Surely you're not proposing it is uncapturable economic value. That's not economics. As for the mechanics, first we have to hear what they were thinking about the substance of that value was. That's not my assertion, but rather the question posed by the persons I was replying too -- but virtually by definition economics involves the topic of capturable valuable. If it is not capturable value then I don't see how it's economic value.

But lets say, for the hell of it, we take a wild guess and presume that to be economically valuable it has to be if not easily tradeable at least actionable, but for whatever reason the hypothetical here is it's only useful in the US if the government does it. I would presume, though not propose, they could sell it to US enemies, such as China. Now I am not promoting treasonous activities, but I'm quite sure, some capitalists would happily do them.

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mindslight 2 hours ago | parent [-]

Un-centrally-captureable value that remains distributed is very much economic value. You seem to be falling for the efficient market fallacy.

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mothballed an hour ago | parent [-]

If it's actually usable economically then the government will partially recover (capture value) it via taxation. If US suppliers fail to match the predicted effects, then Chinese or other suppliers can. This yields tax receipts in China and elsewhere. So if it's actually 'distributable' then it is worth at least some non-zero capturable amount as sales to foreign governments if the US government will not be participating, even if you suppose no private entities will buy the information.

	▲	mindslight an hour ago \| parent [-]
		It seems you're still assuming market efficiency, but just focusing on governments as the actors.