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I mean this seriously: what problem does one think they're solving, here?https://twitter.com/Noahpinion/status/1088113678640009216 …
FWIW, I think the world would benefit from substantially more non-commercial basic research; I do not think that rewarding yet more paper-pushers with tenured positions is the same thing. We need a dramatically diversified funding ecosystem for new ideas & projects
Aren't the disgruntled people causing problems (voting for Trump, Brexit, etc) disproportionately the less-educated ones, not plausible college profs?
the underemployment and accompanying disillusionment with capitalism of people raised upper middle class and implicitly promised high-status work?? (I do not support this proposal, there is Too Much College as it stands)
But is there any mechanism by which more college professors doesn't just exacerbate this problem? :o
Increase in basic research and a moderate increase in supply of college slots. If @Noahpinion is talking about new colleges to add the profs, then you also get local positive externalities/stimulation (not sure if that would happen just with 
in size of existing schools).
What are we trying to accomplish by "increasing" basic research? What are the terminal goals, there? Are those goals best met by increasing the number of college professors? What are "college slots"? Are there not enough of them? How do we know?
Credit to Noah, he does outline his goal as being A: basic research, B: funneling money to rural-ish areas, and C: keeping intelligent angry people employed and not-rebelling. This does achieve those goals as well as any idea, whether they are good ones is fair to debate.
What are we trying to accomplish by "increasing" basic research? What are the terminal goals, there? Are those goals best met by increasing the # of college professors? Do college professors work in disproportionately rural areas? How could we otherwise increase spending there?
I think this is basically the thought experiment from The Case Against Education of how much happier we'd be if every married couple were provided a massive diamond for the wedding ring. Everyone wins!
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