Economics of Science and Technology

https://www.youtube-nocookie.com/embed/K5bG2XiAXl4

Further reading:

Science, Technology, and Government by Murray N. Rothbard

The Economic Laws of Scientific Research by Terence Kealey

Liberty and Research and Development: Science Funding in a Free Society edited by Tibor Machan

Science Funding: Politics and Porkbarrel by Joseph P. Martino