It depends whether you're modelling the increased demand for doctors as coming from pure population growth, in which case the point by @Quantumfreakonomics stands, or having greater demand for doctoring from the same total population in area, in which case your point stands and there's a natural cap
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There's an interesting question about what "fundamental science" research (is not practical or applied research) really is in social science, and how/why any country might fund it.
$NZ 75M presumably would fund a lot of work in social science, since research is less reliant on equipment than in harder sciences.
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