November 24, 2012
Why Scientific Research Is a Ponzi Scheme
Steve Caplan, The Guardian
Ponzi schemes are typically scams that involve the recruitment of investors, who initially receive high returns for their investments and recruit other investors – until this pyramid collapses, and those at the bottom end up losing all their money. Meanwhile, those at the top of the pyramid disappear with the "earnings". Does this bear any similarity to the pyramidal systems that exist in the sciences at academic institutes and universities?
TAGGED: laboratory, postdocs, scientific research, Ponzi