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January 18, 2018

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I read a plausible argument for this sort of institute recently in TIME (can't recall the exact article, but it's probably behind a pay wall anyway). The gist was that perhaps private donors should fund the highest-risk research, leaving public money (and maybe mom-and-pop donors) to fund research that has a higher likelihood ab initio of success (but perhaps a lower payoff if successful). In an era where public (tax dollar) funding for research in general is tight, this makes sense to me. "Safer" research will be easier to fund with tax dollars.

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