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The economic justification for academic tenure

Published online by Cambridge University Press:  08 February 2007

H. Lorne Carmichael*
Affiliation:
Department of Economics, Queen's University, Kingston, Ontario K7L3N6, Canada http://www.econ.queensu.ca/pub/faculty/mini/carmykle.php
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Abstract:

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The ocean of academic knowledge is now so wide and so deep that university administrators must rely on the incumbents in their departments to identify and train new hires. This is in direct contrast to a sports team, where management can readily identify new talent. It follows that aging academics get to enjoy tenure, whereas older athletes do not.

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Type
Open Peer Commentary
Copyright
Copyright © Cambridge University Press 2007