I’m a fan of the idea of government/citizens directly sharing profits from tech research (e.g. the internet) they fund, as Mariana Mazzucato advocates in Mission Economy and The Entrepreneurial State. So this seems to me like a *good* (unique?) smashing of norms by Trump. For instance, Nvidia…. 1/2
….Nvidia got DARPA money to research energy-efficient computer architectures, and Energy Department grants to research super-powerful “exascale” computing. And Tesla in 2010 got a $465 million loan from the DOE And federal funding underlies almost every new pharmaceutical. Etcetera, etcetera. 2/2
www.nytimes.com/2025/08/10/t...
The contradiction are at another level. As you have mentioned I also like Mariana Mazzucato’s vision of the Entrepreneurial Government
With Trump, though, where the money will go is the question.
Of course. But many of the norm-breakings will outlast him, maybe this one for better instead of worse.
Maybe better to do it under a structured contract when the grants are supplied rather than at the despot’s whim, though.
Of course. Mazzucato and other economists have laid out plans for doing this routinely and systematically. So taxpayers as early R&D investors share big upsides like private investors do.
oh ffs, Krasnov will take the money somehow, fees, kickbacks, he'll get money...it's his deal in his demented mind...the US owes him, dementia
The only problem is, by government he means himself.
But the norm-breakings for better and worse can outlast him.
Such a bad idea