Harvard has the largest endowment in the world and has consistently ranked in the top 3 for decades.
TL;DR: does more money = more scientific progress?
Yes. You need money to pay for talent and equipment.
>>8592145
To a point, but more progress also = more funding/investment.
>>8592145
The top research universities get federal grants and patent research, leasing it for profit (not giving back the federal tax dollars).
In turn this makes the school rich and they can afford to handpick the best of the best with lucrative grant money.
In exchange the US gains "prestige" they can claim to have the 'best universities' because they are federally subsidizing them heavily, all countries do this too btw.
The only issue is the university admin then go around giving themselves too big salaries, for example there is countless Provost and Vice-Provost, Deans, Board of Directors and other admins at my university all making over $400k/year plus they live for free either on campus or with housing credits, and they are given free travel. A large majority of them are politically appointed, such as our President who was a fundraiser for a political party thus he in turn hires all party cronies and fills their high paying positions.
>>8592196
try >>/leftypol/
>>8592210
leftypol would agree with university admins giving themselves giant salaries that are subsidized by the taxpayer
>>8592236
No you're just a typical socialist whining about why some people are earning more than you.