> mathematics is in a weird and, I’d say, unique position of always having to defend what they do with respect to it’s value for other disciplines. I again stress that this is something that would be considered absurd when it comes to any other discipline.
> People don’t expect any return on investment from physical theories - noone bashed string theory for failing to make useful predictions.
Huh? Tons of people bash string theory for failing to make useful predictions! There was a whole book criticizing it called "Not Even Wrong", meaning it didn't even reach the point of being testable.
A better argument for advanced math: it's not always clear in advance what math will be useful. A popular example is Riemannian geometry, which had no clear real-world value when developed, but ended up being used for General Relativity a few decades later.
I also support the argument that math is intrinsically and aesthetically valuable, but for those who don't agree, the argument above may make some headway.