Economics department corruption
Some of my usual quotes on why economists, at least those sponsored by deep pockets, make so much money: http://jessescrossroadscafe.blogspot.co.uk/2011/01/charles-ferguson-mit-brunel-lecture-on.html «It is one thing to be honestly correct or not correct about something; it’s another thing for an academic discipline to have a systemic corruption problem. And that’s what I will be talking about in part later, because the economics discipline in my view does have that problem.» http://www.democracynow.org/2012/5/29/inside_job_director_charles_ferguson_wall «And the same interest groups, companies, industries, that began contributing to political campaigns and building up lobbying organizations and engaging in revolving-door hiring in the political sphere also began doing the same thing in American academia, to the point that now there is actually an industry, an industry that’s probably a couple of billion dollars a year, of selling academic expertise for people who have publi...