Going into academia is usually not the best way to maximize your financial earning potential. So usually people who go into academia value pursuit of knowledge over money. Academics tend to raise children with those values.
People from elite backgrounds increasingly dominate academia, data shows
181–190 of 334 posts
Re: People from elite backgrounds increasingly dominate academia, data shows
#182Earlier quoted context omitted.
And realistically we are at point where having a degree doesn't make you an "elite" anymore. Not necessarily even having PhD... The value of degrees has also inflated.
> value of degrees has also inflated Nitpick: the degree has inflated. Its value has decreased. If something’s value inflates its price has deflated.
Re: People from elite backgrounds increasingly dominate academia, data shows
#183Re: People from elite backgrounds increasingly dominate academia, data shows
#184Earlier quoted context omitted.
I've been affiliated with MIT in one way or another for more than a quarter-century. What's been astounding is the change in faculty. Historically, MIT faculty were nerds into neat tech problems. New MIT faculty are slick politicians with an increasing sleazy Enron-style vibe. That's true of MIT leadership as well.
Can you elaborate on what "Enron-style vibe" means when describing university faculty?
Re: People from elite backgrounds increasingly dominate academia, data shows
#185Earlier quoted context omitted.
Cardinals were very often not actually celibate, just like less promoted priests.
Yeah, those nephew were often illegitimate sons, but that just goes to prove that forced celibacy has never worked.
Re: People from elite backgrounds increasingly dominate academia, data shows
#186Earlier quoted context omitted.
Real Analysis, Linear Algebra and Calc I-III are not required to get an Economics degree but they will help enormously if you want to go to MIT(number one programme), Harvard (two) or even someplace like Penn(somewhere in the top 20). You do not need to get a Math minor to get an Economics major.
"You do not need to get a Math minor to get an Economics major." That wasn't the claim. The claim was that it's somehow surprising that economics is math heavy. Yes there are 'policy' or 'international business' degrees camouflaging as 'economics' degrees, but how can it be a surprise to any but the most uninformed that 'economics' (at least the prestigious degrees, which are the ones that will produce the majority o…
Re: People from elite backgrounds increasingly dominate academia, data shows
#187Re: People from elite backgrounds increasingly dominate academia, data shows
#188Earlier quoted context omitted.
I've been affiliated with MIT in one way or another for more than a quarter-century. What's been astounding is the change in faculty. Historically, MIT faculty were nerds into neat tech problems. New MIT faculty are slick politicians with an increasing sleazy Enron-style vibe. That's true of MIT leadership as well.
Do you know of some place where there are still nerds into neat tech problems?
Re: People from elite backgrounds increasingly dominate academia, data shows
#189Criteria for becoming an academic: - Above-average IQ - Intellectual upbringing - PhD, i.e. spending five years of your life in your mid to late 20s getting your union card - During those five years, at least one of: no other mouths to feed, a working spouse, independent wealth, or well-off parents willing to support you - Willingness to get a PhD for a less than - Left-wing cosmopolitan social and political views
Ex-wife is an English professor. Department-wide "purges" were not unheard of. She was spared, though this was probably because she was a lowly adjunct.
Re: People from elite backgrounds increasingly dominate academia, data shows
#190If you put two economists in a room, you get two opinions, unless one of them is Lord Keynes, in which case you get three opinions.
If it's a choice between "inequality", or reducing it by minting more parasites, I think I prefer inequality.