‘The Faculty Lounges’
July 6th, 2011




I finally got my copy of Naomi Schaefer Riley’s new book, The Faculty Lounges, and it’s great stuff. Naomi’s been doing great stuff on the market failure that is our university system (the linking of prestige to the consumption of public dollars, the questionable “value” of the college degree) and the book airs out all of this and more–and pays particular attention to the distortions caused by tenure.

If you’ve been interested in the higher-education bubble, this is must reading.



  1. Klug July 6, 2011 at 2:05 pm

    I object to this statement in her NY Post article:

    “Today’s college campuses host some legitimate scientific research — but also vast amounts of trivial research in the social sciences and the humanities.”

    My guess is that the vast amount of research university funding is scientific in nature (i.e. NSF/NIH/DOD dollars.) I don’t think there’s a lot of there there, but I could be wrong.

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