense...." -- Joseph Schumpeter [edited]