Overview

• Ulrike Malmendier, a German economist and professor at the University of California, highlights U.S. research funding cuts under President Trump as a chance for Germany to strengthen its scientific position.
• Malmendier draws historical parallels to the 1930s, suggesting a potential reversal of roles as U.S. researchers consider leaving due to restrictive policies.
• She emphasizes the need for Germany to invest heavily in its research infrastructure, particularly in fields like artificial intelligence, biosciences, and climate technology.
• Concerns over the impact of Trump's policies include threats to scientific freedom, diversity, and equality, which could harm the broader scientific and economic landscape.
• Malmendier acknowledges that German universities currently lag behind U.S. elite institutions but argues this moment presents an opportunity to build a globally competitive research environment.