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The postwar settlement for American science is obsolete: the federal share of R&D has inverted, with private money and philanthropy now funding about 70% of it.

Drawn from what Michael Kratsios said

government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.

A private bookmark. Not a position, and never counted.

What Michael Kratsios actually said

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  1. Michael Kratsios

    US science and technology adviser to the president

    Over time that has sort of inverted completely. The private sector plus philanthropy now do about 70% of R&D and the and the government only does about 30.

Added to korrents 18 Aug 2026 · How quotes work · Something wrong? Tell us

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