🌐 Global Economy 8h ago · Alex Tabarrok

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Marginal Revolution
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In our paper, A Skeptical View of the National Science Foundation’s Role in Economic Research, Tyler and I point out that if the NSF is doing what it should it ought to be doing very different things than other funders:
Public goods theory tells us that the National Science Foundation should support activities that are especially hard to support through traditional university, philanthropic, and private-sector sources. This insight suggests a simple test: to the extent that the NSF allocates fun

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