In my view, those are very trivial amounts, for an entire subfield of research. I can think of individual federal grants no one on HN has heard of or cares about that are are larger than all of those put together, which are outright fraudulent—those are dime-a-dozen.
Also, note that your first three examples aren't public money, rather private philanthropy. No one can speak against where Jim Simons gifts his billions (and in point of fact Simons is an expert in quantum field theory himself—no one's scammed him, if he's decided string theorists are worth donating to. He reads and understands the papers they write).
It's a fair anchoring point, isn't it? It's the theory and experiment side of the same field. We're just spending 0.01% of the experimental budget on some (possibly wrong and possibly dead-end) theory ideas, and the coffee that produced them.
Also, note that your first three examples aren't public money, rather private philanthropy. No one can speak against where Jim Simons gifts his billions (and in point of fact Simons is an expert in quantum field theory himself—no one's scammed him, if he's decided string theorists are worth donating to. He reads and understands the papers they write).
https://en.wikipedia.org/wiki/Jim_Simons_(mathematician)
- "(albeit not in high energy physics)"
It's a fair anchoring point, isn't it? It's the theory and experiment side of the same field. We're just spending 0.01% of the experimental budget on some (possibly wrong and possibly dead-end) theory ideas, and the coffee that produced them.