It has been claimed that it doesn't. The claim is: government funded research was, for all modern purposes, non-existent before 1920, and yet the pace of development and growth in science, technology and wealth remained constant into the modern day.
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This should help our understanding.
Goto where the farmers are burning down the rain forests
I did that, but I was in the middle of the carbon cycle, and now I have no idea where I am in this program's execution!