2. The above might upset people but string theory is a good example - partly yes people are held hostage by funding (much like it's hard to avoid being typecast as an actor). But the solution to that is to fund lots more (experimental) movies, not to hope studio heads can pick better winners.
I am perfectly happy for a slice of my tax dollar to go on someone thinking about Pram theory (#) for a decade simply because we have no idea whatsoever how to tackle the big ones in physics, so spray and pray is going to be a lot better than most other options.
(#) Red Dwarf episode. worth watching episode just for this joke.