Dating to relating book cost
There are dozens of government bodies, private institutions, and universities that could do this kind of thing if they wanted. So “science is broken” seems like the same kind of statement as “a bill has been on the floor of Grand Central Station for a week and nobody has picked it up”. Or: suppose you thought that health care is inefficient and costs way too much.But if this were true, some entrepreneur could start a new hospital / clinic / whatever that delivered health care at lower prices and with higher profit margins.Suppose you thought that modern science was broken, with scientists and grantmakers doing a bad job of focusing their discoveries on truly interesting and important things.But if this were true, then you (or anyone else with a little money) could set up a non-broken science, make many more discoveries than everyone else, get more Nobel Prizes, earn more money from all your patents and inventions, and eventually become so prestigious and rich that everyone else admits you were right and switches to doing science your way.Consider a freshman biology student reading her textbook who suddenly feels like she’s had a deep insight into the structure of DNA, easily worthy of a Nobel. For all of them to miss a brilliant insight sitting in freshman biology would be the same failure as everybody missing a on the floor of Grand Central, or all of Wall Street missing an easy opportunity to make money off of Google, or every entrepreneur missing a great market opportunity for a Thai restaurant.So without her finding any particular flaw in her theory, she can be pretty sure that it’s wrong – or else already discovered.The market economy is very good at what it does, which is something like “exploit money-making opportunities” or “pick low-hanging fruit in the domain of money-making”.If you see a bill lying on the sidewalk, today is your lucky day.
This brighter light box cured Brienne’s depression when the conventional treatment had failed.
They also have enough money that if they see a money-making opportunity, they can keep buying until they’ve driven the price up to the right level.
So for Google to remain underpriced when your uncle sees it, you have to assume everyone at every Wall Street hedge fund has just failed to notice this tremendous money-making opportunity – the same sort of implausible failure as a staying on the floor of Grand Central for a week.
Or: suppose you think that US cities don’t have good mass transit.
But if lots of people want better mass transit and are willing to pay for it, this is a great money-making opportunity.