A new kind of uprising at Berkeley -- The lessons of history -- The birth of the market-model U -- The republic of science in turmoil -- Are conflicts of interest hazardous to our health? -- The university as business -- Dreaming of Silicon Valley -- Paying more for less : the commercial squeeze...

We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War era Space Race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending. Our results demonstrate that public R&D...