I think there should be two pools of money, one that is granted at random to anyone who has obtained a professorship at a university, let that be the first filt

I think there should be two pools of money, one that is granted at random to anyone who has obtained a professorship at a university, let that be the first filter for competency. The second pool of money can be given to projects that have immediate social interest and impact, and the government can, in this case, be very selective as there should be some social weight to succeeding here. The first pool is for idea generation, failure is an option. The second pool is to direct invention for social benefit.