18min chapter

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MACROSCIENCE with Tim Hwang [Idea Machines #49]

Idea Machines

CHAPTER

Shaping Economic Institutions and Scientific Research

A discussion on the historical contingency and normative triumph in measuring macroeconomic indicators like GDP and interest rates, and their influence on economic institutions. Exploring the incentivization of scientific activities based on time scales and grant sizes, along with the debate on the balance between market forces and intervention in science. The chapter also delves into the state of science funding, regulations, and the importance of strategic measurement approaches in meta-science discussions.

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