• Post category:Finance
  • Post author:

Part the First. A Few Words in Response to the Excellent Commentariat of Naked Capitalism.  No one knows better than I that funding of science in the United States is hit or miss.  My overall average flirts with the Mendoza Line, which is not so bad.  For most I do not miss the grant treadmill/lottery, however.  The mechanisms at the National Institutes of Health and the National Science Foundation can be improved, as I have written here before.  NIH tends to be conservative in its funding.  NSF can be downright inscrutable, as when it asks for high-risk, high-reward theoretical and quantitative proposals (i.e., with spurious mathematical apparatus attached) in molecular and cellular biology.  No, actually.  That is not how molecular and cellular biology works.  Besides, “high-risk, high-reward” is a silly formulation.  The only risk is that the experiments will not work or will not work as planned.  My research has

Keep reading this article on Naked Capitalism (Yves Smith) - Blog.

Leave a Reply