Please Fund More Science
Biotech companies are responding well because their incentive structures are well-aligned with discovering a solution (treatment or cure) to this problem. Academics and other government-funded researchers are simply responding to their incentives, which are not well-aligned in this case.<p>The Manhattan project and others like it succeeded because they gave resources to scientists and researchers who were not adapted to gaming a government-funded and bureaucratically-run grant system. Major government funded research projects (especially international ones like nuclear fusion) are not stalling because of lack of money, it is simply the system and incentive structure. Pouring more money in will not help us.<p>A prize system like what Tyler Cowen is advocating may work better, though I can&#x27;t say I&#x27;m sure about that.