I dunno if that many Nobel prizes are being awarded to people working for private companies.
But yes, you're right, a government monopoly where there isn't a natural monopoly isn't a good plan. Funding a whole bunch of small projects might be quite a good plan, though. Sort of like angel investment.
But yes, you're right, a government monopoly where there isn't a natural monopoly isn't a good plan. Funding a whole bunch of small projects might be quite a good plan, though. Sort of like angel investment.