You guys would have been really happy in the Soviet Union. Planned economies sound great on paper, I guess. (Though, to make my point: the standard of living there was below that of the West.)
In CERN LHC teams, every problem is assigned to two groups, and their sensors are placed on the opposite ends of the accelerator relative to each other. Both starts from scratch, come up with completely different approaches to the same problem, and solve it independently, verifying each other in the process.
Higgs Boson is found by two teams, one week apart, independently verifying that it exists. You can apply this to any grand challenge. Space, AI, etc. Create two super-teams, NDA them, give them money and let loose.
Note that no one has argued for a planned economy.
This place is filled with very smart dumb people...