The Innovation State
Alex Tabarrok and Russ Roberts discuss the potential for trillion dollar improvements in medical care through innovation, emphasizing the need to shift government spending towards research and development. They explore the decentralized nature of funding in organizations like the National Institutes of Health and the National Science Foundation, while also considering the impact of privately funded medical research. The conversation highlights the importance of investing in innovation for a better future.In this clip
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EconTalk
Alex Tabarrok on Innovation
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