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by insightcheck
1403 days ago
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> "On the other extreme are degrees that, like GP identified, were never meant to be economically sound. They focus on intellectual ideas and curiosities, rather than skills actively needed by the economy. Government subsidy here would be little more than subsidizing hobbies and other activity that do not provide economic returns." The risk of defunding these programs is that you can't confidently say whether many of these subjects might become useful in the future. Many research areas in linguistics, for example, may not have direct economic benefits right now, but could be useful far in the future if humans have alien contact (like the film "The Arrival"). Less speculatively and outside of science fiction, many pure math discoveries have ended up as useful in cryptography and computer science. Astronomy and astrophysics could yield commercial applications far into the future, along with other fundamental scientific research. Outside of science and more into the arts, history has been influential in recent times to the decision-making of various political leaders. Social science research can be important for the welfare of a country, in the creation of effective evidence-based policy. The support of artists and writers can improve the political influence of a country, when influential works spread to other countries. Focusing on economic returns right now is too narrowly focused on the short term, and ignores the longer-term benefits for a country. |
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>> "On the other extreme are degrees that, like GP identified, were never meant to be economically sound. They focus on intellectual ideas and curiosities, rather than skills actively needed by the economy. Government subsidy here would be little more than subsidizing hobbies and other activity that do not provide economic returns."
>The risk of defunding these programs is that you can't confidently say whether many of these subjects might become useful in the future.
Why do the options have to be either "free college for all" or "defund programs that don't have direct economic benefits"? The option that you're missing is not giving free college for all, but still providing some merit based scholarships to subsidize the most promising students.