Forbes March 20, 2025
There has been a lot of discussion recently about the impact that the newly formed US Department of Government Efficiency (DOGE) will have on the federal workforce and overall US budget. Whatever your views on DOGE may be, one thing is certain: Depending on how the cuts are made, longer-term US innovation may likely suffer.
Even though we may not recognize it, US government funding continues to fuel innovations that shape our daily lives. While we give Apple credit (and it is well deserved) for creating the iPhone, one of the most ubiquitous devices we use, its creation was only possible because of research backed by various federal agencies.
Mariana Mazzucato’s book The Entrepreneurial State highlights this. Almost everything that...
Today's Sponsors
Today's Sponsor