Harvard’s ‘billions-for-trillions’ trade-off
The medical breakthroughs achieved by Harvard Medical School have been documented by the Economic Impact Analysis Report on Medical Innovations from the National Bureau of Economic Research and the NIH Funding Data Overview of the National Institutes of Health. These studies also compared the estimated monetary benefit of these discoveries to the cost of Federal grants to Harvard. Here are a few examples of Harvard’s medical research achievements: In the early 1920s, researchers at Harvard Medical School played a crucial role in discovering and developing insulin therapy for ...