In the EU, money for fundamental research comes from the government. I agree that this means less money and perhaps more bureaucracy, but als less dependence on

In the EU, money for fundamental research comes from the government. I agree that this means less money and perhaps more bureaucracy, but als less dependence on economic trends and fads in the industry, and the ability to focus on fundamental questions without having to chase commercialisation. I know both sides, EU and US approaches to research and research funding, and I think both have their strengths and weaknesses. But either way I think measuring research performance by the amount of money made is the wrong measure.