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Nicholas Bloom on Management, Productivity, and Scientific Progress
Conversations with Tyler
The Biggest Issue Is How to Distribute Research Ah
I'm not aware of any huge criticisms of how the research agencies hand out their money. I think the big issue is just their budgets. Their budgets sure are growing, but they're not growing nearly as fast as g d p. And so as a result, e government is basically pulling back from r and d. It's being replaced by universities. So if you think of these alete universities, they're enormous an ments are partly beeng funnelled into early stage r universities. They are stepping into some extent, to fill the gap left by government....
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