RE: Practical uses of big science projects
June 8, 2015 at 4:13 pm
(This post was last modified: June 8, 2015 at 4:18 pm by Anomalocaris.)
(June 8, 2015 at 3:53 pm)Alex K Wrote: DReturn of investment as the main arbiter of what is the optimal use of resources? Sounds like a non sequitur to me. Or worse, libertarian hogwash
Notice I do not say return on investment leads to good, much less optimal, use of resource. I say other means of measuring optimality of resource use have not demonstrated any sustained superiority in complex, developed economies. Those who too easily come to believe their measure to be evidently superior to return on investment often do so because they can not, or do not choose to, perceive direct or indirect returns of investments which are not made in their pet projects.
