Great piece. Readers of Risk & Progress know that science spending is pretty much the only area where I would advocate spending more.
Human progress is a function of knowledge accumulation and energy capture. The non-rival nature of knowledge means that the free market underinvestments in the creation of knowledge.
Where the free market fails, our sovereign leviathans should step in.
No-brainer is appropriate, but a poor choice of words. The biggest impediment in the US is a president lacking a brain, and the Neanderthals that support him, in the administration and the public.
Great piece. Readers of Risk & Progress know that science spending is pretty much the only area where I would advocate spending more.
Human progress is a function of knowledge accumulation and energy capture. The non-rival nature of knowledge means that the free market underinvestments in the creation of knowledge.
Where the free market fails, our sovereign leviathans should step in.
No-brainer is appropriate, but a poor choice of words. The biggest impediment in the US is a president lacking a brain, and the Neanderthals that support him, in the administration and the public.