Physics World podcast: How to fund physics using the wisdom of the crowd
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Doing physics research costs money and today most of it comes from government funding agencies. Grant applications are reviewed by expert scientists and funding policies are shaped by bureaucrats and politicians. This inevitably leads to mountains of paperwork, and Jackson argues that this wastes valuable time that could be spent on actually doing research.

His solution is for physicists to appeal directly to the public for research money by using Fiat Physica, which he launched late last year. Jackson tells physicsworld.com editor Hamish Johnston about how crowd-funding works and describes some of the projects that have used his service. He also explains how Fiat Physica will avoid paying for crackpot research on topics such as perpetual motion.

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