Are there too many scientists? Not enough? Should there be more?
These are weird questions because, as I see it, efficient markets would allocate resources…well, efficiently. Efficient markets would never even permit these questions to be asked, let alone answered.
Except that we don’t have efficient markets. We have top-down controlled markets. We have Federal stimulus funding that went to train scientists that weren’t needed. Now they can’t find jobs. No surprise here.
Top-down doesn’t work. STOP DOING IT!!!