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Declining federal funds hurt US innovation, says MIT report

Image: 401(K) 2012 [CC BY-SA 2.0], via Flickr

A report from the Massachusetts Institute for Technology argues that reduced federal spending is hurting the country’s chances of staying at the leading edge of science and medical research.

The Future Postponed opens with a list of major scientific achievements from 2014: landing a probe on a comet, discovering the Higgs boson, and others. Then it notes that none of those happened in the United States.

The authors describe this as evidence that the US is less innovative than other nations, which they attribute at least in part to a decrease in government support for research.

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