CSIRO funding over time
2012-2013 733.8
2013-2014 778.2
2014-2015 745.3
2015-2016 750.3
Do you think that high extra 28mm to attain that high water mark of 2013-2014 funding would have made the big impact?
Maybe 2017-2018 are dramatically lower and if they are, please provide a source.
http://www.arc.gov.au/sites/default/files/filedepot/Public/M...
http://theconversation.com/infographic-how-much-does-austral...
Again, thanks for fact-checking me. I appreciate the correction!
Almost everything you enjoy in modern life was build first by public funding. The water in your tap, the electricity in your walls, the roads and bridges you drive on, hell, even the Internet was made by the army and TOR was made by the navy.
What had for profit organizations really given us?
I mean, they have obviously given us a lot, the Internet would be pretty dull without for profit organisations, but they often aren’t good at making new things.
There is a reason you’re still using the email protocol, it’s next to impossible to make a standard when for profit organizations take over, and it’s really the same with mosquito mass murder.
This is great for Australia, but if an African country wants to do the same thing they either have to start from scratch or pay.
Historically, a high percentage of major advances in basic science arose in publically-funded org's. The vision tends to be more long-term, the results less utilitarian.
I could make a strong case that the majority of major advances in basic science were made during the "gentleman academic" era.
Publicly-funded research institutions start to become prominent around the Great War, and their relevance is increasingly challenged (see: the replication crisis).
Basic research is more important than the means by which it is funded.
OTOH, I'll stick by my claim that 'basic research' done by privates -- (Bell notwithstanding ... e.g. Jansky was looking to solve a -private- problem, not discover radioastronomy) and especially nowadays -- is much likelier to have a particular pecuniary bias. So, not so 'basic'. Unlike, say, NASA.
It socializes the risk while privatizing the gains.