Science drives economic progress.
Science is done in the universities.
The business influences and methodologies are making it more and more difficult to be a professor.
Few americans are willing to become physicists anymore. This dates from just after the moon landings.
(In K-12 fully 50 % of new teachers quit the profession within 5 years. At all levels teachers are poorly paid
and badly treated.)
The high price of fuel/energy results from poor funding of research into things like fusion energy.
Much medical diagnosis could be done more economically by computer expert systems.