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September 30th, 2004

Nanotechnology Incentives

Let's say you are the leader of a country containing hundreds of millions of people, and growing fast. Let's say you have few natural resources no great reserves of petroleum or precious minerals and that the vast majority of your population is illiterate and in poverty. You have a limited industrial base, a miniscule tax base, and slim prospects for economic competition in the world, short of grossly exploiting your own poorly trained work force.

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