Timeline for Why does research cost so much money?
Current License: CC BY-SA 3.0
8 events
when toggle format | what | by | license | comment | |
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Aug 23, 2014 at 0:42 | comment | added | Superbest | It is indeed simplistic, and I had to force myself to overlook this very obvious fact when stating my argument. However, that battle is already lost: The original question itself is very simplistic. | |
Aug 21, 2014 at 19:58 | comment | added | CGCampbell | Research will find the cure to cancer, which will be priceless to humanity. No money spent on research, no cure found. | |
Aug 21, 2014 at 17:51 | comment | added | Dancrumb | Perhaps, but I'd argue that's a simplistic view of economic value. The value of research may be hard to quantify in monetary terms but the positive impact of the results of medical research (for instance) far outstrips $15bn. | |
Aug 21, 2014 at 2:57 | comment | added | Superbest | I'll play devil's advocate: You pay in $450 bn to run Walmart, but then you get $475 bn back and keep $15 bn profit. None of the money spent on research is expected to come back. | |
Aug 20, 2014 at 19:10 | comment | added | Dancrumb | Done. The Wikipedia links show Revenue and Net Profit for the 3 companies. I figured "cost" to be Revenue - Net Profit. | |
Aug 20, 2014 at 19:10 | history | edited | Dancrumb | CC BY-SA 3.0 |
added 311 characters in body
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Aug 20, 2014 at 18:45 | review | First posts | |||
Aug 20, 2014 at 18:48 | |||||
Aug 20, 2014 at 18:43 | history | answered | Dancrumb | CC BY-SA 3.0 |