Washington Post (November 4)
America may still be “the world’s leading scientific research power, but competition is growing more fierce.” Even though “it’s a dangerous time to dull the country’s competitive edge,” Trump’s moves against universities have done just that. “Scientists in the United States increasingly see European bureaucracy as a safer setting for conducting their cutting-edge research than their home country’s own institutions.” The European Research Council “has seen a surge in applications,” with “nearly triple the number of proposals from Americans compared with the year before.”
Tags: Applications, Bureaucracy, Competition, Competitive edge, Cutting-edge research, ERC, Europe, Fierce, Leading, Power, Proposals, Safer setting, Scientific research, Trump, U.S., Universities
Financial Times (November 3)
“Some kinds of public investment bring very high returns for the rest of the economy–such as spending on basic scientific research or fixing infrastructure bottlenecks–and they are under grave threat from today’s swingeing spending cuts in the US.” Austerity is reigning in public sector capital investment, which “has dropped to just 3.6 per cent of US output compared with a postwar average of 5 per cent.”
Tags: Austerity, Bottlenecks, Capital investment, Cuts, Economy, Infrastructure, Output, Postwar, Public sector, Returns, Scientific research, Spending, U.S.
