Does Government R&D Policy Mainly Benefit Scientists and Engineers?

Does this apply to Climate Science?~Larry K By Austan Goolsbee NBER Working Paper No. 6532 Issued in April 1998 Conventional wisdom holds that the social rate of return to R&D significantly exceeds the private rate of return and, therefore, R&D should be subsidized. In the U.S., the government has directly funded a large fraction of…

via Watts Up With That?

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March 10, 2019 at 05:06AM

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