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Those are just government programs (and even there it's missing a lot). Most research in the US is funded by the industry nowadays. But you can still easily mak
by sigmoid10 2y ago
Those are just government programs (and even there it's missing a lot). Most research in the US is funded by the industry nowadays. But you can still easily make the case that the US government alone spent more than one trillion dollars on research in the last decade, even without looking at other countries [1]. And the EU spends a lot on the federal government level as well.
[1] https://www.stlouisfed.org/on-the-economy/2018/may/rd-business-spending-up-government-spending-flat https://www.stlouisfed.org/on-the-economy/2018/may/rd-busine...