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MichaelGR comments on Helpless Individuals - Less Wrong
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Find a way to give it a bigger bite of GDP, and new bureaucrats will arise to seize the money for worthless projects, generating more noise in the journals? We could be in a situation analogous to the situation in some countries where giving money to beggars just reallocates more of the economy to begging without increasing the income of the average beggar.
Could you elaborate here?
Are you saying you think the impact of a higher portion of GDP spent on "science" would be negative, more or less neutral, or positive (but with diminishing returns)?