Economics

In yesterday's post about the lack of money in academia, I mentioned in passing that lack of funding is part of the reason for the slow pace of progress on improving faculty diversity. That is, we could make more rapid progress if we suddenly found shitloads of money and could go on a massive hiring binge, but in the absence of flipping great wodges of cash, change comes more slowly. This, naturally, sparked a sort of morbid curiosity about whether the scale of this problem would be quantifiable, and of course, there's the AIP Statistical Research Center offering numbers on all sorts of…
Over in Twitter-land, somebody linked to this piece promoting open-access publishing, excerpting this bit: One suggestion: Ban the CV from the grant review process. Rank the projects based on the ideas and ability to carry out the research rather than whether someone has published in Nature, Cell or Science. This could in turn remove the pressure to publish in big journals. I’ve often wondered how much of this could actually be drilled down to sheer laziness on the part of scientists perusing the literature and reviewing grants – “Which journals should I scan for recent papers? Just the big…
Yesterday was Founders Day at Union, celebrating the 220th anniversary of the granting of a charter for the college. The name of the event always carries a sort of British-boarding-school air for me, and never fails to earworm me with a very particular rugby song, but really it's just one of those formal-procession-and-big-speaker events that provide local color for academia. This year's event started, as always, with a classical music performance-- a song by Aaron Copeland, this time, so we've at least caught up to the 20th Century. (I'm not sure I want to live long enough to see a Bob Dylan…
Blogging will continue to be light to nonexistent, as it's crunch time in a lot of ways at the moment, including our double tenure-track search. Which it would be inappropriate to talk about in any more detail than "Wow, this is a lot of work." There are, however, two academic-job-related things that I probably ought to mention briefly. One is this Inside Higher Ed Essay about metaphors for the academic hiring process, which rightly points out a lot of the problems with the "lottery" analogy that lots of people like to use. In fact, Gerry Canavan argues, it's best understood as a game: But…
The London School of Economics has a report on a study of academic refereeing (PDF) that looked at the effect of incentives on referee behavior. They found that both a "social incentive" (posting the time a given referee took to turn around the papers they reviewed on a web site) and a cash incentive ($100 Amazon gift card for meeting a 4-week deadline) worked to increase the chance of a referee accepting a review request, and improved the chances that they would meet the deadline. The effect of cash was a little smaller for tenured faculty, but they were slightly more susceptible to the…
Matt "Dean Dad" Reed has a post about the issue of academic conference travel, which is expensive and often the first thing cut out of college budgets. Which leaves faculty either disconnected from their field, or paying out-of-pocket to attend meetings that they need to demonstrate their scholarly productivity. This, in turn, tends to skew research meetings even more toward those at elite schools with big budgets. This is a hard problem to crack, because the issue isn't just money but time. Reed suggests dropping "the charade of the last half day" because it requires an extra night in a…
I've seen a few links passed around to this Tom Siegfried post about science literacy, which is mostly a familiar story about how polls show most Americans giving incorrect answers to science questions. The sort of stuff you find in the NSF's Science and Engineering Indicators report. What's getting the social-media attention, though, is this paragraph near the end: In fact, I’d contend (and have contended) that the problem with science education is not that it fails to inculcate enough facts, but that it tries to inculcate too many. Science classes in high school and intro classes in…
When I wrote about Benjamin Bratton's anti-TED rant I only talked about the comment about the low success rate of TED suggestions. That was, admittedly, a small piece of his article, but the rest of it was so ludicrously overheated that I couldn't really take it seriously. It continues to get attention, though, both in the form of approving re-shares on my social media feeds, and in direct responses such as a rebuttal from Chris Anderson himself and most recently a long piece by Christiana Peppard at Medium, which are getting their own collection of approving re-shares. So I guess I ought to…
It was looking like we were going to slip through the entire Nobel season without a winner in the Uncertain Principles Betting Pool, but at the eleventh hour, we got one: DougT correctly predicted that the 2013 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel would be shared by Eugene Fama (remember, the requirement to name all the laureates for a particular prize applied only to votes for a Higgs boson prize in physics). So, congratulations to Doug! Email me to claim your valuable prize.
