January 4, 2014

HIGHER EDUCATION BUBBLE UPDATE: Megan McArdle: Can’t Get Tenure? Then Get A Real Job. “Academia is now one of the most exploitative labor markets in the world. . . . As I’ve remarked before, it’s not surprising that so many academics believe that the American workplace is a desperately oppressive and exploitative environment in which employers can endlessly abuse workers without fear of reprisal, or of losing the workers. That’s a pretty accurate description of the job market for academic labor … until you have tenure.”

I recommend reading my new book.