I’ve always been bullish about American scientific and technological supremacy, not in some starry-eyed, jingoistic way, but due to the simple reality that the United States remains the world’s research and development engine.

This is true for at least four reasons, which I detailed previously: (1) Superior higher education; (2) A cultural attitude that encourages innovation; (3) Substantial funding and financial incentives; and (4) A legal framework that protects intellectual property and tolerates failure through efficient bankruptcy laws. There’s a fifth, fuzzier reason, namely that smart and talented people have long gravitated toward the U.S.

The Slow Suicide of American Science–ACSH