What is this Fulton Street Society that keeps popping up?
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I'm unconvinced... Could it be that we are engaging more in small-scale research and have had fewer paradigm-shifting breakthroughs than at the beginning of the 20th century? Very thought-provoking!
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I find this topic fascinating (comprises one of 3 (!) blog posts at http://brianhuskinson.com ). To me, the key was that the 20th century set a very high bar - the world become global for the first time and there was a massive boom in innovation and discovery as a result.
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In the
this can be explained by the lack of public investment in R&D, which has dropped since the 1960s.
A country should not rely solely on its private sector to make the type of risky scientific research investments that generally lead to breakthroughs.pic.twitter.com/SYuj3wl0nz -
Paper 1: document the trend. Maybe paper 2 will work out the cause!
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Progress? Y’all talkin bout progress?
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Also, economists are having their shit eating moment and rightfully so. Credibility is not there to invent a new field of study when they cannot take care of the one they already have.
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