QuoteOriginally posted by: KaasQuoteOriginally posted by: TraderJoeQuoteOriginally posted by: ppauperQuoteOriginally posted by: TraderJoe$10billion over twenty years or so is chicken feedok, then you can pay it instead of usThe cost of the LHC was split over many countries so the cost for you and me was about $1 each.if the cost is 10b$ and there are 6-7b people on earth, how can the cost be 1$? not every nation will pay, and maybe only adults who pay tax will donate. will not the cost be more than 1$.Sorry, I meant $1 each per year over twenty years. Here's how I calculated it (order of magnitude): Only Western industrialised nations pay, so approx 1billion people, out of which only 1/2 are tax payers, excludes the young and the elderly. So we have have about 500 million people paying for a $10billion scientific instrument over 20 years --> $1 each person per year. Sorry for the confusion.Cheers, Edit: Oh, and I didn't include the discount factor for the time value of money etc etc.
Last edited by TraderJoe
on September 10th, 2008, 10:00 pm, edited 1 time in total.