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by antoineMoPa 2425 days ago
Gravity keeps bank on the ground, thus physics funding is essential to the finance world. Imagine all banks floating away.
2 comments

Funny. More seriously though gravity would keep banks on the ground regardless if we study it or not. So physics research doesn't really contribute in this case :(
But we only know it does because of physics, and without knowing there isn't a risk of banks floating away, people would be afraid of building banks. And, of course, mechanics generally are what enable the analysis of large static loads.

Same issue with how studying life expectancy and mortality allows you to quantify the risk of death, injury and disease, thus enabling life insurance and health insurance.

The problem with the claim "this is all physics" is that, yes, Newton wrote down the original formulas for mechanics, but those had to be translated into all the engineering practices to be useful. Most of the economic value comes from engingeers who have mastered nth-order derivations of the original equations.

I really don't think people would be afraid of banks floating away, Newton or no.
Just tether them with the blockchain?