So many people have the opinion that private research must be flawed because of the profit motive, but the profit motive ensures that someone will be motivated to take oversight seriously, and have the power to punish misbehavior.
Free markets, as ugly as they are sometimes, are still the best way we have of ensuring that incentives align with outcomes.
War also works, to a certain extent, as a source of truth to align incentives with outcomes. But it's horribly expensive even in terms of economics alone, not to mention the human tragedy.
Luckily free markets work as a backstop, too. Add in free movement of people (who often want to come to better run places), and free movement of capital, and you have a winning combination.
Another stroke of luck: even if you only implement a very partial version of 'free', you still get partial benefits. Slightly freer markets are typically slightly more efficient. It's not an all or nothing proposition.
So many people have the opinion that private research must be flawed because of the profit motive, but the profit motive ensures that someone will be motivated to take oversight seriously, and have the power to punish misbehavior.
Free markets, as ugly as they are sometimes, are still the best way we have of ensuring that incentives align with outcomes.