Friday, June 8, 2012

Scientific research and the pervasive effect on the economy

Scientific research as we all know is funded by the national government. Other than this meager factual stat we don't concern ourselves with the financial aspects and implementations of scientific research. However, if asked the question, "Does research effect the economic development (not considering geographical location) one would probably answer yes to the question. This stand point is valid as such action requires experienced individuals to perform the gainful activity which adds to the existing labor force. With this expansion also comes advances in technology which in turn stimulate economic growth by allowing revenue to come in.  Wait-if this is true then why are't scientist making like rabbits and hopping to it? Well, the situation isin't as clear as it seems. Despite the widely acclaimed belief research assists in promoting an imperialistic economy social science is know beckoning a new hypothesis of the impact research has on a nations economy. According to a report from Stanford performed in 2005 sociologists are claiming, "Indicators in national scientific activity show that this negative effect is partially explained by the expansion of scientific activity into more relevant domains (e.g. medicine and environmental sciences)". In other words the economic stimulation governed by the empirical activity is combated by the impact it has on medicine. This makes sense as for instance in medicine the cost of national care generated by hospitals amounts to 4.7 billion in the year 2012 alone.
 How can we make both sides win? The answer is, we can not. I feel in my opinion science and politics are separate entities and we should find a way to rig the system in such a manner that the annals of science should not be intermixed with other federally run programs. Why should scientists be seeking work when they could stimulate their mind and make a profound effect on the world just because the feds are fat cats. Science and politics just don't mix. Period.

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