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The modern scientific process is guided and determined by peer review. A group of scientists in the field read and scrutinize a scientific manuscript before it is published. Committees of experts review plans for studies and determine whether they should be funded. The National Institutes of Health,
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, National Science Foundation and the European Research Council distributed nearly $40 billion for scientific research in 2014, based almost entirely on peer review.
Do fellow scientists really pinpoint the best research plans to fund,
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? Some scientists have worried that peer review pushes funding toward high profile institutions and previously successful researchers more than to potentially innovative research. A new study attempts to address this concern and finds that peer review does identify influential research,
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. But evaluating whether peer review is the best way to identify the best science to fund is a much harder question to answer,
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.
In the United States,
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, some basic biomedical and clinical research is funded by private companies and investors. But much of it is funded by the NIH with government money. That raises the question of whether that money is being spent on research that is worthwhile for the population as a whole,
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, whether it finds cures and uncovers the causes of disease. “Is the NIH still funding the path-breaking research that is likely to be influential?” asks Leila Agha,
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, an economist at Boston University and a coauthor on the study

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