David Adler

David Adler is the author of The New Economics of Liquidity and Financial Frictions. His analysis of Operation Warp Speed will be published soon in the US policy journal American Affairs.

The problem Dominic Cummings’s ARPA won’t solve

From our UK edition

The UK might be the most inventive country in the world. Think of all the technologies which only came about thanks to British research: the world’s first commercial jet, computers based on Charles Babbage and Alan Turing’s ideas, lithium-ion batteries which stemmed from the research of John Goodenough at Oxford. And now think of the countries that currently dominate these technologies. Britain doesn’t come to mind. Our inability to turn inventions into domestic industries is almost a disease. Which is where the government’s new plan for an Advanced Research & Invention Agency (ARIA) comes in. ARIA aims to ‘fund the most inspiring inventors to turn their transformational ideas into new technologies, discoveries, products and services.