How a small change in assumptions leads to enormously different conclusions
Re government funding of research: surely crowding out is a problem?
Also you have a typo: "The world called out for" ??
What would you consider to be the 'optimal' level of knowledge creation for any given time period? Like what could go into determining what level is 'optimal' and what isn't beyond market returns on investment into basic research and such.
Beats me — I can give you a direction and a magnitude, but not a number.
Re government funding of research: surely crowding out is a problem?
Also you have a typo: "The world called out for" ??
What would you consider to be the 'optimal' level of knowledge creation for any given time period? Like what could go into determining what level is 'optimal' and what isn't beyond market returns on investment into basic research and such.
Beats me — I can give you a direction and a magnitude, but not a number.