Economics
The South Pole Telescope is funded through the National Science Foundation Office of Polar Programs with additional support from the Kavli Foundation and the Gordon and Betty Moore Foundation. The telescope cost $19.2 million (to understand this number, one must think carefully about where the telescope ends and the station begins). A budget document from FY2008 concerning South Pole Station Modernization projected expenses of around $16 million per year.
Read more about this topic: South Pole Telescope
Famous quotes containing the word economics:
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (1894–1961)
“I am not prepared to accept the economics of a housewife.”
—Jacques Chirac (b. 1932)
“Religion and art spring from the same root and are close kin. Economics and art are strangers.”
—Willa Cather (1876–1947)