Thursday, October 24, 2013

The Business of Science, & the fallout in the Economist's eyes [Article]

A recent article in the Economist, titled "Trouble at the lab" attempted to paint scientific research as being abysmally poor at identifying & correcting errors.  Reminded me of that saying "People in glass houses shouldn't throw stones at others".  Bob Frankston explains why:
The larger issue is understanding motivation as market processes and not confusing “Science” as a business (or bodies of knowledge) with “science” as an operational methodology that doesn’t seek the singular truth any more than evolution is directed towards a goal.
Read more here for some thought-provoking discussion on this subject.