Par Anita Acavalos:
Overall, we have seen the significance of the profit and loss mechanism in allocating funding for science projects and deciding on a micro scale how these projects should be managed. The elimination of this profit and loss mechanism is bound to lead to inefficiency as government bodies will not be able to use it as a guide to determine exactly which research projects can bear the most fruit. Finally, we have seen how the public funding of science tends to distort its results because “science is nothing if it is not truth, and truth is hard to reconcile with politics.”
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