Sunday, June 28, 2009

Bad Science Or Bad Research II

From the New York Times

I have always been of the opinion that many of the most important discoveries come when you are looking for an answer to a question but then find an answer to another more important question. The question becomes can a grant-making process be developed that puts people in position to answer important questions without quelling their creativity and their ability to answer other questions that were not in their original grant proposal? I guess it comes back to the ex ante versus ex post thing. Research involves so much ex ante uncertainty but also requires so much ex ante funding. Ex post, research results are "taken care" of by the market. But ex ante expectations rarely equal ex post returns, as evidenced by my dissertation which I am going to start working on right now.

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