While spending as a pct of gdp might be going down, that’s not relevant to the direction of the returns on spending using absolute terms. It’s important to be careful throwing money at a problem that wasn’t caused by a lack of money, which is the case here.
You're a scientist and I'm not, so feel free to push back or tell me I'm totally wrong :-). But my POV is informed by dozens of conversations with practicing scientists and also senior managers at NIH/NSF.
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I have worked with both NSF and DARPA, and I think we need both kinds of funding mechanisms. DARPA is closer to the "give $5M to a lab" model, and I think biomedicine needs much more of that kind of project-oriented funding too
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Thomas, if you had to prioritize changes to the current system, what would your changes be?
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