SteelyKid's kindergarten teacher is big on incentives and prizes-- there are a number of reward bags that get sent home with kids who excel in some particular area. I'm not entirely sure what's in these, because SteelyKid hasn't gotten any yet. This isn't because she misbehaves-- from all reports, she's very good-- but she's in a class with 21 other kids, and they've only been in school for a couple of weeks. Still, she regards this as a grave injustice, and I occasionally get aggrieved reports about the distribution of reward bags when I pick her up from after-school day care. I try to…
In a comment to yesterday's post about the liberal arts, Eric Lund makes a good point: The best argument I have ever heard for doing scholarship in literature and other such fields is that some people find it fun. I single this out as a good point not because I want to sneer at the literary disciplines, but because with a little re-wording, this could apply to just about anything. The best reason for studying any academic subject is because it's fun. This is, as I alluded to in a later comment of my own, a significant source of tension for Delbanco's book and a lot of other arguments about…
We're entering the heart of College Admissions Season-- the offers are out, and students are doing the high-stress decision thing-- which means it's time for the New York Times to begin their annual series of faintly awful reports on the state of academia. And right on cue, there's this weekend's article about poor students who excel in high school not applying to top colleges. To their credit, this at least isn't another article about how very, very hard it is for kids from affluent Connecticut suburbs to decide between several different elite schools. And as someone who grew up in a less…
There's been a lot written recently about academic publishing, in the kerfuffle over the "Research Works Act"-- John's roundup should keep you in reading material for a good while. This has led some people to decide to boycott Elsevier, including Aram Harrow of the Quantum Vatican. I'm generally in favor of this, but Aram says one thing that bugs me a bit: Just like the walled gardens of Compuserve and AOL would never grow into the Internet, no commercial publisher will ever be able to match the scope and ease of access of arxiv.org. Nor can they match the price. In 2010, there were about…
A currently popular explanation for the increasing price of higher education is that all those tuition dollars are being soaked up by bloated bureaucracy-- that is, that there are too many administrators for the number of faculty and students involved. While I like this better than the "tenured faculty are greedy and lazy" explanation you sometimes hear, I'm not sure it's any more valid. In part because proponents make it difficult to see if it's any more valid. One of the major proponents of the administrative bloat idea is Benjamin Ginsberg, a political scientist at Johns Hopkins, who is…
The new school year is upon us, so there's been a lot of talk about academia and how it works recently. This has included a lot of talk about the cost of higher education, as has been the case more or less since I've been aware of the cost of higher education. A lot of people have been referring to a "Student Loan Bubble," such as Dean Dad, who points to this graph from Daniel Indiviglio as an illustration: That post is a week old, which is a hundred years in blog time, and I wish I'd gotten to it sooner, because it's a terrible graph. Indiviglio says: This chart looks like a mistake, but it…
Over at io9, they have a post on the finances of running a research lab at a major university. It's reasonably good as such things go, but very specific to the top level of research universities. As I am not at such an institution, I thought it might be worthwhile to post something about the finances of the sort of place I am at: a private small liberal arts college. I'll follow the io9 article's format, but first, one important clarification: Do you really do research at a small college? Yes, absolutely. At the upper level private liberal arts colleges, faculty are expected to be active…
(This post is part of the new round of interviews of non-academic scientists, giving the responses of S.M., a Canadian government employee who would prefer not to be identified by name. The goal is to provide some additional information for science students thinking about their fiuture careers, describing options beyond the assumed default Ph.D.--post-doc--academic-job track.) 1) What is your non-academic job? I work for one of Canada's three federal granting agencies (one, two, three). We get money from the federal government which we give to university resesearchers (i.e. professors). We…
As I noted the other day, we're entering graduation season, one of the two month-long periods (the other being "back to school" time in August/September) when everybody pretends to care deeply about education. Accordingly, the people at the Pew Research Center have released a new report on the opinions of the general public and college presidents about various topics related to higher education. The totally neutral post title is copied from their report. So, what do they find about general public attitudes? The usual confused muddle: Cost and Value. A majority of Americans (57%) say the…
College graduation season is upon us, at least for institutions running on a semester calendar (sadly, Union's trimester system means we have another month to go). This means the start of the annual surge of Very Serious op-eds about what education means, giving advice to graduates, etc. The New York Times gets things rolling with an op-ed from the people who brought us the Academically Adrift kerfuffle a few months back. As I wrote at the time, I am underwhelmed by their argument. In fact, I would let it go entirely, were it not for a new bit that kind of creeps me out. In this new op-ed,…
It's NCAA tournament time, which is time for everybody to break out the moralizing stories about the pernicious aspects of college athletics that they've been sitting on since the football season ended. The Associated Press (via the New York Times) clocks in with a particularly discreditable entry, a story on a study of racial disparities in graduation rates in major college baskeball: An annual report by the University of Central Florida's Institute for Diversity and Ethics in Sport found a 2 percent overall graduation rate increase to 66 percent for Division I players, but showed the rates…