Arnold Kling  

Comment of the Week, 2003-05-28

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Anti-Consumer Regulation... Liquidity Trap or Statism Trap...

On the topic of the academic job market, Damien Smith writes,


Could the trouble in the humanities PhD market not be an insider-outsider problem, where the "insiders" (in this case, tenured faculty) exercise a form of market power over the wage?

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