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nickles | 3 years ago
There is an optimal level of spending on basic research for society, and it's not 0. Was it a bad idea to launch unproven satellites into space in the 1970s? Your laborer didn't see the immediate benefit, but now that worker has GPS, which almost certainly improved the worker's life. In fact, the technologies enabled by GPS were unimaginable at the onset of the project. Should the project have been scrapped entirely?
It's impossible to say whether research will produce valuable results a priori. But it's not true that your laborer doesn't see benefit. The price we pay to live in organized society is taxation. Should that same laborer argue that he shouldn't pay taxes for highways built 400 miles away? Is it possible that this laborer may not know what's best 100% of the time?
ponow|3 years ago
Also, some poorer people would pay to fund research in the absence of gov't funding. They actually already do, for disease research.
You can use utilitarian arguments to force people to do things that they otherwise would refuse. Isn't that a kissing cousin to indentured servitude?
Also, do you knot think I understand the riskiness of research? As if I haven't endured a few decades of poverty as a result?
nickles|3 years ago
From an economic perspective, it's likely the level of funding would be less than the optimal level of funding. If the goal is to maximize public welfare, government funding is necessary.
> Why does the committee's judgement take precedent?
Ultimately someone needs to make decisions on resource allocation. Is a committee necessarily the best way? Maybe, maybe not. I'm not qualified to tell NIH how to operate.
> You can use utilitarian arguments to force people to do things that they otherwise would refuse
Agreed entirely, it's a very difficult issue to grapple with.