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August Research Update

🕑 Added 2020-09-02 01:38:45 +0000 UTC

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Think I found a typo on your CV. “Ancient Police Should Know Where Rome Went Wrong" should be "American Police."

Naldiin

It's a mix of factors. A passion economy is certainly part of the problem. But you also have PhD programs that are just admitting too many people for the jobs out there, because they want the prestige and the TA's and so on. And then also you have a situation where the number of available jobs and the rate of growth has really contracted, so most fields are built for the expansions of the 1980s and 1990s...but if anything, fields are now often shrinking.

Alex Petralia

Bret - do you have any idea of what explains the supply-demand mismatch? Why are there so many driven, industrious, highly educated people chasing so few jobs? Is this another "passion economy", like we see within Hollywood or Silicon Valley?


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