@8599d6ab Two possibly contradictory things: 1. More stable research jobs that where people won't get fired for not getting grants (hard money). 2. More grant funding.

I don't think the issue is specifically about funding high-risk, high-reward. It's that we have little clue what research will be high reward and the more research that's funded the more likely some will lead to major discoveries.

The trouble is that increases in overall grant funding leads to places like UPenn creating more soft-money positions. A big Q for me is how to give universities an incentive to internally support more stable jobs.