Was this discovery made as soon as was theoretically possible, or are we rationalizing reasons to justify why it was in fact fairly slow? Or to put it another way, it seems like it was fairly slow, could we do better if the process of Science was different?
Like for instance, balancing the cost of putting researchers on the case, trying different combinations of antibiotics (which as experiments go shouldn't be too much of a health risk, neither too much of a material cost) on people with peptic ulcer, against the bayesian evidence for and against the bacterial hypothesis?
Even if the evidence was low, the cost to implement such a research project probably is lower than what's invested in bogus medicine like homeopathics or the like, which has more evidence against itself (at least a bacteria is more likely a causal phenomenon for something than magical water memory).
Those of us who have found the arguments for stagnation in our near future by Peter Thiel and Tyler Cowen pretty convincing, usually look only to the information and computer industries as something that is and perhaps even can keep us afloat. On the excellent West Hunters blog (which he shares with Henry Harpending) Gregory Cochran speculates that there might be room for progress in a seemingly unlikely field.
Link to post.
I think Greg is underestimating the slight problems of massive over-regulation and guild-like rent seeking that limits medical research and providing medical advice quite severely. He does however make a compelling case for there to still be low hanging fruit there which with a more scientific and rational approach could easily be plucked. I also can't help but wonder if investigating older, supposedly disproved, treatments and theories together with novel research might bring up a few interesting things.
Many on LessWrong share Greg's estimation of the incompetence of the medical establishment, but how many share his optimism that our lack of recent progress isn't just the result of dealing with a really difficult problem set? It may be hard to tell if he is right.