Ep. 145: The free market can fund scientific research | Terence Kealey

Dr. Terence Kealey is a professor of clinical biochemistry at the University of Buckingham in the United Kingdom, where he served as vice chancellor until 2014. As a clinical biochemist, Dr. Kealey studied human experimental dermatology, and he discovered how distorting government money could be to the scientific enterprise. In 1996, he published his first book, “The Economic Laws of Scientific Research”, in which he argued that governments need not fund science. His second book, “Sex, Science and Profits” argues that science is not a public good but, rather, is organized in invisible colleges, thereby making government funding irrelevant.

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