Magazine article The Times Higher Education Supplement : THE

Asset Management: Letters

Magazine article The Times Higher Education Supplement : THE

Asset Management: Letters

Article excerpt

Times Higher Education warned recently of a "stark choice" of where spending cuts must be made as a result of the government's spending review ("Hobson's choice? Not if we can help it", News, 16 May). One of the options discussed was cutting the science and research budget.

The Academy of Social Sciences has recently completed its submission to the government as part of the review process, and in it we advise that maintaining spending on our disciplines is vital. We point out that it is not just science, technology, engineering and mathematics that contribute to the UK's wealth: in fact, the social sciences play a vital role in bringing scientific discovery into widespread use.

We argue that without an understanding of the social, economic, political and cultural processes underlying innovation - both in its development and its adoption - our future economic growth will be jeopardised.

The point is that a well-supported body of social science research helps policymakers invest more wisely in the future and deters ineffective spending. …

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