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Home Editor's Pick

Should Governments Fund Research?

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February 18, 2025
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Jeffrey Miron and Jacob Winter

The Trump administration sparked controversy this month by reducing grant funding from the National Institutes of Health. The move, currently blocked by a judge, caps the percentage of grant funds that can be used for indirect costs at 15 percent.

There are legitimate debates about a universal cap on funding for indirect costs, as well as about President Trump’s wrecking-ball approach to reforming government.

But it is also worth asking whether governments should fund research at all.

In a previous piece, we argued they should not. Read it here.

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