Abstract
A recent publication in this journal (CitationGordon and Poulin, 2009) argues that the cost of the NSERC peer review exceeds the cost of giving every researcher a $30,000 baseline grant. However, the authors overestimated the ratio of peer review expenses to baseline grant cost by a factor of 26. The real cost of peer review is less than 5% of the baseline grant amount.
Notes
1The part of a DG proposal that actually describes the research plan consists of 5 pages.