Average tuition for a year at a US private college is $35k. Nobody should pay that. Offering $140k for 1 year of regular time with any one of the best minds in your field of choice would be a strictly better use of your resources (and probably theirs, if they'd otherwise teach).
-
This Tweet is unavailable.
-
Merit is a proxy itself, for future productivity. Past productivity is a proxy for future productivity. I agree with most of what you say (esp occupational licensing) but proxies are structurally necessary imho
