Why are professors “poorly paid”?

As an aside, his analysis of American Time Use Survey diary data demonstrates those lazy professors work almost 50 hours a week during the academic year, and 40 hours a week during the summer (see his Table 2). I have documented a large pay disadvantage of academics behind otherwise identical doctorate-holders. Part of this disadvantage…

The political affiliation of college faculty

This guy actually tracked down the party registrations of almost 9,000 faculty members! Interestingly, he finds almost a quarter of faculty at liberal arts colleges aren’t registered to vote. If you assume these individuals are relatively apolitical, then the numbers would look quite a bit different. These are ratios of registered Democrats to Republicans: According…

Faculty respond to incentives; who would have guessed?

National policies take varied approaches to encouraging university-based innovation. This paper studies a natural experiment: the end of the “professor’s privilege” in Norway, where university researchers previously enjoyed full rights to their innovations. Upon the reform, Norway moved toward the typical US model, where the university holds majority rights. Using comprehensive data on Norwegian workers,…

Taleb doesn’t like professors, can’t say I blame him

6) The educational model is now imploding as the only thing people seem to learn at colleges is ideology by losers who became professors because they aren't good enough to create things & got together to BS in a citation ring #RentSeekers (not just in economics, but everywhere) — Nassim Nicholas Taleb (@nntaleb) April 26,…

Good quote about faculty work

A prerequisite for a successful scientific career is an enthusiastic willingness to pore through the minutiae of subjects that 99.9 percent of Earth’s population find screamingly dull. The Wizard and the Prophet, p. 148.

How not to be a professor

Mr. Dillon describes himself as a “prickly guy,” but it may be more accurate to say he is the antitenure crowd’s straw man made flesh. In his 34 years at Charleston, he has received three official letters of reprimand, along with many negative evaluations from his supervisors and his students. (A sample review from RateMyProfessors.com:…

Contingent faculty are better teachers than tenure track faculty

This study makes use of detailed student-level data from eight cohorts of first-year students at Northwestern University to investigate the relative effects of tenure track/tenured versus contingent faculty on student learning. We focus on classes taken during a student’s first term at Northwestern and employ an identification strategy in which we control for both student-level…