The Gray Area with Sean Illing cover image

"The world’s scariest economist” on coronavirus, innovation, and purpose

The Gray Area with Sean Illing

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Government's Role in Innovation Funding

This chapter explores the intricacies of government involvement in funding innovation, particularly through the Department of Energy Loan Guarantee Program with examples like Tesla and Solyndra. It critiques the narrative of socialized risks and privatized rewards while advocating for a transparent, mission-oriented approach to public investments that truly benefits society. Additionally, it discusses the need for reform in public investment strategies to address contemporary challenges like health crises and climate change.

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