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Practical uses of big science projects
#14
RE: Practical uses of big science projects
(June 8, 2015 at 3:06 pm)Chuck Wrote:
(June 8, 2015 at 3:01 pm)Alex K Wrote: Who cares whether it generates revenue? Revenue is just green pieces of paper changing places. Revenue does not magically compensate for the man hours and resources that were used for this thing.
With investments of this proportion, and in particular when the topic of the discussion is which endeavours we as a species should and can afford, this does not matter. What matters is only what the  resources and manpower available to mankind are used for. The price in money paid for it is just a shorthand to estimate this cost.
That it generates revenue merely means that some people are willing to trade the work they do in order to ride on this boat, it has nothing to do with the resources sunk into building it.

Those who has the little green pieces of paper and wants more of them cares.

Unfortunately we don't live in a sufficiently strong command economy.   The short hand for the cost, when used to measure revenue, also become short hand for a broad based comparison for quality of investment. 

I don't understand how this addresses my point
The fool hath said in his heart, There is a God. They are corrupt, they have done abominable works, there is none that doeth good.
Psalm 14, KJV revised edition

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Messages In This Thread
Practical uses of big science projects - by Iroscato - June 8, 2015 at 12:48 pm
RE: Practical uses of big science projects - by Alex K - June 8, 2015 at 12:55 pm
RE: Practical uses of big science projects - by Alex K - June 8, 2015 at 3:01 pm
RE: Practical uses of big science projects - by Alex K - June 8, 2015 at 3:07 pm
RE: Practical uses of big science projects - by Alex K - June 8, 2015 at 3:53 pm
RE: Practical uses of big science projects - by Alex K - June 8, 2015 at 4:32 pm

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