Quote of the moment

August 9, 2006

Asymmetrical Information: The Market for Professors (link via Dan Drezner):

Firstly, academics are broadly ignored (ask any academic) so it does not matter what they say at all. Occasionally the marginal idea escapes the academy and has an impact, but by and large students just want to graduate, academics just want to be insulated from the real world, and the real world wants to be isolated from loonies who go on about how great Che Guevara was. In this light, the Academy is a very efficient mechanism, creating surplus for all.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s