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US institutions (possibly also those in other countries) behave as though they… are entitled to research funding, which will magically materialize from elsewhere: “Get a grant, serf! If you can’t do it quickly, or have trouble for some years — or if your funding doesn’t get renewed, despite continuing productivity — forget it!” But what if there are so many applicants (as there are nowadays) that even a meritorious proposal gets the supplicant nowhere or causes a research group to grind prematurely to a halt? What if the situation is worsened when the government at hand is anti-science and otherwise squanders its resources on international adventurism?
Previously, we relied on the Central Government to release funds for development projects, even for constructing small clinics. The process was slow, requiring us to wait for approvals, which often led to significant delays. When a project’s completion is delayed, it can stall entirely, turning many initiatives into "white elephants." However, this time, we anticipate seeing the much-needed development proceed more effectively.
If the government and other nonprofit institutions are to compensate for the underallocation of resources to invention by private enterprise, two problems arise: how shall the amount of resources devoted to invention be determined, and how shall efficiency in their use be encouraged? These problems arise whenever the government finds it necessary to engage in economic activities because indivisibilities prevent the private economy from performing adequately (highways, bridges, reclamation projects, for example), but the determination of the relative magnitudes is even more difficult here.
I don’t think people realise how vital libraries are or what a colossal danger it would be if we were to lose any more. Having had a truncated school life myself, all of my education from the age of 17 has been self-taught. I wouldn’t be the person I am today if it wasn’t for the opportunities the library gave me.
No, not of the total budget. I mean, what is allocated to education in previous years, we have to add more to this. There was an increase, a large increase, to what is allocated to education. That has helped us in doing most of these things. But nevertheless, funding is still a challenge to us. Even with the increase, it is still very difficult for us to provide all those things we wanted. As a result of that we said, "we can't just fold our arms and say by the time we utilize what we have-." Let's find other ways of getting funding, because it is the greatest challenge. If you want quality things-you want the best things-it costs money.
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