Re:China now the most prolific contributor to physical scien...
by jabl on Friday September 14, 2018 @05:20AM
(#17985821)
I didn't downvote your contribution, but I suspect a lot of the downvotes were due to your argument being, at best, tangentially related to the point made in the article you linked to.
So the article makes the claim that left to its own devices, science wanders off into the weeds, spending a lot of money and brainpower on things which have absolutely no foreseeable application to the real world (e.g. stuff like string theory). FWIW, I do have sympathy for this viewpoint; while I think there is a place for purely curiosity driven blue-sky basic science, perhaps a smaller pie of the total R&D spending ought to be spent on such things.
From this you then conclude that government financing of science is bad (which goes against the econ 101 reason why the state must shoulder some of the R&D responsibility, so I won't bother to discuss that further here), whereas the article makes the opposite conclusion, namely that the state should take a much more hands-on goal-oriented approach to funding science (e.g. "get our boys to the moon before the commies").
So the article makes the claim that left to its own devices, science wanders off into the weeds, spending a lot of money and brainpower on things which have absolutely no foreseeable application to the real world (e.g. stuff like string theory). FWIW, I do have sympathy for this viewpoint; while I think there is a place for purely curiosity driven blue-sky basic science, perhaps a smaller pie of the total R&D spending ought to be spent on such things.
From this you then conclude that government financing of science is bad (which goes against the econ 101 reason why the state must shoulder some of the R&D responsibility, so I won't bother to discuss that further here), whereas the article makes the opposite conclusion, namely that the state should take a much more hands-on goal-oriented approach to funding science (e.g. "get our boys to the moon before the commies").