11 May 2011

On US academia: "'Going to grad school’s a suicide mission.'... At Yale, we were overjoyed if half our graduating students found positions. That’s right — half. Imagine running a medical school on that basis... What we have in academia, in other words, is a microcosm of the American economy as a whole: a self-enriching aristocracy, a swelling and increasingly immiserated proletariat, and a shrinking middle class."