[ExactoKnight]

Peter Thiel has a strong critique of this where he asserts the opposite: that both governments and science research spending today is too indeterminate.

Governments don't believe in the capacity to make big plans any more, and it's made it impossible for us to achieve big goals in the last 40 years on the scale that we used to (like with the moon landing).

Instead... failures are excused with portfolio theory, hundreds of universities end up doing hundreds of different things, with nobody really understanding the meaning or connection between any of it. Grant funding is based more on politics than on merit, and this slows down science, because few people are simultaneously both good scientists and good politicians.

https://www.youtube.com/watch?v=iZM_JmZdqCw