I seem to remember a posting on Slashdot regarding "anti-intellectualism" amongst nerds. Not everything in life has to have a direct dollar value. Pure research may not have a direct practical outcome - ever - and when it does, it involves decades-long pay-off times, but I would not be arrogant enough to write it off totally. Some things have a 'utlity' value - it's valuable because we derive satsifaction from discovering new knowledge. (And I'm an ex-engineer having been involved in the most utilitarian of industries, i.e. telecoms switching, automotive electronics, airborne radar, etc. all of which rely on somebody else having done the basic physics covering electronics design over previous decades of research.)