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> For example, what are the odds that current public R&D spending is really at an optimal theoretical level? Do these models account for potential substitution
by magicalist 1y ago
> For example, what are the odds that current public R&D spending is really at an optimal theoretical level? Do these models account for potential substitution by private industry if government funding is reduced? etc.
On the other side of things, they're using an economic model based on keyword searches for woke language in grant descriptions, and yet you felt compelled to comment to urge skepticism and "just ask questions" only about this study?
- olalonde 1y agoI don't know what you are talking about but I'm generally skeptical of macroeconomics as a field - especially its frequent misuse of statistics.