Before Nobels: Gifts to and from rich patrons were early science’s currency
theconversation.com
theconversation.com
The practical effect of the shift from patronage to grants is a transition from multipolar to unipolar science. Any one rich patron may or may not have an instinct for what research deserves support, but their collective judgment should be a fairly wise crowd. Few rich people were born yesterday.
In a grant-funded ecosystem, even multiple funding institutions which are branches of multiple governments tend to merge into one big meta-institution, with one big opinion. This is how we get intellectual monocultures across many fields, especially fields without practical feedback from a commercial application. One big opinion is hard to change. Unfortunately, science is kind of about changing our minds...
How many wealthy people are like the Koch brothers? Not that many. Most of them are concerned with status only.
I am not aware of equivalent tax breaks offered to investors to support science or technology development, it is seems to me it could be a great way to incentivize scientific progress.
Does anyone know why tax schemes to support science are not being used?