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The threat posed by a new crisis in the international order was heightened by breakthroughs in nuclear technology and the success of both blocs of nations in equipping themselves with an ever-growing array of weapons of mass destruction.
Such breakthroughs were encouraged—and their influence greatly amplified—by the fact that science had already changed from an activity of isolated thinkers to the systematically pursued concern of a large and influential international community enjoying the amenities of universities, laboratories and symposia for the exchange of experimental discoveries.
However handicapped it often has been by ignorance and perversity, this force has been the primary influence driving the advancement of civilization, generating legal codes, social and political institutions, artistic works, technological achievements without end, moral breakthroughs, material prosperity, and long periods of public peace whose afterglow lived in the memories of subsequent generations as imagined “golden ages”.
We can make crystals of exceptional purity to produce super computers, creating jobs, technologies, and medical breakthroughs beyond anything we ever dreamed possible. As we do all this, we'll continue to protect our natural resources.
I thrived within a self-designed, academically rigorous educational program, but experienced no breakthroughs in my search for Hidden Realms of Perception until the following summer. The experience came when I was working ten-hour days and five-and-a-half day weeks on a farm in southern New Hampshire.
To accelerate the march of discovery across all disciplines of science and technology, my budget includes an unprecedented $3 billion increase in the 21st Century Research Fund, the largest increase in civilian research in a generation. These new breakthroughs must be used in ways that reflect our most cherished values. First and foremost, we must safeguard our citizens' privacy.
We can make crystals of exceptional purity to produce super computers, creating jobs, technologies, and medical breakthroughs beyond anything we ever dreamed possible. As we do all this, we'll continue to protect our natural resources.
Financial innovation is closely related to breakthroughs in information technology. Both markets are founded on the manipulation of symbols and coded concepts. The dynamic of these markets is self-reinforcing. These, in turn, drive software companies, creators of content, financial engineers, scientists, and inventors to a heightened complexity of thinking.
Substantive news, change in management, an oil shock, a terrorist attack, an accounting scandal, an FDA approval, a major contract, or a natural, or man-made disaster all cause share prices and market indices to break the boundaries of the price band that they have occupied. Technical analysts identify these boundaries and trace breakthroughs and their outcomes in terms of prices.
To accelerate the march of discovery across all disciplines of science and technology, my budget includes an unprecedented $3 billion increase in the 21st Century Research Fund, the largest increase in civilian research in a generation. These new breakthroughs must be used in ways that reflect our most cherished values. First and foremost, we must safeguard our citizens' privacy.
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