Timmy elsewhere

At the ASI.

Why the private financing of science is better than you think.

2 thoughts on “Timmy elsewhere”

  1. Don’t think your argument quite holds up. Funders are indeed a subset of consumers of the output of research but only a small subset. The interests of other consumers matter too and may not be aligned with funders. They may prefer if other things were researched, for instance. So unless private or philanthropic research is duplicating previously publicly funded research, it’s not a perfect substitute and not clear grounds to reduce public funding correspondingly.

    I also suspect research is a public good only to a degree – some discoveries may be excludable using intellectual property law – and I wouldn’t be surprised if private funding was disproportionately directed at areas thought likely to produce such discoveries.

  2. Having worked in both government-funded and privately-funded academia, I can wholeheartedly confirm that both are utterly crap employers and have similarly low standards of scientific rigour.

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