Science funding under the microscope

For the first time in New Zealand economists have carried out a detailed study of the effectiveness of science funding. The non-profit research organisation, Motu, says its research suggests the final selection process of the Marsden Fund is no better than a lottery. Nine to Noon speaks to the director of Motu, Adam Jaffe, as well as the chair of the Marsden Fund council, Juliet Gerrard and the president of the Association of Scientists, Nicola Gaston.